1. Introduction a. The methodology set out in this paper describes the Jersey Financial Services Commission’s (JFSC)guideline approach to the determination of the amount of a civil financial penalty to be imposed on a principal person. The circumstances of each case will be different and the JFSC will apply each step in the methodology with […]

Civil Liability for Breaches of the JFSC codes On 20 February 2015, the Financial Services Commission (Amendment No. 6) (Jersey) Law 2015 was registered (Amendment Law). The Amendment Law makes changes to the Financial Services Commission (Jersey) Law 1998 to include Provisions to enable the Jersey Financial Services Commission to impose civil financial penalties for material […]