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Jersey Government - Consultation on Changes to the wire transfers regulations

24/04/2023

Jersey governments consultation seeks views on proposed changes to the EU Legislation (Information Accompanying Transfers of Funds) (Jersey) Regulations 2017:

The proposed changes include the following:

  • Virtual Asset Service Providers being added as payment service providers under the Wire Transfer Regulations
  • Money or Value Transfer Services being added as a payment service provider under the Wire Transfer Regulations
  • Provide an exemption from the obligations of the Wire Transfer Regulations regarding below de minimis transfers of virtual assets, subject to certain conditions being met

Read the Jersey governments consultation

Consultation regarding amendments to the EU Legislation (Information Accompanying Transfers of Funds) (Jersey) Regulations 2017

https://www.gov.je/SiteCollectionDocuments/Government and administration/Consultation regarding amendments to the EU Legislation.pdf

Read the draft laws and explanation

Draft EU Legislation (Information Accompanying Transfers of Funds) (Amendment) (Jersey) Regulations 202-

https://www.gov.je/SiteCollectionDocuments/Government and administration/Draft EU Legislation (Information Accompanying Transfers of Funds) (Amendment) (Jersey) Regulations 202-.pdf

Draft EU Legislation (Information Accompanying Transfers of Funds) (Amendment) (Jersey) Regulations 202- Explanatory Note

https://www.gov.je/SiteCollectionDocuments/Government and administration/Draft EU Legislation (Information Accompanying Transfers of Funds) (Amendment) (Jersey) Regulations 202- Explanatory Note.pdf

Source

https://www.gov.je/government/consultations/pages/changestothewiretransfersregulations.aspx

JERSEY EU

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