Our Strategic Roadmap
Download a full copy of our Strategic Roadmap 2020-2023.
Due to recent government guidelines, our teams are working from home. Contact us via email or use our contact us form.
In the face of dynamic risks to businesses in Jersey, the Jersey Financial Services Commission (JFSC) must strive to make the most efficient and effective use of its resources. To achieve this, we need a robust operating model that enables us to allocate our finite resources responsively, as risks change, and we must continually assess how effective we are.
This four-year strategic roadmap explains how we intend to build our capacity to do this.
It is a break from our past one-year business plans delivered on a rolling basis. We will continue to publish a business plan each year, which will give more detail about how we are implementing our strategic priorities and our other targets for the year ahead.
We will also keep our roadmap under review to ensure we are still going down the best path as the international financial sector evolves. We will continue to engage with Government, Industry and the wider community to inform our reflection on the best way forward.
Our strategic roadmap is ambitious so it is important that the individuals and businesses we engage with have clarity on our focus – including the hard choices we have made in designing our approach. To communicate this clarity we have developed three key strategic priorities:
Build even more effective supervision |
Embed risk-focused choices throughout our work |
Strengthen our organisational resilience |
Championing the need for Jersey to stay ahead of the financial crime threat |
Increasingly data rich assessments of regulatory risk |
Enhanced yet protected digital connectivity with Industry and data management |
Moving from a fixed supervisory engagement model to more dynamic approaches |
Considered allocation of supervisory resources to the areas of greatest risk |
Sustainable fee structures |
Focusing our enforcement work to have the most positive impact |
Constantly evolving risk system |
People strategy which supports a strong team of skilled and expert staff |