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The Jersey Financial Services Commission is this week taking part in a global campaign to promote investor education and protection as well as financial literacy.
World Investor Week (1 to 7 October), which was launched last year, promotes key messages for investors, including the importance of research and risk assessment, and highlights the initiatives of securities regulators.
The organisers - the International Organisation of Securities Commissions (IOSCO) Committee 8 on Retail Investors - said that the event surpassed all expectations last year with a total of 82 jurisdictions taking part and six international organisations endorsing the initiative.
Mike Jones, JFSC Director of Policy, commented: “For the JFSC, World Investor Week 2018 is a great opportunity to bring to the fore the work that we undertake in relation to investor education by raising awareness of the increasing importance and emphasis being placed on improving financial literacy on a global scale.
"We are proud to be a member of IOSCO’s Committee 8 on Retail Investors, and the success of the inaugural WIW last year is a testament to the commitment of Committee members to share ideas and resources to improve financial literacy in all member jurisdictions and beyond.”
Video: World Investor Week 2018 continues until Sunday.
As financial education is increasing in importance for regulators globally, the JFSC is involved in a number of initiatives such as public awareness campaigns and outreach programmes involving schools.
In collaboration with Jersey Consumer Council and Community Savings, they have been talking to over 2,000 secondary school pupils over the last 12 months and delivering a series of presentations to promote financial literacy. A new series of presentations will start next week.
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