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Banking and Finance
Financial Services Ombudsman (Jersey) Law 2014
On 16 November 2015, the full powers of the Channel Islands Financial Ombudsman’s office came into effect.
Financial Services Ombudsman (Eligible Complainants) (Jersey) Order 2015
This Order was made on 21 October 2015 and came into force on 16 November 2015. It allows Charities to make complaints to the Ombudsman under the new Financial Ombudsman legislation.
Intellectual Property (Registered Rights) (Miscellaneous Provisions) (Jersey) Law 2015
On 11 November 2015, the Intellectual Property (Registered Rights) (Miscellaneous Provisions) (Jersey) Law 2015 was registered by the Royal Court on 20 November 2015 and came into force on 27 November 2015.
This new law creates amendments to the primary intellectual legislation in Jersey. Jersey does not belong to the relevant international conventions and treaties, in particular the most recent version of the Paris Convention for the Protection of Industrial Property and this amendment to the law so should in due course enable the Island to seek extension of the UK’s membership of that Convention to the Island.
Employment (Minimum Wage) (Amendment No. 9) (Jersey) Order 2015
This Order was made on 20 October 2015 and will come into force on 1 April 2016 and increases the minimum wage in Jersey.
Employment Forum recommendations
On 11 December 2015 the Employment Forum made two recommendations to be considered by the Minister for Social Security. The first recommendation was that the Employment (Jersey) Law 2003 be amended to remove the ‘two-third’ rule which currently means that individuals on a short-term contact have a right against unfair dismissal if they have already worked at least two-thirds of their contract, provided that they have worked at least 13 weeks.
The second recommendation was that with regard to itemised payslips and written terms of employment, the existing system of criminal penalties for failure to comply should be retained and that the tribunal also be given the power to award compensation for failures to provide itemised payslips and written terms of employment and where an employer refuses to permit, or prevents an employee from exercising their entitlement to, a weekly rest day.
The Employment Forum also recommends that compensation awards be up to four weeks’ pay, at the Tribunal’s discretion, and that the time limit for complaints be eight weeks.