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JFSC Industry update – PRINCIPAL AND KEY PERSONS JFSC NOTIFICATIONS

04/03/2025

Reminder to notify the JFSC of appointment and cessation dates for principal and key persons

If you are a regulated businesses in Jersey, you have an obligation to notify the JFSC:

  • When you appoint a principal or key person
  • When that person stops working for you
  • Individuals in these roles also need to update their personal information at the start and end of their appointment on myProfile.

Appointments

  • Individuals should update their personal information with their appointment date via myProfile. https://myprofile.jerseyfsc.org/
  • Businesses should notify the JFSC Regulatory Maintenance team via email, of a principal or key person’s appointment date.

Ceasing to act

  • Individuals should update their personal information with their ceasing to act date via myProfile.
  • Businesses should notify the JFSC when an individual ceases to act as a principal or key person, by completing and submitting the notification for ceasing to act as a key / principal person within one month of the individual’s last working day in the position.
  • If the individual did not proceed with their appointment, we also need to be informed.

The JFSC Regulatory Maintenance team

  • The JFSC Regulatory Maintenance team are available to support you with any questions on these processes and navigating my Profile.
  • Contact the JFSC regulatory maintenance team. regulatorymaintenance@jerseyfsc.org

SOURCES

https://www.linkedin.com/posts/jersey-financial-services-commission_we-are-reminding-businesses-that-they-have-activity-7302342168499638273-HPMT?utm_source=share&utm_medium=member_ios&rcm=ACoAAAA_6EIB0wPAWyjQcuq_XiD3asUV8xpMeZ0

https://www.jerseyfsc.org/news-and-events/reminder-to-notify-us-of-appointment-and-cessation-dates-for-principal-and-key-persons/

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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.  

news disclaimer -

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.