14 November 2007
COMMISSION PUBLISHES CODES OF PRACTICE FOR FUND SERVICES
Following approval, by the States of Jersey, on 7 November
2007 of the Regulations that effect the transfer of regulation
of fund functionaries from the Collective Investment Funds
(Jersey) Law 1988 to the Financial Services (Jersey) Law 1998,
the Commission has today published Codes of Practice for Fund
Services Business (the “Codes”).
Consultation has taken place with Industry concerning these
Codes and the transfer of functionaries in general and Industry
has indicated its support.
The Codes consist of seven high level principles for the
conduct of fund services business, together with more detailed
requirements in relation to each principle.
The Codes are available on the Commission’s website
by clicking here.
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For further information please contact: -
Jersey Financial Services Commission
Tel: + 44 (0) 1534 822048
Fax: + 44 (0) 1534 822002