JFSC pushes for greater financial education

Tuesday 01 October 2019

Jersey's financial regulator has thrown its weight behind a global awareness campaign to promote investor education and protection.

The Jersey Financial Services Commission (JFSC) is one of 88 jurisdictions around the world taking part in World Investor Week campaign, which is promoted by the International Organisation of Securities Commissions.

As part of the week-long campaign, the JFSC will be hosting public events, running campaigns, and engaging with local primary schools to help raise awareness about financial education among Jersey’s youngest consumers.

It will also be hosting activities activities to re-emphasise the basics of investing and address any questions islanders may have about online investments, digital assets and Initial Coin Offerings.

Joined by other island agencies, the JFSC will tomorrow be holding a drop-in session between 11:15 and 15:00 at the Town Hall.

Pictured: There's a drop-in about what good financial advice looks like at the Town Hall today.

Islanders are invited to attend a Jersey Consumer Council Lunchtime Talk on Thursday at 13:05 at the Library on 'The regulator in your community.'

Mike Jones, JFSC Director of Policy and Risk, commented: “One of our primary remits is to protect members of the public and reduce their risk of financial loss. To do this, we regularly raise awareness. Through our ongoing financial education programme and campaigns, we already reach a large proportion of the local community and schools.

"In fact, each year we deliver our financial literacy sessions to more than 2,000 island students. World Investor Week reinforces this existing work and helps us to reiterate these important messages to Islanders, ensuring they know how to protect themselves when making financial investments."