New launch dates for new regulatory and registry services

Following feedback from local companies and members of the finance industry, we are pushing back the launch dates for our new regulatory and registry customer accounts, myProfile and myRegistry. This is to give all users more time to prepare for the upgrades to our services.

The Government of Jersey has also moved the date on which the new Registry Law will come into effect. This will now be 6 January 2021 so our new digital Registry will go live on the same date.

myProfile

myProfile, the new system which will replace our existing portal for personal questionnaires (PQ), is now launching on 30 November, two weeks later than originally scheduled.

We have been in correspondence with Industry and Jersey Finance for the last few weeks, who have asked us for more time to get ready for the move to this new service.

From the end of this month, key and principal persons will be able to apply for a no objection through myProfile. Then next year, we will add additional services for updating personal information, including ceasing to act.

To facilitate the transition to myProfile, we recently contacted all existing users of the PQ portal to ask them to provide us with a personal email address. So that Industry has more time to prepare, we are extending the deadline for registering a personal email address to Wednesday 18 November.

If you do not provide us with your personal email address then you will have to re-enter your information again on the new system. To avoid having to do this, please change to a personal email address by the new deadline.

You can find guidance on how to make this change on our website. If you have any concerns about this new deadline or any queries on how to change your email address, please contact RegulatoryMaintenance@jerseyfsc.org

In the coming weeks, we will provide further updates on myProfile to help Industry prepare for the new service, which is designed to make it simpler and more efficient for users to update their personal information and is the first phase in the overall upgrade of myJFSC.

myRegistry

We and the Government of Jersey have listened to feedback from local companies and industry, who have asked for more time to prepare for the transition to the new digital Registry.

The Government of Jersey has proposed a change to the existing appointed day for the Financial Services (Disclosure and Provision of Information) (Jersey) Law 2020 (Registry law). This will now come into effect on 6 January 2021. As a result, the launch of our new digital Registry, myRegistry, will also move to 6 January 2021.

One of the changes that we are introducing next year with myRegistry is the annual confirmation statement, which will replace the annual return. To give companies more time to adapt to this new process, we are extending the due date for the confirmation statement from 28 February to 30 April 2021.

We will be providing further updates between now and 6 January 2021 on the changes we are making and how they will affect our Registry customers.

For any queries relating to the new digital Registry, contact RegistryProgramme@jerseyfsc.org