Jersey, Liechtenstein move closer with MOU on regulations

The Jersey Financial Services Commission (JFSC) has signed a memorandum of understanding (MOU) with the Liechtenstein Financial Market Authority (FMA), to establish a mechanims for cooperating on regulatory matters and exchange of information.

The MOU is seen as an important development for these two jurisdictions that face what they term “challenges in financial services” in coming years.

John Harris, director general of the JFSC said: “This memorandum will assist in that regard as it provides a formal framework for the exchange of regulatory information and mutual assistance. We understand each other and we already work effectively together so this agreement reinforces yet further an already excellent relationship.”

This latest MOU joins a list of some 90 that the JFSC has signed with regulators elsewhere.

Seen here signing the MOU are (left to right): Urs Phillipp Roth-Cuony, chairman of the Board of Directors of the FMA, John Harris, director general of the JFSC and Mario Gassner, CEO of the FMA.

Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

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