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Jersey - Remember the NEW JFSC revised outsourcing policy [OSP] is live on 1 JAN 2024

  1. Following a six-month transitional period, the JFSC revised its outsourcing policy (Revised OSP), effective January 1st, 2024.
  2. The revised Outsourcing Notification and new Material Change to Outsourcing Notification can now be found in a PDF version under Appendix A of the final Revised OSP.
  1. In amending the Revised OSP to include the revised Outsourcing Notification and the new Material Change to Outsourcing Notification under Appendix A, the JFSC took the opportunity to make some other clarifications and enhancements to the document. You can see exactly what has been changed in this version of the Revised OSP with tracked changes.
  1. NOTE:-  there will be no notification in myJFSC before 1 January 2024.
  2. The JFSC has also provided a slide deck on the Revised OSP
  1. The slide deck provides detail on:-
    • What is ‘Outsourcing’ and the 7 Core Principles under the Revised OSP
    • Outsourced Activity that is newly caught under the Revised OSP
    • Outsourced Activity that is newly exempt under the Revised OSP
    • Other key changes
    • The revised Outsourcing Notification and the new Material Change to Outsourcing Notification


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