Mossack Fonseca on Jersey’s Change Programme: Effects on Firms & Entities

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.