The Jersey regulator has warned that the island risks deterring potential investors if it becomes...
The Jersey regulator has warned that the island risks deterring potential investors if it becomes too obsessed with regulations. David Carse, Director General of the Jersey Financial Services Commission, called for a "balanced approach" to the regulatory environment. But he dismissed suggestions that he was taking a softer line than his predecessor Richard Pratt favoured during his time in charge. "His job was to build up the regulatory structure virtually from scratch over five years," he said. "There's now a feeling that it's time to sit back and consolidate, but this would have been...
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