Appointment of commissioner of Jersey Financial Services Commission

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A decision made 25 January 2010 regarding: Appointment of commissioner of Jersey Financial Services Commission.

Decision Reference: MD-E-2010-0010
Decision Summary Title :	Appointment of Commissioner of the Jersey Financial Services Commission		Date of Decision Summary:	21 January 2010
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 :	Appointment of Commissioner of the Jersey Financial Services Commission		Date of Written Report:	21 January 2010
Written Report Author:	Finance Industry Development Executive		Written Report : Public or Exempt?	Public
Subject: Reappointment of John Harris as a Commissioner of the Jersey Financial Services Commission (“JFSC”).
Decision(s): The Minister approved the report and proposition nominating Mr. John Harris for reappointment by the States as a Commissioner of the JFSC with effect from 1st March 2010. The Minister directed that the proposition be lodged au Greffe forthwith and with a view to securing a debate on 23rd February 2010.
Reason(s) for Decision: John Harris is the Director General of the JFSC and will complete his first term as a Commissioner on 28 February 2010. It is considered that the practice of having the Director General on the Board of Commissioners has worked well in practice. Under Article 3(2)(a) of the Financial Services Commission (Jersey) Law 1998, Commissioners are to be appointed by the States on the nomination of the Minister for Economic Development.
Resource Implications: There are no resource or manpower implications for the States.
Action required: The proposition to be lodged au Greffe with a request that it be listed for debate on 23rd February 2010.
Signature: Senator A.J.H.Maclean		Position: Minister for Economic Development
Date Signed:		Date of Decision (If different from Date Signed):