Extract from Jersey Financial Services
Commission Investment Business (Jersey) Law 1998 Code of Practice.
3.6 Paragraph 3.1.4 also includes the requirement
for a registered person to designate an appropriately qualified
individual, by experience and/or examination, as its compliance
3.6.1 Duties can be delegated either internally
3.6.2 The compliance officer is responsible
220.127.116.11 ensuring the registered person has robust
arrangements for compliance with Law, any Orders made under it
and the Codes;
18.104.22.168 securing appropriate monitoring or operational
performance and promptly instigating action to remedy any deficiencies;
22.214.171.124 providing the principal point of contact
on regulatory matters.