• HOME
• CONTACT US
• CAREERS
• NEWS

• Home
• About Jersey
• About STM Fiduciaire
• Trustee Services
• Company Services
• Newsroom and Publications
• Quality and Regulation
• Quality risk management strategy
• Quality Regulation
• Jersey's Financial Services Commission
• A widely-endorsed regulatory regime
• Regulatory Licensing
• Data Protection
• STM Fiduciaire's licensed entities
• Client Due Diligence
• Anti-Money Laundering
• Accessibility
• Privacy Policy
• Careers
• Contact Us
• Your Comments
• Search
• Sitemap
• My Account
• Website Terms Of Use

	Print This Page
	Last Updated:2/5/2012

Jersey's Financial Services Commission

The financial services industry in Jersey is regulated and supervised by the Jersey Financial Services Commission  (JFSC), which is a statutory body corporate, responsible to the States of Jersey, the island’s legislature.

There are ten Commissioners and they include practitioners from within the finance industry, users of the industry and representatives of the public interest.

Operationally, the JFSC is organised by industry groups, with separate divisions covering insurance, banking, funds, investment business, trust companies and money service businesses. 

These are supported by a dedicated enforcement function whose role is to detect and take action against firms conducting unlicensed financial services activities.

The Commission’s key purpose is to maintain Jersey’s position as an international finance centre with high regulatory standards by:

• reducing risk to the public of financial loss due to dishonesty, incompetence, malpractice or the financial unsoundness of financial service providers
• protecting and enhancing the Island’s reputation and integrity in commercial and financial matters
• safeguarding the Island’s best economic interests
• countering financial crime both in Jersey and elsewhere.
  

• ensure that all entities we authorise meet fit and proper criteria
• ensure that all entities we regulate are operating within accepted standards of good regulatory practice
• match international standards in respect of banking, securities, trust company business, insurance regulation, and anti-money laundering and terrorist financing defences
• identify and deter abuses and breaches of regulatory standards
• ensure the Commission operates effectively and efficiently and is properly accountable to the Minister for Economic Development.