JFSC Industry Guidance on remediation action plans
10/04/2023
The JFSC issued guidance on 06 April 2023 to support businesses in preparing remediation action plans in response to areas of identified non-compliance.
A remediation action plan is a result of:
- Findings from a JFSC Examination,
- A self-identified breach notification or
- Another form of review.
The purpose of the guidance is to provide practical information to be considered by businesses when planning for remediation.
In particular,
- The JFSC have detailed examples of good practice for businesses to consider when preparing a remediation action plan,
- As well as considerations for resourcing remediation and post-remediation monitoring
Guidance on remediation action plans:
https://www.jerseyfsc.org/industry/guidance-and-policy/remediation-action-plans/
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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.