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

Financial Services (Investment Business) (Registration and Fees) ( 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 (02.03.06) to approve the Financial Services (Investment Business) (Registration and Fees) (Amendment No. 2) (Jersey) Order 200-

 

 

Subject:

Approval of the Financial Services (Investment Business (Registration and Fees)) (Amendment No.2) (Jersey) Order 200-

Decision Reference:

MD-E-2006-0033

Exempt clause(s):

 

Type of Report:

(oral or written)

Written

Person Giving Report (if oral):

 

Telephone or

e-mail Meeting?

 

Report

File ref:

 

Written report – Title

Financial Services (Investment Business (Registration and Fees)) (Amendment No.2) (Jersey) Order 200- (the “Order”)

Written report – Author

(name and job title)

Paul de Gruchy, Director, Finance Industry Development

Decision(s):

To approve the Order in accordance with its terms, with a view to the Order coming into force on 1 April 2006.

Reason(s) for decision:

The Order will increase fees for the regulated investment business sector, which have remained at the current level since 2003, and thus enable the Commission to continue to regulate that sector in the existing manner. The increases are broadly in line with inflation since the fees were last raised, and have been consulted upon with those affected by them.

Action required:

Minister to sign, date and seal the Order and PDG to notify the States Greffe, the Departmental liaison officer and the law draftsman before forwarding the Order to the Greffe for archiving.

Signature:

Senator Philip Ozouf

(Minister)

Date of Decision:

 

 

 

 

 

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