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Channel Islands Financial Ombudsman: Annual Report 2020

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 1 June 2021

Decision Reference: MD-E-2021-0024

Decision Summary Title

Channel Islands Financial Ombudsman Annual Report 2020

Date of Decision Summary

21 May 2021

Decision Summary author

Associate Director, Financial Services

Decision Summary:

Public or exempt?

Public

Written Report

title

Channel Islands Financial Ombudsman Annual Report 2020

Date of Written Report

20 May 2021

Written Report author

Chair – Channel Islands Financial Ombudsman

Written Report:

Public or exempt?

Public

Subject:  Channel Islands Financial Ombudsman Annual Report 2020

Decision:  The Minister for Economic Development, Tourism, Sport and Culture (EDTSC), received the Annual Report for 2020 of the Channel Islands Financial Ombudsman and decided that it should be presented to the States Assembly as a formal Report.

Reasons for Decision: Schedule 2 of the Financial Services Ombudsman (Jersey) Law 2014 provides that the Minister must lay a copy of the accounts and report prepared by the Office of the Financial Services Ombudsman before the States not later than two months after receiving them.

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

Action required: The Associate Director, Financial Services, to inform the Greffier of the States of this decision and request that the Channel Islands Financial Ombudsman Annual Report 2020 be presented to the States Assembly as a Report in the ‘R’ series.

Signature:

 

 

 

 

 

Senator Lyndon Farnham

Position:

 

Minister for Economic Development, Tourism, Sport and Culture

Date signed:

Date of Decision (If different)

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