The Jersey Financial Services Commission (JFSC) and the Danish financial services regulator, Finanstilsynet, have signed a Memorandum of Understanding (MoU).
The MoU provides a framework for the JFSC and Finanstilsynet to exchange confidential regulatory information and co-operate with each other regarding the supervision and regulation of firms under their respective authority.
John Harris, the Director-General of the JFSC, commented: "I am delighted to sign this Memorandum of Understanding with Denmark’s financial service regulator – the first such bilateral accord between the (Jersey) Commission and a regulator in one of the Nordic countries. The MoU follows increased dialogue between us and our Danish counterparts over the past 12 months."