The Jersey Financial Services Commission has yesterday published a consultation paper on whether to introduce an EU equivalent regime in Jersey.

The implementation of such a regime in Jersey would affect many investment businesses, banks, trust companies and fund administrators.  It would cover anyone involved in dealing with or advising on certain financial instruments or or portfolio management, for commercial gain.

For a copy of the consultation paper, please click here.  To check whether you are affected, please see paragraph 1.4 of the paper.

The Jersey Financial Services Commission is inviting comments from interested parties on the proposals ahead of likely implementation in 2017.