Jersey is to adopt its version of UK RDR regulations by 2014, the island's Financial Services Commission (FRC) has confirmed.
Jersey will bring in the new rules by 1 January 2014, which is a year after the RDR comes into force in the UK.
Chris Jordan, senior manager in the investment business division of the FRC, confirmed the decision to IFAonline last week.
Jersey's rules are likely to be a close copy of those being implemented in the UK by the FSA.
One of the drivers for reading across the changes to the Chanel Island is to avoid regulatory arbitrage between the UK and Jersey.
It is understood the Jersey regulator feared for the island's status and reputation as a jurisdiction of global best practice in financial regulation if the changes were not copied over.
Advisers offering investment advice on the island will now likely have to sit new, higher levels of qualifications, and adopt charging structures based around fees not commission.
It is not yet known if Guernsey is considering a similar move. If it shuns the changes it could benefit from regulatory arbitrage as companies seek to put business through a less rigorously regulated - and cheaper - environment.
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