Skip to main content Skip to accessibility
This website is not compatible with your web browser. You should install a newer browser. If you live in Jersey and need help upgrading call the States of Jersey web team on 440099.
Government of Jerseygov.je

Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

  • Choose the service you want to log in to:

  • gov.je

    Update your notification preferences

  • one.gov.je

    Access government services

  • CAESAR

    Clear goods through customs or claim relief

  • Talentlink

    View or update your States of Jersey job application

Proceeds of Crime (Supervisory Bodies) (Amendment of Law) (Jersey) Order 2015

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 15 January 2015:

Decision Reference: MD-C- 2015-0003

Decision Summary Title :

Proceeds of Crime (Supervisory Bodies) (Amendment of Law) (Jersey) Order 2015

Date of Decision Summary:

14 January 2015

Decision Summary Author:

 

Legislative and Policy Development, Financial Services

Decision Summary:

Public or Exempt?

(State clauses from Code of Practice booklet)

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title :

Proceeds of Crime (Supervisory Bodies) (Amendment of Law) (Jersey) Order 2015

Date of Written Report:

14 January 2015

Written Report Author:

Legislative and Policy Development, Financial Services

Written Report :

Public or Exempt?

(State clauses from Code of Practice booklet)

Public

Subject:

 

Making the Proceeds of Crime (Supervisory Bodies) (Amendment of Law) (Jersey) Order 2015

 

Decision(s):

 

The Chief Minister made the Proceeds of Crime (Supervisory Bodies) (Amendment of Law) (Jersey) Order 2015 (the “Order”).

Reason(s) for Decision:

 

The Order amends Article 3 of the Proceeds of Crime (Supervisory Bodies) (Jersey) Law 2008 (the “Primary Law”) to include a number of enactments that will be considered “anti-money laundering and counter-terrorism legislation” for the purpose of the Primary Law.

Part 2 of the Primary Law and subordinate legislation provide that the Jersey Financial Services Commission (the “JFSC”) shall exercise supervisory functions in respect of all supervised persons. The term “supervised person” is defined in Article 1 of the Primary Law and covers all of those persons that are required to comply with the Money Laundering Order (referred to in the Money Laundering Order as “relevant persons”).

Article 22 of the Primary Law allows the Commission to prepare and issue Codes of Practice for the purpose of establishing sound principles for compliance with the Supervisory Bodies Law and “anti-money laundering and counter-terrorism legislation” by persons in relation to whom it has supervisory functions.

 

The effect of the Order is therefore to provide an explicit power for the Commission to prepare and issue Codes of Practice which relate to compliance with the definition of “anti-money laundering and counter-terrorism legislation” expanded by the Order.

 

The expanded definition represents all financial sanctions Orders currently in force in Jersey.

 

Resource Implications:

 

There are no resource implications as a result of this decision.

 

Action required:

 

That the Minister sign and seal the Order and it be returned to the States Greffe for immediate publication. The Greffier of the States to be requested to notify the States of the making of the Order.

Signature:

 

 

 

Senator Ian Gorst

Position:

 

 

 

Chief Minister of Jersey

Date Signed:

 

 

Date of Decision (If different from Date Signed):

 

 

Back to top
rating button