Financial Services
(Amendment of Law) (No. 5) (Jersey)
Regulations 2018
Made 22nd March 2018
Coming into force 29th
March 2018
THE STATES, in pursuance of Article 4(2) of the Financial Services (Jersey)
Law 1998[1], have made the following
Regulations –
1 Financial Services (Jersey) Law 1998 amended
In Article 1(1) of the Financial Services
(Jersey) Law 1998[2] –
(a) after
the definition “investment business” there shall be inserted
following definition –
“ ‘Jersey
AIF’ has the meaning given to ‘AIF’ by Regulation 3 of
the Alternative Investment Funds (Jersey) Regulations 2012[3];”;
(b) in the
definition “principal person”, in sub-paragraph (b), after clause (iii) there shall be added
the following words –
“but not including, in
relation to a company that is a Jersey AIF, any shareholder controller of that
company;”.
2 Citation
and commencement
These Regulations may be cited as the Financial Services (Amendment
of Law) (No. 5) (Jersey) Regulations 2018 and shall come into force
7 days after they are made.
l.-m. hart
Deputy Greffier of the States