The Jersey Financial Services Commission (JFSC) has announced two new senior appointments within its Policy division. Mike Jones is now Director of Policy, and a member of the Commission’s Executive Board, while David Porter assumes the role of Head of Unit, reporting to Mike. Both have been with the JFSC for a number of years […]
Read MoreJersey’s Financial Regulator Discusses Tax Perception
John Harris, on bank de-risking to fighting the perception of being a tax haven. John Harris, spoke to Risk & Compliance Journal [Mar 18, 2015] on a variety of topics, from bank de-risking to fighting the perception of being a tax haven. The conversation has been edited for clarity. What is the Jersey Financial Services […]
Read MoreJohn Harris (JFSC) on life and death and super equivalence
The nature of compliance is a broad subject, which of course allows interpretation, and after a decade of being the Chief Regulator in a small but well established financial jurisdiction such as Jersey, I felt I wanted to share with you what compliance, as a concept, means to us, as a jurisdiction. In our case […]
Read MoreJohn Harris talks about stuff – from bank de-risking to fighting the perception of being a tax haven
The Jersey Financial Services Commission operates as the U.K. channel island’s financial regulator. John Harris, its director general, spoke to Risk & Compliance Journal on a variety of topics, from bank de-risking to fighting the perception of being a tax haven. The conversation has been edited for clarity. What is the Jersey Financial Services Commission’s […]
Read MoreMoneyVal Jersey financial assessments begins
European assessors are in Jersey to ensure banks, trusts and crime units have the right systems in place to detect money laundering and financing of terrorism. Independent experts from MoneyVal are analysing whether the island’s systems are up to scratch. There are 35 banks, 150 trust companies and 500 investment funds in Jersey. The island […]
Read MoreJFSC MEMORANDUM OF UNDERSTANDING WITH THE UNITED ARAB EMIRATES SECURITIES REGULATOR
At a ceremony in Dubai on 5 May 2014, the Jersey Financial Services Commission (the “Commission”) and the Emirates Securities and Commodities Authority (the “ESCA”) signed a Memorandum of Understanding (“MoU”) that establishes a framework for mutual assistance and the exchange of regulatory information. The MoU was signed by the Director General of the Commission, […]
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