Jersey GOV/JFSC - consultation on the adoption of Digital ID Systems.
Jersey GOV/JFSC have launched a joint consultation to help identify barriers to the adoption of Digital ID Systems.
They seek industry views on solutions to significantly increase the adoption of Digital ID Systems to meet CDD requirements. To determine the future direction of travel, they are seeking industry views on three options,
- Option 1: Further clarity around the existing regime.
- Option 2: Establish a Digital ID accreditation framework for Digital ID Systems/System providers.
- Option 3: Creation of a new class of business/activity within Jersey’s legislative regime whereby Digital ID System Providers become Supervised Persons and are subject to supervision by the JFSC or another regulatory body.
They are asking for feedback on this consultation by 31 August 2022. - Read more here