Jersey Financial Services Commission

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 reputation and integrity of Jersey in commercial and financial matters;
safeguarding the best economic interests of Jersey; and
countering financial crime both in Jersey and elsewhere.

In support of our key purpose, the Commission aims to:

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