JFSC’s Coordinated Portfolio Investment Survey (CPIS) announcement (3 February 2026) Deadline: 7 April 2026

What This Is About

The Jersey Financial Services Commission (JFSC) announced on 3 February 2026 that regulated firms must submit their annual data for the International Monetary Fund’s (IMF) Coordinated Portfolio Investment Survey (CPIS).

• [jerseyfsc.org] - https://www.jerseyfsc.org/news-and-events/international-monetary-fund-co-ordinated-portfolio-investment-survey/

The CPIS is a global statistical exercise run by the IMF to measure cross-border portfolio investment positions—that is, the market value of securities (equities, bonds, notes, etc.) that Jersey residents hold in foreign entities.

JFSC participates by collecting data from certain Jersey entities and then submitting an aggregate (island-wide) return to the IMF. Individual firm-level data remains confidential.

 Why CPIS Exists

According to the JFSC’s guidance, CPIS was introduced following the IMF's identification of global inconsistencies in cross-border investment statistics, which led to incomplete or misleading data. [jerseyfsc.org]

The survey helps:

• Measure global financial interconnectedness
• Improve balance of payments and international investment position statistics
• Support systemic risk and financial stability analysis

For financial centres like Jersey, which host significant investment structures, accurate reporting is crucial for international transparency.

Do you know who must submit data?

The JFSC has emailed requests to the following types of Jersey businesses:

• Banking institutions
• Fund service providers
• Insurance businesses
• Businesses operating Special Purpose Vehicles (SPVs)  

These entities typically hold or administer foreign securities, making them a significant contributor to the island’s overall outward investment position.

Key 2026 Requirements - Deadline: 7 April 2026

JFSC requires each entity to upload its annual data to myJFSC by this date.

Process

1. JFSC emails affected entities with instructions and workbook templates.
2. Each respondent compiles its international portfolio investment positions.
3. Data must follow CPIS rules (definitions, valuations, residency, instrument classification, etc.).
4. JFSC aggregates all submissions and files a single Jersey-wide return with the IMF.
5. Individual submissions remain confidential.  

 What Data You Must Compile

From the CPIS guidance document: You must report foreign-held portfolio securities, including:

• Equity securities
• Debt securities (bonds, notes, EMTNs, FRNs, PRNs, etc.)
• Depository receipts
• Securities involved in lending, REPOs, reverse REPOs
• Holdings via SPVs

Key definitions (e.g., residency, centre of economic interest, international agencies) are provided in the guidance. 

How Values Should Be Reported

(From earlier CPIS instructions, still consistent with IMF methodology)

• Valuation date: End of calendar year
• Valuation basis: Market price
• Currency: Sterling (GBP)
• Rounding: Nearest £1 million
• Format: Excel (.xls for compatibility)  

Why This Matters for Jersey Firms

This is not optional if you receive the JFSC request.

Failing to submit:

• May be treated as a regulatory breach
• Can affect the island’s international statistical reputation
• Hinders the IMF’s global financial stability work

For regulated entities, it’s part of Jersey’s obligations as an international finance centre, contributing to accurate global investment data.

In Short

• The Coordinated Portfolio Investment Survey (CPIS) is an IMF‑led annual data collection on cross-border portfolio security holdings.
  
• In Jersey, the JFSC collects this data from relevant financial institutions and submits an aggregated island-wide return.
  
• The 2026 submission deadline is 7 April 2026, and firms are required to use myJFSC to upload their data.

SOURCE

• https://www.jerseyfsc.org/industry/guidance-and-policy/co-ordinated-portfolio-investment-survey/
• https://www.jerseyfsc.org/news-and-events/submit-your-data-for-the-coordinated-portfolio-investment-survey/
• https://www.jerseyfsc.org/news-and-events/international-monetary-fund-co-ordinated-portfolio-investment-survey/