The JFSC has recently published Consultation Paper No. 6 2017, Amendments to Codes of Practice. You can find the link to the document HERE

The JFSC consultation paper on proposals to provide additional guidance on the application of AML/CFT requirements to funds and fund operators, together with a draft of the proposed new section 14 of the Handbook. The proposed new section does not amend any existing statutory obligations for funds or fund operators, and also provides practical guidance […]

JFSC Consultation Paper No. 7 2016 Class O Financial Service Business – Consultation on Consequential Provisions to the Proposed Rewording of the Class O Definition In July 2012 the JFSC published the Original CP to seek views on proposed changes to legislation under which Industry is regulated. One of the proposed amendments comprised a change […]

On 15 December 2015, the Jersey Financial Services Commission (Commission) published Consultation Paper No.12 2015 which proposes amendments to the Codes of Practice (Codes) with the following three key changes proposed: Notification requirements are to be made clear and unambiguous: The Codes will be amended to explicitly state that all required notifications must be provided […]

The JFSC has today [16/12/2015] issued a consultation paper seeking views on proposals to amend the Codes of Practice to: ensure that all notification requirements are clear and unambiguous; update regulatory requirements on the handling of consumer complaints following the establishment of the Channel Islands Financial Ombudsman; make minor updating and consequential changes.  The paper […]

The Jersey Financial Services Commission has today 12th Oct 2015 published Consultation Paper No 9 2015: Electronic CDD, which proposes the provision of additional guidance on the application of customer due diligence measures in the Handbooks for the Prevention and Detection of Money Laundering and the Financing of Terrorism for: Financial Services Business Regulated under […]

The Commission has today published the following JFSC Consultation Paper: Miscellaneous Amendments to Regulatory Legislation The paper can be downloaded from our website at http://bit.ly/1yRvd6o