Terms of Business Update – August 2020

As the result of the introduction of the Financial Services (Disclosure and Provision of Information) (Jersey) Law  202-  Forward Group has revised its Terms of Business, letters of engagement and administration agreements in respect of any entities we provide our regulated services to.

The changes are necessary as the new law requires our clients to appoint a Nominated Person (as defined in the law) as your company representative.  The Nominated Person will have access to centrally held private information by the Jersey Financial Services Commission and the ability to submit updates to the Jersey Registry on behalf of your entities.  This will include the new completion statement which replaces the company annual return.  The Nominated Person in your case will be Forward Group Limited as a regulated Trust and Company Business.

A updated copy of our revised Terms of Business can be accessed through our website here: Terms of Business – August 2020. Our clients will receive an email from ‘SignRequest’ which will allow clients to digitally sign the updated letters of engagement and/or administration agreements.   

Should you have queries in respect of these updated terms then please do not hesitate to contact us directly (Contact us).