Thursday 23rd January 2025
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Comsure operates in:the UK, Jersey, Guernsey


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Jersey funds and managers an AIFMD Passport- Positive news for Jersey as ESMA recommends granting

ON the 19th July the JFSC issues a Press Release as follows The Jersey Financial Services Commission (JFSC) welcomes the recommendation that the European Securities and Markets Authority (ESMA) has today made to the European Parliament, Council and Commission, that Jersey should be amongst those ‘third countries’ granted an AIFMD passport. The JFSC has fully […]

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Tribunal opens on three million euro trust pay-out – Originally posted 12 January 2016

A MAN who claims he was made the scapegoat for a botched three-million-euro transaction carried out by an Island trust company appeared before the Jersey Employment and Discrimination Tribunal yesterday. Benedict Hampton was dismissed as a senior manager at STM Fiduciaire for gross mis-conduct after a trust was terminated in 2012 and its assets were […]

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Jersey and the Insurance Act 2015 / GIMB Codes

Jersey and The Insurance Act 2015: practical changes for insurers to consider. The 2015 Insurance Act (2015 Act) applies to all commercial contracts of insurance, and variations to existing contracts of insurance, from 12 August 2016 and introduces what the UK government has described as “the biggest reform to insurance contract law in more than […]

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JFSC issues warning re non-regulated investments

The Jersey Financial Services Commission (JFSC) has today issued a warning regarding non-regulated investments, part of its statutory duty in seeking to reduce the risk of financial loss to the investing public. In the current prolonged low interest rate environment, consumers with money to invest can be tempted by products which appear to offer a […]

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Jersey virtual currency + Proceeds of crime (Miscellaneous Amendments) (Jersey) Regulations 2016

The Following Has Been Published ON 15th June 2016 – Coming into force in accordance with Regulation 5 – THE JERSEY STATES, have made the following Regulations – in pursuance of Articles 1(9), 36(2) and 42A of the Proceeds of Crime (Jersey) Law 1999[1] and Articles 1(2), 11(4) and 44 of the Proceeds of Crime […]

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New Financial Ombudsman releases report and complaint numbers

  New Financial Ombudsman releases report and complaint numbers  The independent Channel Islands Financial Ombudsman (CIFO) today released its annual report and accounts for 2015 – following their presentation to the Jersey States Assembly and their publication by the Greffier in Guernsey for consideration at a future meeting of the States of Deliberation – as […]

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JFSC issues updated public statement on Miss McClafferty

The JFSC has issued an Updated Public Statement in reference to Miss McClafferty http://www.jerseyfsc.org/pdf/Updated-Public-Statement-20160526-Julie-Elizabeth-McClafferty.pdf

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Mossack Fonseca to close offices in Jersey, Gibraltar and Isle of Man

The law firm at the heart of the Panama Papers revelations has decided to close its offices in the British-dependent territories of Jersey, Isle of Man and Gibraltar. Mossack Fonseca “will be ceasing operations” in those territories, “but we will continue serving all of our clients”, it said. “This decision has been taken with great […]

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