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Proceeds of Crime (Supervisory Bodies) (Transitional Provisions - Amendment (Jersey) Order 2023

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 29 June 2023:

Decision Reference:  MD-CM-2023-410

Public

Subject: Draft Proceeds of Crime (Supervisory Bodies) (Transitional Provisions – Amendment) (Jersey) Order 2023

 

Report Title: Draft Proceeds of Crime (Supervisory Bodies) (Transitional Provisions – Amendment) (Jersey) Order 202-

Public

Decision(s):

The Assistant Chief Minister with responsibility for Financial Services decided to  make the Proceeds of Crime (Supervisory Bodies) (Transitional Provisions - Amendment) (Jersey) Order 2023 ('the Amendment Order'), which amends the Proceeds of Crime (Supervisory Bodies) (Transitional Provisions) (Jersey) Order 2023.

Reason for Decision(s):

The Amendment Order provides for an extension of the transitional period in respect of certain persons carrying on financial services business brought within Schedule 2 to the Proceeds of Crime (Jersey) Law 1999 by the Proceeds of Crime (Amendment No. 6) (Jersey) Law 2022. The transitional period will be extended from 1st July to 1st October 2023 for “qualifying persons”. Qualifying persons is a defined term in the amendment.

Resource Implications: There are no new financial and/or manpower implications arising from this decision.

 

Action Required: Department to take necessary action.

Signature:

 

 

Signed By: Deputy Elaine Millar

Date Signed:

 

 

Date of Decision (If different from Date Signed):

 

 

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