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Jersey Financial Services Commission: Appointment of Commissioner

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 28 September 2018:

MINISTERIAL DECISION REFERENCE

MD-C-2018-0151

DECISION SUMMARY TITLE

Appointment of Commissioner of the Jersey Financial Services Commission:

Mark Hoban

DECISION SUMMARY AUTHOR

Lead Policy Adviser, Banking & Corporate, Financial Services & Digital Economy

IS THE DECISION SUMMARY PUBLIC OR EXEMPT?  

Public

REPORT TITLE

Appointment of Commissioner of the Jersey Financial Services Commission:

Mark Hoban

REPORT AUTHOR OR NAME OF PERSON GIVING REPORT

Lead Policy Adviser, Banking & Corporate, Financial Services & Digital Economy

IS THE REPORT PUBLIC OR EXEMPT?

Public

DECISION AND REASON FOR THE DECISION

 

A vacancy for a Commissioner of the Jersey Financial Services Commission (Commission) has arisen. The appointment of a new Commissioner is being made with a view to the appointee assuming the role of Chairman of the Commission when the current Chairman retires in April 2020. Following an open, transparent, competitive and merit-based selection process, the Board of Commissioners (Board) has recommended Mark Hoban be appointed. The Chief Minister has accepted this recommendation and proposes to appoint Mark Hoban as a Commissioner with effect from 1 December 2018.

 

In accordance with Article 3 of the Financial Services Commission (Jersey) Law 1998, the Chief Minister shall appoint Commissioners subject to Article 2 of the States of Jersey (Appointment Procedures) (Jersey) Law 2018.

 

RESOURCE IMPLICATIONS

There are no resource implications for the States of Jersey.

ACTION REQUIRED

The Greffier of the States to be requested to arrange for the attached report to be presented to the States for information.

SIGNATURE

 

 

SENATOR JOHN LE FONDRE

POSITION

 

 

CHIEF MINISTER OF JERSEY

DATE SIGNED

EFFECTIVE IMMEDIATELY

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