The Jersey Financial Services Commission (JFSC) has issued a guidance note to industry on the subjects of integrity, dishonesty and competence.
The guidance comes in response to comments made by the Royal Court in the judgment handed down in the Francis v JFSC case (4 December 2017), in which the Royal Court recommended that the JFSC issue guidance on what constitutes a lack of integrity versus dishonesty.
• The guidance note can be found here
• For more information on the Francis v JFSC case click here