The Jersey Financial Services Commission (JFSC) is offering extra assistance to Jersey-registered companies to ensure that they fulfil their obligations to submit information about beneficial ownership and control to meet the British Government’s deadline.

Every Jersey-registered company has until 30 June to submit a Statement of Beneficial Owners and Controllers, also referred to as a C17S form. This is to fulfil the
agreement signed by the island and HM Government in London last year to allow, on request and in appropriate circumstances, for the sharing of highly sensitive information to trusted international law enforcement and tax authorities such as the Italians.

With three weeks remaining until the deadline, the JFSC’s Companies Registry has so far received 5,438 C17S submissions from local residents (65%), leaving an estimated 2,985 outstanding (35%).

The JFSC's Director of Registry, Julian Lamb, has admitted that local residents face a "new and complicated obligation." To help islanders fill their forms in, the
Companies Registry is running additional out-of-hours “drop in” sessions between 5 and 7pm on Tuesdays (13, 20, 27 June) and Thursdays (15, 22, 29 June). There will also be sessions on Saturday 17 and 24 June between 09:30 and 12:30. The JFSC will also continue to run sessions within normal business hours Monday to Friday and these can be booked by emailing registry@jerseyfsc.org or calling (01534) 822030.