Regulatory Overview

JTC is a multiple jurisdictional Group with regulated businesses that are subject to a number of regulatory requirements. The Group’s approach to regulation is constantly evolving to ensure it stays up to date on any and all regulatory changes.

The Group operates in diverse regulatory landscapes. Whilst each regulator differs, they all fundamentally require regulated Group Companies to maintain effective and measurable governance and a sound risk management framework. Regulated Group Companies are required to produce accurate reports and declarations to these regulatory bodies to ensure compliance with applicable licences and to maintain their regulatory status.

It is essential that all regulated Group Companies maintain the necessary regulatory capital and liquidity requirements and ensure that appropriate and mandated levels of insurance cover are in place at all times.

Regulatory authorities routinely conduct periodic review visits of regulated Group Companies. These can be ‘thematic examinations’, conducted to ensure compliance with a particular aspect of the regulatory regime, or ‘event-driven examinations’, driven by external events or perceived current or emerging regulatory risks.

Each regulated Group Companies supports a fully resourced in-jurisdiction team, with a specialist knowledge of the local regulatory landscape. The Group also maintains its own risk functionaries who actively monitor the jurisdictional reporting and provide Group-level oversight. A separate internal audit function acts as a ‘third line of defence’ further to assure both regulatory and business compliance.