The latest Consultation Paper (No. 10, 2018) from the Jersey Financial Services Commission (“the JFSC”) has floated the proposal that regulated en...
How safe is your client money?
I couldn’t help but notice one of the more significant amendments proposed by the JFSC in Consultation Paper No. 10 (Amendments to the Codes of Prac...
Tiptoeing through tipping-off in Jersey
The Proceeds of Crime and Terrorism (Tipping Off – Exceptions) Regulations 2014 (“the Regulations”) have been in place for a while now but after...
Investing in the emerging medical marijuana market
I should start with a caveat – I’m not a lawyer and I wouldn’t dream of claiming to be able to give legal advice. But I do spend quite a lot of...
Board effectiveness reviews
Revisions to the Codes of Practice in March 2018 included a new requirement that all aspects of a registered person’s corporate governance arrangem...
Who wants to be a………. Data Protection Officer?
With only 6 months to go until the EU General Data Protection Regulation (GDPR) takes effect, both Jersey and Guernsey are working hard on implementi...
Presentation to the JCOA
Presentation to the JCOA On 6 June 2017, we spoke to members of the Jersey Compliance Officers Association on the subject of "Conflicts of In...
Conflicts of interest – the Compliance Officer has client-facing responsibilities
There are many difficulties facing anyone fulfilling the role of a key person, whether a Compliance Officer, Money Laundering Reporting Officer (“M...
Conflicts of interest – a director holds the same investment as a client
In this example, a director has invested into the same company / joint venture / property development etc as a structure under the administration of ...