The Commission has prepared and issued Codes of Practice for the purpose of establishing sound principles for the conduct of financial services business. The Codes of Practice are issued and maintained using powers provided by legislation. Principle 6 to a number of the Codes of Practice establishes general and specific notifications which must be made […]

Discrimination in Jersey on the grounds of race is now unlawful. Jersey’s new Race Discrimination Law has come into force today (1 September). The legislation has a very wide ambit in that it covers paid employment but also training, voluntary work, education, provision of goods or services, letting of property, partnerships and clubs. You’ll be […]

The Discrimination (Jersey) Law 2013 comes into effect on the 1st September 2014. It is a wide ranging Law covering goods, services, access to public premises etc. as well as employment. ‘Race’ includes colour, nationality, national origins and ethnic origins. The Law prohibits race discrimination consisting of acts against: employment candidates, employees, ex-employees, partnerships, agency […]

High standards of regulation and quality of governance oversight are the key drivers behind a marked rise in the number of Foundation structures being formed in Jersey as the structure marked its fifth anniversary last month, according to Jersey Finance. Figures collated by Jersey Finance show that the number of Jersey Foundations established in the […]

Jersey has announced sanctions against Russia in line with the EU’s response to the escalating Ukraine crisis. Chief Minister, Ian Gorst, said Jersey “has a duty to act”. EU action was prompted by the downing of Malaysia Airlines flight MH17, killing all 298 people on board. A Jersey Finance brochure promoting links with Russia suggests […]

The most significant changes to the Companies (Jersey) Law 1991 for some time came into force on 1 August 2014. Following a lengthy period of consultation the amendments are to be welcomed as they help strengthen the competitiveness, flexibility and standing of Jersey companies on the international stage. You can read a summary of the […]

Jersey has brought into force restrictive measures against Russian individuals and businesses that have been identified by the European Union as responsible for actions that undermine or threaten the territorial integrity, sovereignty and independence of Ukraine. A wider EU package of sanctions against Russia has also been enforced in Jersey, including services relating to certain […]

The Jersey Financial Services Commission (the “Commission”) has issued a public statement [PS] in respect of its investigation into Horizon Trustees (Jersey) Limited (“HTJL”) and  a number of associated individuals, namely Mr Andrew Treharne, Mr Daniel Nodding and Miss Julie McClafferty, whose cases have now concluded. In this PS the JFSC also state that one investigation […]