The Jersey Financial Services Commission's Registry has won an international award for its digitalisation programme.
The award, from the International Association of Commercial Administrators (IACA), follows the implementation of a fully digital Registry in Jersey.
The JFSC is one of only three jurisdictions to win an award from the IACA this year, alongside North Carolina and Rhode Island. It is the sixth IACA Merit Award that the JFSC has won.
Digital Registry programme
The Commission's project in 2020 to transform its Registry included streamlining services and making it simpler and more efficient for Registry customers to interact and share information.
Online platform myRegistry was launched in February 2021, allowing businesses to see the live information held for them by the Registry.
It also hosts advanced features such as an API to allow larger businesses such as trust companies to link their systems directly with the Registry.
These changes were made in response to legislation passed by the Government of Jersey under the Financial Services (Disclosure and Provision of Information) (Jersey) Law 2020 to help the island meet international standards.
It was also the next stage following the introduction of the central register of beneficial owners and controllers.
Registrar Julian Lamb commented: “myRegistry is an effective and innovative solution with many elements that can be reused by our international colleagues.
"This award is testimony to the hard work of our team, the support of our ICT and programme management colleagues, and the partnership with government and industry to complete, within tight deadlines, this work.”
Pictured: Julian Lamb receiving the award at the ceremony in Phoenix, Arizona, on 16 May