JFSC Feedback and further consultation on Arranging in Investment Business
13/09/2022
The JFSC have published feedback and further consultation on the JFSC proposals regarding amendments to the legislation for arranging investment business.
This is a continuation of the investment business regime enhancements outlined in the JFSC update in March 2022, where the JFSC explained how it and the Government of Jersey had prioritised and optimised the implementation process for the remaining legislative enhancements.
The JFSC has worked with the Jersey Funds Association (JFA) and their Legal and Technical Sub-Committee on the proposals. This collaboration has culminated in an agreed final draft, as set out in this Consultation Paper.
The deadline for feedback is Friday, 21 October.
Feedback and further consultation on Arranging in Investment Business
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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.