JFSC Code of Practice for Trust Company Business
The seven principles a registered trust company business must meet.
- Issued by
- Jersey Financial Services Commission
- Applies in
- Jersey
- Edition
- Current, as published
- Area
- Corporate governance & fiduciary
What an assessor reads first.
The headline requirements in Amoreg’s catalogue, in the issuer’s own numbering where it has one. They are where a review starts, not a transcription of the text.
- P1IntegrityPrinciples
- P2Due skill, care and diligencePrinciples
- P3Organisation and control of affairs; corporate governancePrinciples
- P4Transparency in business arrangementsPrinciples
- P5Maintain and observe high standards of conductPrinciples
- P6Dealing with the Commission openly and cooperativelyPrinciples
- P7Not make misleading statementsPrinciples
How Amoreg keeps you on it.
Enable the JFSC Code of Practice for Trust Company Business and the Monitor suggests JFSC as a source. Every publication it records keeps its source, stage and date.
Inspector reads your policies against these 7 requirements every week and opens a finding wherever one falls short, citing the rule and drafting the fix. A person decides what is applied.
Each week
- Read jerseyfsc.org/news-and-events
- Check the library against 7 requirements
- Open findings with drafted fixes
- Wait for a person to decide
Policy does not yet set out: integrity
- Rule
- JFSC Code of Practice for Trust Company Business, P1
- Area
- Principles
- Proposed by
- Inspector
- Decided by
- A named person, once reviewed
The same ground, elsewhere.
- GFSC Finance Sector Code of Corporate GovernancePrinciples for the boards of all Guernsey licensees, with an annual confirmation of compliance.Guernsey · 5 controls
- GFSC Fiduciary Rules and GuidanceConduct, client asset, record keeping and resourcing rules for fiduciary licensees.Guernsey · 5 controls
- Isle of Man Financial Services Rule Book 2016Conduct, client money, governance and reporting rules for licenceholders.Isle of Man · 5 controls
- CIMA Rule and Statement of Guidance on Corporate GovernanceCorporate governance requirements for all regulated entities, including funds and their operators.Cayman Islands · 4 controls
- Guernsey Beneficial Ownership RegimeResident agent duties to identify and register beneficial owners of Guernsey legal persons.Guernsey · 3 controls
- AI Governance for US Broker-Dealers & AdvisersSupervision, disclosure, risk management and consumer-protection expectations for generative AI and AI agents used by broker-dealers and investment advisers.United States · 8 controls
Also in Jersey
- JFSC AML/CFT/CPF HandbookHandbook for the prevention and detection of money laundering, terrorist financing and proliferation financing under the Money Laundering (Jersey) Order 2008.Jersey · 8 controls
- Data Protection (Jersey) Law 2018Jersey's GDPR-equivalent law and the Data Protection Authority (Jersey) Law 2018 registration regime.Jersey · 9 controls
- JFSC Codes of Practice for Certified Funds and Fund Services BusinessCodes for Jersey certified funds and the businesses that service them.Jersey · 4 controls
- Economic Substance (Crown Dependencies & Overseas Territories)Substance requirements for relevant activities under the EU Code of Conduct Group commitments.Crown Dependencies & Overseas Territories · 4 controls
Questions
Does Amoreg watch for changes to the JFSC Code of Practice for Trust Company Business?
Yes. Enable it and the Monitor suggests Jersey Financial Services Commission as a source; every publication it records keeps its source, stage and date.
Can Amoreg check our policies against the JFSC Code of Practice for Trust Company Business?
Yes. Inspector reads your library against its requirements every week and opens a finding, with the rule it cites and a proposed fix, wherever a policy falls short. A person decides what is applied.
Which edition does Amoreg use?
The current edition as published by the issuer, last verified in August 2026; the Monitor records new publications as they appear.