Structure and Function
1st July 1999 marked the first anniversary of the Jersey Financial Services Commission (the "Commission"). The Commission is responsible for regulation, supervision and development of the financial services industry on the Island.
These functions were previously undertaken by the Finance and Economics Committee of the States of Jersey, through its executive arm, the Financial Services Department.
The Commission is a statutory body corporate, established under Article 2 of the Financial Services Commission (Jersey) Law 1998. The governing body comprises a board of 7 Commissioners under a chairman, including practitioners from within the finance industry, industry users and representatives of the public interest.