Jersey Financial Services Commission
Jersey Financial Services Commission (JFSC) is a statutory body corporate, governed by a Board of Commissioners. It is responsible for the regulation, supervision and development of the financial services industry.A member of the International Organisation of Securities Commissions (IOSCO), the JFSC maintains its independence as a regulator but works closely with those in the industry, with Jersey Finance and the Government.
In 2009, Jersey received renewed independent endorsement for the quality of its regulationand legislation, the transparency of its regulatory processes and the robustness of its banking system from the International Monetary Fund (IMF), who conducted a comprehensive review.The JFSC works with the banking industry represented by the Jersey Bankers Association, and along with other trade associations, consults frequently to ensure that the regulatory framework is both robust and pragmatic.For further information regarding the Jersey Financial Services Commission and the regulation of banks in Jersey, please visit www.jerseyfsc.org .
Jersey Bankers Association
Members of the Jersey Bankers Association ("JBA")are diverse and include the British clearing banks, investment banks, private banks and a range of international banking groups. Managed banks and the trust divisions of banking organisations are also included in the membership. Through the work of its main Committee and various Sub Committees, the JBA acts as a consultative body and discussion/lobby group on a wide range of topics including regulatory matters, legal, marketing, taxation, recruitment, risk & compliance and occasionally on product matters. The JBA seeks in particular ‘To uphold the position of Jersey as an International Finance Centre’.
The JBA works closely with Jersey Finance, the JFSCand various Government Departments. It also has useful links with other professional bodies and Trade Associations. Alongside the Chartered Institute of Bankers the JBA seeks to ensure training courses and recognised qualifications are in place to underpin the infrastructure of the banking industry and to support its growth. Strong links, through an Associate Membership, are also maintained with the British Bankers Association in London. More details can be found at: www.jerseybankersassociation.com
Jersey Financial Services Commission (JFSC) is a statutory body corporate, governed by a Board of Commissioners. It is responsible for the regulation, supervision and development of the financial services industry.A member of the International Organisation of Securities Commissions (IOSCO), the JFSC maintains its independence as a regulator but works closely with those in the industry, with Jersey Finance and the Government.
In 2009, Jersey received renewed independent endorsement for the quality of its regulationand legislation, the transparency of its regulatory processes and the robustness of its banking system from the International Monetary Fund (IMF), who conducted a comprehensive review.The JFSC works with the banking industry represented by the Jersey Bankers Association, and along with other trade associations, consults frequently to ensure that the regulatory framework is both robust and pragmatic.For further information regarding the Jersey Financial Services Commission and the regulation of banks in Jersey, please visit www.jerseyfsc.org .
Jersey Bankers Association
Members of the Jersey Bankers Association ("JBA")are diverse and include the British clearing banks, investment banks, private banks and a range of international banking groups. Managed banks and the trust divisions of banking organisations are also included in the membership. Through the work of its main Committee and various Sub Committees, the JBA acts as a consultative body and discussion/lobby group on a wide range of topics including regulatory matters, legal, marketing, taxation, recruitment, risk & compliance and occasionally on product matters. The JBA seeks in particular ‘To uphold the position of Jersey as an International Finance Centre’.
The JBA works closely with Jersey Finance, the JFSCand various Government Departments. It also has useful links with other professional bodies and Trade Associations. Alongside the Chartered Institute of Bankers the JBA seeks to ensure training courses and recognised qualifications are in place to underpin the infrastructure of the banking industry and to support its growth. Strong links, through an Associate Membership, are also maintained with the British Bankers Association in London. More details can be found at: www.jerseybankersassociation.com
