{{Short description|Regulatory body in Jersey}} {{Infobox government agency | name = Jersey Financial Services Commission | logo = Jersey Financial Services Commission logo.png | logo_width = 150px | headquarters = 14-18 Castle Street, St Helier, Jersey<ref>{{cite web|url=https://www.jerseyfsc.org/about-us/contact-us/|title=JFSC - Contact Us|access-date=2019-09-19|website=Jersey Financial Services Commission}}</ref> | jurisdiction = Jersey | chief1_name = Mark Hoban | chief1_position = Chair | chief2_name = Jill Britton | chief2_position = Director General | budget = £17 million (2018)<ref name="2018_annual_report">{{cite web|url=https://www.jerseyfsc.org/media/1294/2018-jfsc-annual-report.pdf|title= Jersey Financial Services Commission Annual Report 2018|year=2019|access-date=2019-09-19|website=Jersey Financial Services Commission}}</ref> | employees = 140 (2018)<ref name="2018_annual_report" /> | website = {{url|jerseyfsc.org}} | coordinates = {{coord|49.1847|-2.1109|type:landmark_region:JE|display=inline,title}} }}
The '''Jersey Financial Services Commission''' ('''JFSC''') is the regulatory body for financial services in Jersey. It is also the Registrar of Companies for Jersey.<ref name="jfsc_registry">{{Cite web|url=https://www.jerseyfsc.org/registry/|title=Jersey Financial Services Commission - Registry |website=Jersey Financial Services Commission|access-date=2020-07-01}}</ref>
== History == The JFSC was set up as an independent body by law in 1998.<ref name="original_law">{{Cite web|url=https://www.jerseylaw.je/laws/enacted/Pages/L-11-1998.aspx|title=Financial Services Commission (Jersey) Law 1998 (original version)|website=Jersey Legal Information Board|access-date=2019-09-19}}</ref> Its responsibilities include the regulation of the banking and finance sectors, the registration of companies in Jersey, and "promoting the Island as a centre for financial services".<ref name="original_law" /> The law was later amended to remove the latter mission.<ref name="revised_law">{{Cite web|url=https://www.jerseylaw.je/laws/current/l_11_1998|title=Financial Services Commission (Jersey) Law 1998 (revised version)|website=Jersey Legal Information Board|access-date=2019-09-19}}</ref><ref name="jfsc_retrospective">{{cite web|url=https://www.jerseyfsc.org/media/2133/prs-20th-anniversary-presentation-slides-june-2018.pdf|title=Jersey Financial Services Commission. 20th anniversary seminar|year=2018|access-date=2019-09-19|website=Jersey Financial Services Commission}}</ref> Since then, the commission has been responsible for the implementation of the gradually tighter regulation of the offshore financial activity in Jersey, under international pressure against money laundering and tax avoidance.<ref name="jfsc_retrospective" /><ref>{{Cite web|url=https://www.gov.uk/government/publications/prime-ministers-letter-on-beneficial-ownership|title=Prime Minister's letter on beneficial ownership|last=Cameron|first=David|author-link=David Cameron|date=2014-04-25|website=GOV.UK|language=en|access-date=2019-09-19}}</ref><ref>{{cite journal|url=https://www.jerseylaw.je/publications/jglr/Pages/JLR1702_Noseda.aspx#_ftn29|title=Too much information: when the UK gets it wrong|first=Filippo|last=Noseda|journal=Jersey and Guernsey Law Review|via=Jersey Legal Information Board|year=2017|volume=2017|issue=2|issn=1366-9354|access-date=2019-09-19 }}</ref>
alt=glass and concrete entrance of the JFSC headquarters|thumb|Headquarters of the JFSC
== Leadership == Following the appointment of former Director General Martin Moloney as Secretary General of IOSCO,<ref>{{Cite web |date=2021-07-01 |title=IOSCO Names New Secretary General |url=https://www.lexology.com/library/detail.aspx?g=4be22ca1-29c8-458e-be29-e3f6aa4a0d5b |access-date=2022-11-19 |website=Lexology |language=en}}</ref> Jill Britton was appointed the Commission's Director General in 2021, the first woman to hold the role.<ref>{{Cite web |title=Jill Britton has been appointed as new Director General |url=https://www.jerseyfsc.org/news-and-events/jill-britton-has-been-appointed-as-new-director-general/ |access-date=2022-11-19 |website=Jersey Financial Services Commission |language=en}}</ref>
Mark Hoban became Chair of the Commission in April 2020,<ref>{{Cite web |title=JFSC appoints two new commissioners |url=https://www.jerseyfsc.org/news-and-events/jfsc-appoints-two-new-commissioners/ |access-date=2022-11-19 |website=Jersey Financial Services Commission}}</ref> succeeding John Eatwell.
==See also== * List of financial supervisory authorities by country
== References == {{reflist}}
== External links ==
* {{official website}} * [https://www.jerseyfsc.org/registry/ Company registry]
{{authority control}}
{{Jersey topics}}
{{Law-enforcement-stub}}
Category:Organisations based in Jersey Category:Government agencies established in 1998 Category:Financial services in Jersey Category:Economy of Jersey Category:Financial regulatory authorities Category:Financial regulatory authorities of Jersey