ON the 19th July the JFSC issues a Press Release as follows The Jersey Financial Services Commission (JFSC) welcomes the recommendation that the European Securities and Markets Authority (ESMA) has today made to the European Parliament, Council and Commission, that Jersey should be amongst those ‘third countries’ granted an AIFMD passport. The JFSC has fully […]

1. The Jersey Financial Services Commission (JFSC) has today (29 June 2016) set out its approach to risk-based supervision. The JFSC is committed to enhancing its risk-based approach to supervision. A number of changes have been introduced in this respect and today sees the publication of the JFSC Risk Overview, which sets out the key […]

The Jersey Financial Services Commission (JFSC) has today issued a warning regarding non-regulated investments, part of its statutory duty in seeking to reduce the risk of financial loss to the investing public. In the current prolonged low interest rate environment, consumers with money to invest can be tempted by products which appear to offer a […]

The JFSC has issued an Updated Public Statement in reference to Miss McClafferty http://www.jerseyfsc.org/pdf/Updated-Public-Statement-20160526-Julie-Elizabeth-McClafferty.pdf

The JFSC have announced several of the Codes of Practice currently in force will be superseded by amended versions on 1 September 2016. Some of the main changes are to introduce the Ombudsman’s Office re complaints. There is a change in references to working days being to business days. Also that notifications to the JFSC […]

FSB Examination Feedback 2015 Issued 13 May 2016 Introduction This paper sets out the summary findings from the Jersey Financial Services Commission’s (“the Commission’s”) programme of on-site examinations conducted during the calendar year 2015. The purpose, objective and process of the programme remain unchanged. For further details, please see the 2014 Summary Findings Document published at the address below. […]

The JFSC have now published the MoneyVal report on its website. View the report below MONEYVAL_Council_of_Europe_Executive_Summary_2015_Jersey View the JFSC evaluation below http://bit.ly/1RpFwHX

The Jersey Financial Services Commission (JFSC) issues this Press Statement in respect of the recent Royal Court Judgment dated 11 May 2016, which made a procedural ruling following proceedings in November 2015 involving SWM Limited (SWM). Whilst respecting the decision of the Royal Court, the JFSC wishes to clarify its stance in the context of […]