JFSC quarterly update – Q2 2026
To support your planning, we are now publishing quarterly updates which look ahead to important upcoming publications and updates, including consultations and feedback, examinations, data collections, and legislative and policy updates.
Mid-year update
| Event | Overview | Key dates |
| 2026 mid-year update | We will be hosting an event in June, to give you all our key updates. | 23 June 2026 |
Consultations and feedback
| Publication |
Overview |
Key dates |
| Consultation on phase 1 updates to our bank licensing policy | Consultation on proposed updates to our bank licensing policy to support growth in Jersey’s financial services industry, while maintaining high regulatory standards. | Consultation closes 12 June 2026 |
| Consultation on amendments to the JFSC’s civil financial penalty methodology for registered persons | Consultation on proposed amendments to our methodology for determining the amount of a civil financial penalty imposed on a registered person. | Consultation closes 23 April 2026 |
| Feedback statement on our consultation on Schedule 2: proposed amendments to the Article 36 guidelines |
We will be providing an update, including key themes, on our Schedule 2 consultation, before our full feedback is published. |
Feedback statement to be published Q2 2026 |
| Feedback on our consultation on the Basel III Prudential Roadmap: large exposures and general matters |
Feedback on our consultation on latest proposals relating to Basel III implementation. |
Feedback to be published Q2 2026 |
| Consultation on reliance framework |
Follow-on consultation following the feedback from the Government of Jersey’s Reform of Jersey’s Reliance Framework consultation. |
Consultation to open Q2/Q3 2026 |
| Consultation on the Money Laundering Compliance Officer role |
Follow-on consultation following the feedback from the Government of Jersey’s Money Laundering Compliance Officer role amendments consultation. |
Consultation to open Q2/Q3 2026 |
Examinations
| Publication | Overview | Key dates |
|
Trust company services provider and financial services business sector feedback |
We have completed prudential reviews of trust company services providers and financial services businesses, and will be issuing feedback. |
Feedback to be published Q2 2026 |
|
2025 financial crime examination feedback |
Our key findings from the financial crime examinations conducted in 2025. |
To be published Q2 2026 |
Read more about our 2026 examination themes.
Other regulatory and legislative updates
| Area | Overview | Key dates |
|
Control of Borrowing Order |
A set of Control of Borrowing Order reforms have been proposed. |
Implementation April 2026 |
|
We have begun our 2025 supervision risk data collection. |
Submission deadline 30 April 2026 |
|
|
AIFMDII |
We will now move forward with publishing our amended EU-focused code ahead of EU AIFMD II’s effective date on Thursday 16 April. |
Implementation 16 April 2026 |
|
Complex structures guidance update |
We have updated sections 4.8, 7.8, and 10.6 of the AML/CFT/CPF Handbook to provide clearer, more practical guidance on complex structures and enhanced criminal background checks. |
Implementation 31 May 2026 |
|
Criminal background checks guidance update |
Codes in Sections 10, 11 and 15 of the enhanced Handbook will come into effect |
Implementation 31 May 2026 |