Insights from the people doing the work

With some 70 metres, 58 scenes, 623 human figures and 202 horses, by any measure the Bayeux Tapestry is a long document. But it’s a masterpiece of communication, as well as craftsman (craftswoman?)-ship, because every panel moves the story forward and the brief Latin captions tell you what you are looking at.

The Jersey Financial Services Commission (JFSC) has introduced new Sustainable Finance Guidance which includes an update to the relevant Codes of Practice. It provides a baseline for how firms should manage sustainability-related risks, particularly climate risk, and how they should communicate sustainability-related claims.

Altair, the independent provider of governance, consultancy, and technology solutions to the funds and financial services industry, today announced the appointments of Ian Carter as Chief Commercial Officer and Steve Davidson as Head of the Americas, marking a significant step in the firm’s continued growth.

Jersey Government is seeking the views of consumers and industry on its recently published consumer credit secondary legislation.

We are delighted to be sponsoring Vanguard Racing who will be representing Jersey in the STEM Racing National Finals in March following their win in the Regional Finals last year.

As part of its 2026 examination programme, the Jersey Financial Services Commission (JFSC) has announced that exemptions from Customer Due Diligence (CDD) requirements will be a key thematic focus. This emphasis reflects an ongoing concern: firms continue to demonstrate weaknesses in how they apply the exemptions available under Articles 17 and 18 of the Money Laundering Order.

In August 2025, Jersey introduced important updates to its Private Fund (JPF) regime to make JPFs quicker and more flexible to establish, while maintaining their private and professional nature. These changes, published by the Government of Jersey and the Jersey Financial Services Commission (JFSC), further enhance Jersey’s competitiveness as a leading funds jurisdiction.

Understanding how to assess and document a customer’s Source of Wealth (SoW) and Source of Funds (SoF) is essential for regulated firms in identifying, mitigating, and managing AML/CFT/CPF risk.

TMF Jersey, a leading provider of fund, corporate, private clients and employee administration services on the island, has further enhanced its use of digital solutions with the successful implementation of Beacon, an innovative governance, risk and compliance tool, developed in Jersey by the Altair Group.

In the face of strong opposition from Mourant and KPMG, Altair has successfully defended the 2025 TMF Jersey Table Tennis Corporate League title.

Ross Geldart has joined the Altair Group as a Junior Implementation Consultant at Altair Technology, joining us as we continue to expand the capabilities and reach of Beacon, our Governance, Risk and Compliance (GRC) platform.

The recent Guernsey Financial Services Commission Public Statement concerning Channel Islands Finance Limited (a provider of lending and brokerage services), and two individuals connected to the firm got me thinking about conflicts of interest, particularly as the JFSC has announced that this will continue to be a focus of their examinations in 2025.