The Mossack Fonseca Group is a leading international corporation which provides comprehensive legal, trust, technological and accounting services. With over 500 staff members in all continents, Mossack Fonseca provides personalized advice based on more than 36 years of experience in the market. They also offer world-class service through their exclusive online services which are available 24 hours a day.
On November 23, 2015, the Jersey Financial Services Commission (JFSC) released a white paper that outlines the way it will regulate firms in the future and how entities will interact with them going forward.
The JFSC’s Change Programme is their response to the rapid growth of global regulation, volatile financial markets, and increased competition from other financial centres, and the potential rewards for timely and effective innovation.
The JFSC’s stated objective is: “to deliver balanced, progressive, risk-based financial regulation for Jersey, built on insight, integrity and expertise”. They are targeting five areas in order to achieve their goals:
The JFSC indicated that additional announcements will be made as the Change Programme is phased in over the coming months.
For details, please visit the JFSC website at: Jersey's Change Programme