The Jersey Financial Services Commission (the “Commission”) has issued a Consultation Paper on draft primary legislation to provide it with the power to impose civil financial penalties on regulated businesses that contravene regulatory requirements set by Commission Codes of Practice.

The Consultation Paper, including the draft amending legislation, can be viewed on the Commission’s website by clicking here. http://bit.ly/1kG5RFV

Responses to the consultation are requested by Monday 11 August 2014.