Ten findings identified in 2022 Beneficial Ownership and Control Thematic Examinations

During the fourth quarter of 2022, we undertook a Thematic Examination to assess the compliance of supervised persons with Beneficial Ownership and Control (BOC) regulatory obligations.

Ten supervised persons were assessed, and ten findings were identified. Four supervised persons had no findings identified during their respective examinations.  

Our Feedback provides more detail on our findings and sets out relevant examples of good practice:

Thematic examination programme 2022 feedback Beneficial Ownership and Control

All supervised persons should review this feedback and consider what enhancements to their systems and controls might be required.

We invite you to submit any questions or feedback on the BOC thematic feedback to FSCSupervisionExaminationUnit@jerseyfsc.org by 13 September 2023.