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Financial Services (Disclosure and Provision of Information) (Jersey) Law 202-: Response to Consultation

A formal published “Ministerial Decision” is required as a record of the decision of a Minister (or an Assistant Minister where they have delegated authority) as they exercise their responsibilities and powers.

Ministers are elected by the States Assembly and have legal responsibilities and powers as “corporation sole” under the States of Jersey Law 2005 by virtue of their office and in their areas of responsibility, including entering into agreements, and under any legislation conferring on them powers.

An accurate record of “Ministerial Decisions” is vital to effective governance, including:

  • demonstrating that good governance, and clear lines of accountability and authority, are in place around decisions-making – including the reasons and basis on which a decision is made, and the action required to implement a decision

  • providing a record of decisions and actions that will be available for examination by States Members, and Panels and Committees of the States Assembly; the public, organisations, and the media; and as a historical record and point of reference for the conduct of public affairs

Ministers are individually accountable to the States Assembly, including for the actions of the departments and agencies which discharge their responsibilities.

The Freedom of Information Law (Jersey) Law 2011 is used as a guide when determining what information is be published. While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.

A decision made on 30 July 2020

MINISTERIAL DECISION REFERENCE:    MD-ER-2020-0045

DECISION SUMMARY TITLE:  Response to Consultation on the Draft Financial Services (Disclosure and Provision of Information) (Jersey) Law 202-

DECISION SUMMARY AUTHOR:

Lead Policy Advisor, Financial Services

IS THE DECISION SUMMARY PUBLIC OR EXEMPT?  

Public

REPORT TITLE:  Consultation Response and Policy Paper: Financial Services (Disclosure and Provision of Information) (Jersey) Law 202-

REPORT AUTHOR OR NAME OF PERSON GIVING REPORT:  (if different from Decision  Summary Author)

Lead Policy Advisor, Financial Services

IS THE REPORT PUBLIC OR EXEMPT 

Public

DECISION AND REASON FOR THE DECISION:

Following a consultation issued by the Government of Jersey on the Draft Financial Services (Disclosure and Provision of Information) (Jersey) Law 202-, the Minister for External Relations approved the publication of a response paper summarising the responses to the consultation and the Government’s policy position.

 

RESOURCE IMPLICATIONS:

There are no resource implications for the States of Jersey as a consequence of this decision.

 

ACTION REQUIRED:

The Lead Policy Advisor, Financial Services, to arrange for the publication of the response paper on the Government of Jersey website.

SIGNATURE:

 

 

SENATOR IAN GORST

POSITION:

 

 

MINISTER FOR EXTERNAL RELATIONS

 

 

DATE SIGNED

EFFECTIVE IMMEDIATELY

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