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Collective Investment Funds (Unregulated Funds) (Amendment No. 2) (Jersey) Order 200-.

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.

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  • 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

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A decision made (16/02/2009) regarding: Collective Investment Funds (Unregulated Funds) (Amendment No. 2) (Jersey) Order 200-.

Decision Reference:  MD-E-2009-0025 

Decision Summary Title :

Collective Investment Funds (Unregulated Funds) (Amendment No. 2) (Jersey) Order 200-

Date of Decision Summary:

13 February 2009

Decision Summary Author:

Finance Industry Development Executive

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

n/a

Written Report

Title :

Collective Investment Funds (Unregulated Funds) (Amendment No. 2) (Jersey) Order 200-

Date of Written Report:

February 2009

Written Report Author:

Finance Industry Development Executive

Written Report :

Public or Exempt?

Public

Subject:    

Collective Investment Funds (Unregulated Funds) (Amendment No. 2) (Jersey) Order 200-

Decision(s):  

The Minister made the Collective Investment Funds (Unregulated Funds) (Amendment No. 2) (Jersey) Order 2009 (“the Order”)

Reason(s) for Decision: 

The Order amends the Collective Investment Funds (Unregulated Funds) (Jersey) Order 2008 (“the 2008 Order”), which permits funds to be established as Unregulated Exchange-Traded Funds if they comply with the requirements for listing on certain specified exchanges.  The Order adds the Specialist Fund Market (“SFM”) of the London Stock Exchange (“LSE”) to the list of permitted exchanges specified in Schedule 4 of the 2008 Order.

Resource Implications: 

There are no measurable financial or manpower costs for the States.

Action required: 

The Minister to sign, date and seal the Order and the Order to be returned to the States Greffe without delay.

Signature: Senator A.J.H.Maclean 

Position: Minister for Economic Development 
 

Date Signed: 

Date of Decision (If different from Date Signed): 

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