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Jersey's Anti-Money Laundering / Countering the Financing of Terrorism exemptions regime: Publication of consultation response paper

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 3 March 2022

Decision Reference:  MD-ER-2022-95

Public

Subject: Publication of consultation response paper on Jersey’s Anti-Money Laundering/Countering the Financing of Terrorism exemptions regime

 

Report Title: Feedback on consultation on AML/CFT scope exemptions

Public

Decision(s): The Minister approved the publication of the consultation on Countering the Financing of Terrorism (CFT) and Anti-Money Laundering  (AML) exemptions regime and asked for the paper to published on the Government of Jersey website

 

Resource Implications: There are no resource implications resulting from this decision.

 

Signature:

 

 

Signed By: Minister for External Relations and Financial Services

Date Signed:

 

 

Date of Decision (If different from Date Signed):

 

 

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