Jersey Finance has welcomed the announcement by the Jersey Financial Services Commission (JFSC) of the recruitment of three new, senior level appointments.

Geoff Cook, CEO Jersey Finance Limited, commented:

‘The announcement that the JFSC has recruited three immensely experienced regulators to the executive group, alongside a refining of its organisational structure, is most welcome.  The additional resource at a senior level and the revised structure will be helpful to the industry when seeking regulatory approval for various entity licences and fund products.

Furthermore, with increasing amounts of international business attracted to our shores and at a time when regulatory matters play such an important role in global financial services, the calibre of the hires is impressive and can only reinforce the capabilities of the Commission and highlight Jersey’s evident commitment to providing consistently high standards of regulatory oversight.’