The Jersey Financial Services Commission (JFSC) has announced the appointment of Andrew Garbutt as Head of Supervisory Risk within its Supervision Division.   Andrew, who has worked in regulation in the UK for more than ten years, will be responsible for heading up the JFSC’s new Supervisory Risk Unit, which has been established as part of […]

An investment firm accused of losing thousands of pounds worth of clients’ money through poor advice has won the right to seek a second independent assessment of their actions. SWM Synergy are facing action by the finance regulator – which could lead to them being forced to stop trading – over advice that they gave […]

FUND SERVICES BUSINESS & COLLECTIVE INVESTMENT FUNDS ON-SITE EXAMINATION PROGRAM 2014 SUMMARY FINDINGS Introduction In 2014, the Commission also conducted a joint examination with the UK Financial Conduct Authority (“FCA”) of a local fund services provider where the Commission is the lead regulator. This was the first time that the FCA joined the Commission on […]