Contact

Simon Gould

Simon Gould

Partner | Jersey

Mathew Cook

Mathew Cook

Partner | Jersey

Sarah Huelin

Sarah Huelin

Partner | Jersey

Carla Benest

Carla Benest

Partner | Jersey

Laura Dauny

Laura Dauny

Governance Services | Jersey

Fiona Magee

Fiona Magee

Governance Services | London

Update

FinReg Autumn Update 2017 - Jersey

18 December 2017

Welcome to our Autumn 2017 update.

The key driver behind much of the content in this edition is, familiarly, the need for Jersey to remain on top of, and often ahead of, international standards.

In particular, our spotlight article covers the current consultation paper on Data for Risk Based Supervision and the interplay between that and the National Risk Assessment. It is clear that this move to greater scrutiny of and reporting by businesses appears inevitable, but the questions concerning practical implementation of these new provisions are significant.

We also cover a number of recent or upcoming topics which are no doubt keeping everyone busy, including the forthcoming new data protection law based on the General Data Protection Regulation and the UK Criminal Finances Act, which requires policies to avoid involvement in the facilitation of tax evasion to be in place.

Important consultations and feedback papers have also been issued to cover cyber-security, amendments to the Codes of Practice, civil confiscation of assets and due diligence requirements.

We also touch on a couple of recent cases, which highlight practical considerations for businesses in contentious situations.

 

Find previous FinReg Updates here.

Contact

Simon Gould

Simon Gould

Partner | Jersey

Mathew Cook

Mathew Cook

Partner | Jersey

Sarah Huelin

Sarah Huelin

Partner | Jersey

Carla Benest

Carla Benest

Partner | Jersey

Laura Dauny

Laura Dauny

Governance Services | Jersey

Fiona Magee

Fiona Magee

Governance Services | London

About Mourant

Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.

Scroll To Top