Joint statement from the Jersey Financial Services Commission and the Office of the Information Commissioner

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The Jersey Financial Services Commission and the Office of the Information Commissioner have released a joint statement regarding the implications for financial services businesses in Jersey following the introduction of the new Data Protection (Jersey) Law 2018, which comes into effect today.

The purpose of the statement is to reassure financial services businesses that the new rules are compatible with the JFSC’s regulatory requirements, particularly in relation to the security of personal data. The statement also reaffirms the intention of the JFSC and the OIC to work together in supporting organisations moving forward.

To read the statement in full, please click here.