The Jersey Financial Services Commission has designed a new web portal to facilitate the collection of its annual levy, among other things.

Under the name of "myJFSC," the portal will give companies advance notification of the charges it wishes them to pay it for the year and help them to calculate and process them. Trust company businesses will be given access to the portal and will consequently be informed of the amounts that they must pay.
 
Invitations to set up a myJFSC account will go out by email to compliance officers and sole traders only on 2nd March. Additional invitations will not be issued to any other staff members of registered persons at the moment. For security reasons, the invitations will expire after five days. As soon as portal accounts have been activated, fee forms will be made available through the portal and companies can start to pay electronically. Banking details will be provided through the portal. The JFSC will no longer be accepting cheques for annual fees after this date. All bills should be paid by 31 March 2016.