(Corporate Finance Exemption) (Jersey) Regulations 2005
THE STATES, in pursuance of paragraph 6(2)
of Schedule 7, and Article 67, of the Data Protection (Jersey) Law 2005, have made the following
In these Regulations, “Law”
means the Data Protection (Jersey) Law 2005.
2 Matters to be taken into account
pursuance of paragraph 6(2)(a) of Schedule 7 to the Law, the matter set out in
paragraph (2) is hereby specified as a matter that is to be taken into account
in so far as it may adversely affect an important economic or financial
interest of Jersey.
matter is the inevitable prejudicial effect on –
orderly functioning of financial markets whether in Jersey or elsewhere; or
efficient allocation of capital within an economy whether in Jersey or
that would result from the application (whether on an occasional or on
a regular basis) of the subject information provisions to data to which
paragraph (3) applies.
data are any personal data to which the application of the subject information
provisions could, in the reasonable belief of the relevant person (within the
meaning of paragraph 6 of Schedule 7 to the Law) affect –
decision, in Jersey or elsewhere, of a person whether or not to deal in,
subscribe for, or issue, an instrument that is already in existence or is to be
or may be created; or
decision, in Jersey or elsewhere, of a person to act or not to act in a way
that is likely to have an effect on a business activity including an effect on –
(i) the industrial
strategy of a person (whether the strategy is, or is to be, pursued
independently or in association with others),
(ii) the capital
structure of an undertaking, or
(iii) the legal or beneficial
ownership of a business or asset.
These Regulations may be cited as the Data Protection (Corporate
Finance Exemption) (Jersey) Regulations 2005.