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Regulation of Jersey pension investment advice consultation

DepartmentEconomy
Start date03/09/2021
End date30/09/2021
Type of consultationWhite paper
Deadline for comments30/09/2021

About the consultation

The Government of Jersey is seeking to amend the Financial Services (Jersey) Law 1998 to bring within the existing regulated investment business framework those businesses who are giving investment-type advice to consumers about Jersey pension products or private employer pension arrangements.

The Government has received views from industry representatives and the Regulator ahead of the publication of this consultation, and their views have informed the drafting of the relevant amending legislation:

Draft Financial Services (Amendment of the Law No. X) (Investment Business) (Jersey) Regulations 202- 

Draft Financial Services (Amendment of Schedules to Law) (No.3)(Jersey) Order 202- (the "Draft Amendments")
Consultation on amendments under the Financial Services Commission (Jersey) Law 1998 regarding the civil financial penalties regime

The consultation paper sought views on the draft legislation.

How to submit comments to the consultation

This consultation is complete and legislation passed.

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