Skip to main content
  • Home
  • About us
    • Board of Commissioners
    • Directors
    • Careers
    • Contact us
    • Data protection
    • Making a complaint
    • Our teams
      • Enforcement
      • Policy and Risk
      • Registry
      • Supervision
    • Strategic Roadmap
  • Industry
    • Codes of Practice
      • Alternative Investment Funds Code of Practice
      • Certified Funds Code of Practice
      • Deposit-taking Business Code of Practice
      • Fund Services Business Code of Practice
      • General Insurance Mediation Business Code of Practice
      • Insurance Business Code of Practice
      • Investment Business Code of Practice
      • Money Service Business Code of Practice
      • Trust Company Business Code of Practice
    • Consultations
    • Examinations
    • Fees
    • Financial crime
    • Fintech and innovation
      • Domestic collaboration and engagement
      • Fintech and innovation support
      • International collaboration and engagement
    • Forms
    • Guidance and policy
    • International-co-operation
      • Handbook on International Co-operation and Information Exchange
      • International assessments
      • Memoranda of Understanding
      • Sanctions
        • Summary of publications related to Russia and Belarus sanctions
    • Legislation
    • Regulated entities
    • Risk
      • Cyber-security
      • National Risk Assessments
      • Risk-based supervision
      • Supervisory risk data collection exercise
    • Sectors
      • Accountants estate agents lawyers and other businesses
      • Auditors
      • Banking
      • Funds
      • General Insurance Mediation Business
      • Insurance
      • Investment Business
      • Money Service Business
      • Trust Company Business
  • News and events
    • Events and webinars
    • Industry updates
    • News
    • Public statements and warnings
    • RSS feeds
    • Speeches
    • Subscribe
  • Protecting the public
    • Financial education
    • Fraud prevention
    • Investment mis-selling
    • World Investor Week
  • Publications
    • Annual reports
    • Business plans
    • Presentations
  • Registry
    • Annual confirmation
    • Beneficial ownership information
    • Register or make a change
    • Registry fees
    • Registry forms
    • Registry legislation
    • Registry notices
      • Public notices
  • Whistleblowing
  • Login
Jersey Financial Services Commission Jersey Financial Services Commission
  • About us
  • Industry
  • Registry
  • Protecting the public
  • News and events
  • Login

Popular searches

  • Annual report 2020
  • Annual returns
  • Annual confirmation statement
  • Business Plan 2022
  • Compliance monitoring
  • Guidance notes
  • myProfile
  • myRegistry
  • Outsourcing
  • Sanctions
  • Sound business practice policy

You are here

  • Home
  • About us
  • Our teams
  • Supervision
  • Subscribe
  • RSS

Supervision

At the JFSC, we operate a risk-based approach to our supervisory activities, ensuring that we deploy our resources to those business that pose the greatest potential regulatory risk to Jersey's reputation as an international finance centre.

The Supervision division's primary function is to oversee regulated businesses and individuals to ensure they meet their relevant legal and regulatory obligations.

Central Authorisations

Central Authorisations is a centralised unit for authorisation and cessation activities for all regulated businesses, products and individuals. This unit is our first line of defence in our supervisory model and works closely with all of our frontline supervisory units.

authorisations@jerseyfsc.org

Financial Crime Examination Unit

This team is a dedicated financial crime unit, focusing on anti-money laundering / countering the financing of terrorism, targeted sanctions and anti-bribery and corruption.

The team coordinates and delivers a programme of examinations, ensuring businesses are complying with statutory and regulatory requirements relating to financial crime.

FSCFCEU@jerseyfsc.org

Supervision Examination Unit

Our Supervision Examination Unit is responsible for coordinating and delivering a dedicated programme of examinations across all sectors of Jersey’s regulated community.

This team’s primary focus is to conduct a programme of thematic examinations and examinations in response to a known or perceived risk within a particular entity.

FSCSEU@jerseyfsc.org

Relationship Managed Supervision

We have two Relationship Managed Supervision units which oversee regulated businesses considered to present the greatest risk to the JFSC’s guiding principles. One team supervises banking and fund services business and the other oversees trust company business, investment business and insurance.

Supervisors in these units remain sector-focused, ensuring we retain specialist knowledge. They manage a portfolio of businesses on either a proactive or enhanced basis which involves increasing face-to-face activities and regular dialogue, through onsite examinations, outreach and annual review meetings.

Regulated Businesses supervised by the Relationship Managed units will have dedicated supervisors allocated to the supervision of their business and there is no central email address for this team. Should a supervisor be absent from the office, we have arrangements in place for dealing with correspondence in their absence.

Pooled Supervision

Our Pooled Supervision team supervises businesses that are considered to present a lower potential risk. A number of these are designated non-financial businesses and professionals such as lawyers, accountants and estate agents.

While these businesses pose a lower potential risk, they are not necessarily low risk. Our strategy for supervising these businesses is built on thematic examinations, entity risk examinations (where the specific risk is above our own risk tolerance) and outreach to industry.

pooledsupervision@jerseyfsc.org

Regulatory Maintenance

Regulatory Maintenance provides support to industry and our other Supervision teams for day-to-day activities, easing the administrative burden for supervisors so they can focus their efforts on where the greatest risks lie.

regulatorymaintenance@jerseyfsc.org

  • Our teams
  • Enforcement
  • Policy and Risk
  • Registry
  • Supervision
  • Accessibility
  • Careers
  • Contact us
  • Press office
  • Privacy policy
  • Subscribe
  • Whistleblowing
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
Back to top
© 2022 Jersey Financial Services Commission

This website uses cookies to analyse our traffic. To find out more read our cookie policy.