Financial regulation in Jersey is heavily enforcement led which means that regulated entities need to be ready to deal with enforcement action, and with financial penalties also having been introduced enforcement is likely to become more prominent in 2016. In addition, MoneyVal continues to have a significant effect with its feedback triggering some further changes […]

Well done to the Jersey Compliance Officer Association (JCOA) for a well organised event on Tuesday (26.01.2016) and well-done to John Harris for a well-polished and structured overview of where the JFSC are today and going forward…I made some notes and in summary I can report the following highlights They, the JFSC are returning to […]

Our main focus at Comsure is making sure that our clients find great value in their relationship with us and are successful. But we’ve learned that until we’ve had a chance to work together, it’s not always clear how we do that.  At Comsure, our primary goal is making sure that our clients are successful […]

Comsure’s team of highly trained professionals allows us to offer a broad range of regulatory services; we can guide you safely through regulatory challenges and compliance requirements. From authorisations and ongoing compliance arrangements, to mitigating risks such as anti-money laundering through appropriate governance, systems and controls; preparing for regulator visits or investigations; or oversight and […]

In anticipation of Comsure’s up and coming Guernsey training event “To Report Or Not To Report, That Is The Question?” on the 8th December at the  Old Government House (Time: 12.00 – 14.15 (registration 11.45 am)) CLICK HERE) the following thoughts set the scene for the matters to be discussed The workshop follows the recent […]

Firms’ CULTURE is in danger of becoming merely regulatory and “yet another catchphrase” if they fail to see beyond their systems and controls, the Financial Conduct Authority’s (FCA) new director of enforcement and market oversight (Mark Steward) has said. He went on to offer some other golden nuggets of sound observations and advise:- Good rules […]

HBME Jersey receives a slap on the wrist from the Jersey regulator unlike the punch in the gut from the US…. After a 3 year investigation the JFSC issued an 8 page Public Statement HSBC Bank Middle East Limited (“HBME” or “the Bank”) on the 3 September 2015.   This statement followed the appointment of a […]

On the 26th June STM Fiduciaire’s former employees and STM Fiduciaire win court case against the prosecution of failing to report. Comsure were in court throughout the proceedings and will be updating all its clients on the key issues. Comsure will also be posting further updates as and when our notes are typed up!!! Comsure’s […]