The Jersey Financial Services Commission (JFSC) has today published its Annual Report and financial statements for 2016. The Report documents how the JFSC has performed against its strategic objectives for the year, which in 2016 predominantly focused on facilitating access to international financial markets for Jersey, matching international standards, meeting legal and other requirements, and […]

The Jersey Financial Services Commission (JFSC) has today published its Annual Report and financial statements for 2016, and in section 5 of the report, they provided their key visit findings summary. This summary is repeated below:- Key Visit Findings Summary The Supervision division Undertook 25 examinations in 2016. The visits covered the whole Industry including […]

The Jersey Financial Services Commission (JFSC) has today published its Annual Report and financial statements for 2016, and in section 5 of the report, they provided their ENFORCEMENT OVERVIEW summary. This summary is repeated below:- The Enforcement division investigates cases where Registered Persons or individuals associated with them have committed or potentially committed a legal […]

According to the latest 2015 annual report from the Jersey Financial Services Commission, the JFSC Opened 76 new enforcement cases last year, compared to 93 in 2014 Issued 95 formal notices requiring information and Issued 21   notices requiring people to come in for formal interview. Issued 15 Fifteen public statements – these identified regulatory or […]

The Jersey Financial Services Commission (JFSC) has today published its Annual Report and financial statements for 2015. Some highlights include During 2015, 76 new enforcement cases were opened. Although fewer than the number of cases opened in 2014, the JFCS suggest this is dues to the complexity of cases has generally increased. As at the […]

The Jersey Financial Services Commission (JFSC) has published its Annual Report and financial statements for 2014. The Annual Report acknowledges how changes in the regulation and structure of financial markets have shaped the JFSC over the past year. During 2014 the Commission also set out on a change programme to anticipate and manage new challenges […]

THE number of new investigations conducted by the Island’s financial regulator topped 100 last year as a record high was set, according to its annual report. And the Jersey Financial Services Commission’s enforcement division also dealt with an increase in the number of more complicated and demanding cases among the 122 it delved into last […]