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Friday, January 1, 1999
Volume:
15
Issue:
1
24-25
Abstract:
As a result of the Cantrade Private Bank Switzerland (CI) scandal, the Jersey Financial Services Commission (JFSC) will amend its Banking Business (Jersey) Law 1991, which will strengthen supervisory mechanisms, override secrecy laws and allow the JFSC to make public statements when such statements are in the interests of depositors or potential depositors... [more]