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Feedback on Consultation Paper CP2025/02 'Continuity of Access to Financial Market Infrastructure (FMI) and Liquidity & Funding in Resolution Guidance Notes'

26 Jan 2026

We have published our feedback in respect of our Consultation Paper CP2025/02 ‘Continuity of Access to FMI and Liquidity & Funding in Resolution Guidance Notes’.

As set out in our Feedback Paper, we received written responses from eight Jersey Banks with respect to our draft Continuity of Access to FMI Guidance Note and from two Jersey Incorporated Banks with respect to our draft Liquidity and Funding in Resolution Guidance Note. Most respondents were supportive of our proposed guidance. In some cases, respondents made observations or requested further clarification on aspects of the Guidance Notes. These have been addressed within the Feedback Paper and, where necessary, by way of amendments in the draft Guidance Notes.

The Feedback Paper includes a tracked change versions of the Guidance Notes so that Jersey Banks can easily identify the amendments made. 

In line with communications in September 2025, Jersey Banks are required to submit interim self‑assessments for Continuity of Access to FMIs and Liquidity and Funding in Resolution by 30 June 2026.

However, Jersey Banks' first full resolvability assessment covering all risks to resolution is now due by 30 June 2027. Any Jersey Bank that believes it may be unable to meet this deadline should notify the JRA as soon as possible.


Further enquiries in relation to the Feedback Paper or the Guidance Notes should be directed to Edmore Murungu, Resolution and Compensation Officer (e.murungu@jra.org.je or info@jra.org.je)

Feedback Paper on Consultation Paper CP205/02 ‘Continuity of Access to FMI and Liquidity and Funding in Resolution Guidance Notes’

Final Continuity of Access to FMI Guidance Note - clean

Final Continuity of Access to FMI Guidance Note - tracked changes

The FMI Reporting Template

Final Liquidity and Funding in Resolution Guidance Note