As many know Gary was previously Director of Enforcement at the JFSC and more recently a KEY PERSON at large multi-jurisdictional private equity firm.  As you can see along with this wide range of skills, Comsure clients can rest assured they are receiving the best advice and guidance.   More specifically and as an update, Gary […]

To catch the Colombian cartel’s money launderers, Robert Mazur and his colleagues started in the same way as many successful fraudsters: from the feet up. A reformed thug whom Mazur met at a bail hearing advised him to invest the US government’s funds in expensive shoes, to give a reassuring air of wealth if the […]

After talking to a client today I have put together a summary of recent changes to the ‘tipping-off’ offence under Jersey law PROCEEDS OF CRIME AND TERRORISM (TIPPING OFF – EXCEPTIONS) (JERSEY) REGULATIONS 2014 – Revised Edition https://www.jerseylaw.je/laws/revised/Pages/08.780.80.aspx Please note this update is only intended to give a summary and general overview of the subject […]

I attended the JCOA October Presentation where the JFSC provided an Update on their work and plans through to 2017. The presentation was informative and certainly gave an insight into: Risks keeping the JFSC busy at the moment the JFSC focus for 2017. The Key messages provided by Roy Geddes and Anita Matthews of the […]

In the Guernsey Press today it has been reported that there has been CALLS for a significant change of regulatory approach at the Guernsey Financial Services Commission following investigations surrounding investment business Providence. Read more at: http://bit.ly/2dFYuT9 The article goes on to say:- Former Treasury minister Deputy Charles Parkinson raised the matter as the States debated […]

Read more click here: http://bit.ly/2cKWNmr or read the extract below. What could get you into trouble… Principal and Director of Comsure Group, Mathew Beale, highlights what we all can learn from misdemeanors in the financial sector. As a Regulatory Compliance Risk Adviser, I now find myself in my 14th year at Comsure. This follows my seven years […]

In Jersey, several of the Regulatory Codes shown below were amended with effect from today 1 September 2016. These codes set out the principles and detailed requirements that must be complied with in the conduct of financial services business. Each Code is issued and maintained using powers provided by legislation. Code of Practice for Fund […]