JFSC Annual Report 2019 published
20/07/2020
For the JFSC, 2019 was a year of prioritising and planning, which is reflected in its annual report and financial statements. The report documents the regulator's performance during the year and its comprehensive review of its activities in order to plan its strategy for the next four years.
Key achievements for 2019 include:
- working with the Government of Jersey on the Island's National Risk Assessment, securing access to UK markets ahead of Brexit;
- setting up a dedicated team for fighting financial crime;
- implementing a comprehensive risk framework; and
- launching a new website.
While the JFSC made a surplus in 2019, for the next four years, the regulator is embarking on its most extensive capital programme to date. Its primary aims are to remain ahead of the financial crime threat and become an even more effective regulator.
Access the Annual Report here: JFSC Annual Report 2019 = https://www.jerseyfsc.org/publications/annual-reports/annual-report-2019
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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.