The Jersey Financial Services Commission (JFSC) has today published its Annual Report and financial statements for 2016, and in section 5 of the report, they provided their ENFORCEMENT OVERVIEW summary. This summary is repeated below:- The Enforcement division investigates cases where Registered Persons or individuals associated with them have committed or potentially committed a legal […]

According to the latest 2015 annual report from the Jersey Financial Services Commission, the JFSC Opened 76 new enforcement cases last year, compared to 93 in 2014 Issued 95 formal notices requiring information and Issued 21   notices requiring people to come in for formal interview. Issued 15 Fifteen public statements – these identified regulatory or […]

The following statement was issued by Blakely law: The Royal Court has issued an extremely critical judgment of the Financial Services Commission in which it says the Regulator acted unfairly. Recently we gave details of a judgment concerning a dispute between an IFA company, SWM Limited, and the JFSC.  At that time the court was […]