Tag: Jersey Financial Services Commission

Jersey hosts four day conference and seminar in partnership with the US Securities and Exchange Commission

| June 9, 2014 | 0 Comments

For the first time, Jersey is the location for a high level conference organised jointly by the United States Securities and Exchange Commission (the “SEC”) and the Jersey Financial Services Commission (the “Commission”). The purpose of the conference is to encourage international co-operation between securities authorities in order to protect investors.  The Commission, which has […]

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Senior regulatory appointments welcomed

| May 23, 2014 | 0 Comments

Jersey Finance has welcomed the announcement by the Jersey Financial Services Commission (JFSC).of the recruitment of three new, senior level appointments. Geoff Cook, CEO Jersey Finance Limited, commented: ‘The announcement that the JFSC has recruited three immensely experienced regulators to the executive group, alongside a refining of its organisational structure, is most welcome. The additional […]

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New regulatory agreement to be signed during Gulf visit by Chief Minister

New regulatory agreement to be signed during Gulf visit by Chief Minister

| May 2, 2014 | 0 Comments

A Jersey delegation led by its Chief Minister, Senator Ian Gorst, and including the Island’s financial services regulator and senior government and industry figures, will be visiting the United Arab Emirates (UAE) from Sunday (May 4) when the latest regulatory agreement will be signed. The Jersey Financial Services Commission (JFSC) represented by Director General, John […]

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Jersey boosts China inbound and outbound investment appeal with MoU

Jersey boosts China inbound and outbound investment appeal with MoU

| April 10, 2014 | 0 Comments

Jersey’s appeal as a centre for facilitating investment into and out of China has been boosted following the signing this week of a Memorandum of Understanding (MoU) between the Jersey Financial Services Commission (JFSC) and the China Securities Regulatory Commission (CSRC), according to Jersey Finance. The MoU was signed by John Harris, Director General of […]

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Jersey responds to Ukraine situation

| March 7, 2014 | 0 Comments

In view of the continuing situation in the Ukraine, Jersey has adopted sanctions against 18 individuals which come into effect at midnight tonight (7 March). The Jersey Financial Services Commission is requesting all financial institutions and other bodies to check their records to ensure they comply. The European Council agreed to introduce restrictive measures on […]

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Further regulatory steps taken to meet AIFMD requirements welcomed by Jersey Finance

| July 15, 2013 | 0 Comments

Jersey Finance has welcomed the announcement from the Jersey Financial Services Commission (JFSC) that 25 bi-lateral agreements have been signed in respect of the Alternative Investment Fund Managers Directive (AIFMD), another key step in meeting the requirements of the Directive. Jersey’s strategy, which is to offer flexibility within its funds regime to allow continued access […]

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CISI welcomes Jersey new qualification benchmark standards for financial advisers

| March 11, 2013 | 0 Comments

The Jersey Financial Services Commission (JFSC) has mandated financial advisers working for Jersey businesses, and who advise clients who are not Professional Clients, meet specific, new qualifications requirements (at Qualification and Curriculum Authority (QCA) level 4), wherever those clients are resident. This affects all persons registered to give investment advice and individuals must be qualified […]

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Banking and funds sectors show increases reflecting a stable year for Jersey’s Finance Industry

Banking and funds sectors show increases reflecting a stable year for Jersey’s Finance Industry

| March 6, 2013 | 0 Comments

Jersey’s finance industry has reported a steady performance during 2012 with bank deposits rising in the final quarter of the year and the size of the funds administration business increasing year on year. In the final quarter of 2012, bank deposits increased by 2.3% with sterling deposits representing 36.9% and currency deposits 63.1% of the […]

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Jersey Finance welcomes JFSC proposals to clarify financial adviser standards

Jersey Finance welcomes JFSC proposals to clarify financial adviser standards

| December 6, 2012 | 0 Comments

Jersey Finance has welcomed recent proposals from the Jersey Financial Services Commission (JFSC) relating to the qualifications needed by and the remuneration of financial advisers in Jersey. The proposals are based on the results of the JFSC’s Review of Financial Advice Feedback paper and are intended to take effect from 1 January 2014, a year […]

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Response to Daily Telegraph article

| November 9, 2012 | 0 Comments

“Jersey meets the highest international standards of financial regulation, including anti-money laundering and ‘know your customer’ regulations. “The Jersey Financial Services Commission, as the regulator, is equipped with all the necessary powers and resources to ensure compliance with our very high standards. “Ministers have every confidence in the ability of the Commission to discharge these […]

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