{"id":8719,"date":"2011-02-04T13:34:39","date_gmt":"2011-02-04T11:34:39","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=8719"},"modified":"2011-02-04T13:34:41","modified_gmt":"2011-02-04T11:34:41","slug":"jersey-finance-industry-is-not-transparent-according-to-jersey-finance","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2011\/02\/04\/jersey-finance-industry-is-not-transparent-according-to-jersey-finance\/","title":{"rendered":"Jersey finance industry is not transparent – according to jersey Finance"},"content":{"rendered":"

From the Jersey Evening Post:<\/a><\/p>\n

\n

ISLAND finance firms are still failing to provide important information to potential investors, according to the results of a mystery shopping exercise conducted last year.<\/p>\n

The secret survey of 17 businesses showed that errors were still being made, but performance had improved compared to the outcomes when the exercise was last conducted in 2007.<\/p>\n

The mystery shop was organised by the Jersey Financial Services Commission to assess the quality of advice given to clients.<\/p>\n

JFSC director general John Harris said there was room for improvement regarding transparency of fees, charges and commissions.<\/p>\n<\/blockquote>\n

Bad apples, all of them, of course. That will, no doubt, be the excuse.<\/span><\/span><\/p>\n

But the key question is - if Jersey fiance companies can't even be transparent to their clients what hope is there that they're transparent to anyone else?<\/span><\/span><\/p>\n

And if they can't comply with the rules on such a simple issue what chance is there that they might comply with other rules, like those on money laundering?<\/span><\/span><\/p>\n

But Jersey Finance doesn't look to have thought that far. I wonder why? <\/span><\/span><\/p>\n


<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

From the Jersey Evening Post: ISLAND finance firms are still failing to provide important information to potential investors, according to the results of a mystery
 Read the full article…<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-8719","post","type-post","status-publish","format-standard","hentry","category-jersey"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/8719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=8719"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/8719\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=8719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=8719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=8719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}