Central Authorisations frequently asked questions (FAQs)

These FAQs provide clear answers to the questions our Central Authorisations team receive most often. We’ll add new questions as themes emerge.

1. What should I do if I’m unsure whether a client needs to register with the Jersey Financial Services Commission (JFSC)?

We’re happy to discuss all aspects of the application process with you. This includes pre application meetings to review your proposed activities and any legislation that may be relevant, as well as meetings during the application itself to discuss requirements, timelines and any case specific considerations.

We’re available to meet in person or remotely, depending on what you prefer. You can also call our team on 01534 822020.

We still encourage you to obtain independent Jersey legal advice to make sure any client specific structures are assessed correctly.

2. Why does selecting ‘other’ on the Schedule 2 Revocation Form on myJFSC take longer to process?

Selecting 'other' requires additional review to understand the rationale, which can extend processing times.

We’ve seen some cases where ‘other’ is selected even though another category accurately reflects the situation. Choosing the most suitable category helps us process your request more quickly.

If you have feedback on the categories or the form, please tell us. It helps us consider future improvements.

3. Where can I find certificates, licenses, and invoices that are listed as 'available on myJFSC'?

All documents linked to a form appear in the same area of myJFSC. After you select the relevant entity, you’ll see the following links:

Certificates can be found under ‘documents’. For example, if you select the anti-money laundering service provider (AMLSP) or Designated Service Provider entity, you’ll find all certificates and invoices for your underlying Schedule 2 clients in their respective ‘documents’ and ‘invoices’ folders.

If you cannot find a document, email our Central Authorisations team.

4. I want to update details for a Schedule 2 certificate holder. How do I do this?

Most Schedule 2 and AMLSP updates must be emailed to the Central Authorisations team. AMLSP workbooks are no longer accepted.

Principal Persons

For firms with or without an AMLSP, please email the notification of change form to the Central Authorisations team. Make sure you include dates of birth and addresses.

Changes to Key Persons:

If an AMLSP is appointed:

• incoming key person roles should be submitted through the AMLSP Key Person form
• for key persons ceasing their role, email the Central Authorisations team

If no AMLSP is appointed:

• use the notification of change form for both new and ceasing key persons
• email the completed form to the Regulatory Maintenance Team

Name changes

For firms with or without an AMLSP, notify the Central Authorisations team by email.

A fee applies for issuing a revised certificate, and the amount differs depending on whether an AMLSP is appointed or the underlying activities of the entity.

You can view the current fees in our 2026 fees notice.

Additional activities

Instead of submitting a new application form (either Schedule 2 Direct or AMLSP), please email the Central Authorisations team with:

• details of the additional activities
• the reason for the change
• any related personnel changes
• confirmation that your policies, procedures and business risk assessment have been reviewed or updated

There is no fee for an additional activity application.

5. How can I ensure a smoother process when filing a JPF Change of Designated Service Provider (DSP) form?

To help us process a change of DSP efficiency:

• submit the form two weeks before the transfer date, when possible
• confirm whether any other roles will also transfer to the incoming DSP, such as:
  • fund administrator
  • custodian
  • any other connected service roles

6. When should I submit a myProfile application? The myProfile section mentions a six-week timeline. Does this always apply?

The six week timeframe applies only to people completing a myProfile application for the first time.

We have recently introduced an automated myProfile review. This means that individuals who have already been assessed may have their applications processed straight through, significantly reducing timelines.

Recommendation

If your entity application requires connected myProfile submissions, submit the myProfile applications at least two weeks before the entity application. This helps ensure smoother processing.

For help completing a portal application, visit the ‘help’ section of myProfile.

You can also see our guidance on how to make your application efficient for quick approval.

New requirements

New criminal background check requirements take effect from 31 May 2026.

We will publish separate guidance to support this.

7. I want to revoke a Jersey Private Fund, but the fund also has an alternative investment fund and a Schedule 2 registration. What is the process?

Submit the Jersey Private Fund (JPF) revocation first.

If the Alternative Investment Fund (AIF) also needs to be revoked, include this in the same submission, in the free-text box or by uploading the relevant documents.

If the Fund is to continue but needs a revised consent as anything other than a Fund, review which special purpose vehicle (SPV) forms may be necessary. Email both the Central Authorisations and SPV teams to ensure a smooth transition process.

Once the JPF revocation has been approved, you can request the Schedule 2 revocation through the AMLSP form (if an AMLSP is appointed) or by emailing authorisations@jerseyfsc.org if no AMLSP is appointed.

8. We want to submit a form for an existing entity, but it isn’t appearing in the dropdown list. What should we do?

Email the Central Authorisations team, and we can look into the issue for you. For any myProfile issues, we recommend including screenshots of the issues. This helps us understand the problem quickly and provide the best support.