Our investment funds team outline the latest developments within
the investment funds market in Jersey including news and updates
from the Jersey Financial Services Commission, beneficial ownership
information and the AIFMD II.
Jersey Financial Services Commission updates and news
Supervisory Risk Data Collection
The Jersey Financial Services Commission
("JFSC") launched its annual Supervisory
Risk Data Collection ("SRDC") exercise
on 5 February, the results of which are used by the JFSC to inform
its approach for risk-based supervision and its financial crime
examination process and, in aggregated form, to refresh its risk
model and national risk assessments.
While the sector-specific information sought by the exercise
remains largely the same as before, the JFSC has this year expanded
the information sought to include additional financial crime and
conduct data, and additional data relating to trust company service
providers. Businesses have also been
