The powers of the Jersey Financial Services Commission to impose civil financial penalties for significant and material contraventions of the Codes of Practice have been extended by the Financial Services Commission (Amendment No.7) (Jersey) Law 2018 following the amendments to the Financial Services Commission (Financial Penalties) (Jersey) Order 2015.
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Corporate and Commercial
The Companies (Demerger) (Jersey) Regulations 2018 (the “Regulations”) came into force on 1 September 2018 and have been introduced in Jersey to facilitate alternative corporate restructuring. It completes the company law changes that commenced with the creation of a merger regime in 2011
On 1 September 2018 the new Discrimination (Disability) (Jersey) Regulations 2018 (the “Law”) came into force and businesses need to take action now to ensure that they are ready for this significant change to the law.