Jersey Financial Services Commission: Appointment of Commissioner

Information about the publication of Ministerial Decisions

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

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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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 March 2012:

Decision Reference: MD-E-2012-0024

Decision Summary Title :

Appointment of Commissioner of the Jersey Financial Services Commission

Date of Decision Summary:

February 2012

Decision Summary Author:

Director, Finance Industry Development

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:

February 2012

Written Report Author:

Director, Finance Industry Development

Written Report :

Public or Exempt?

Public

Subject:

The appointment of Ian Wright as a Commissioner of the Jersey Financial Services Commission (“the JFSC”).

Decision(s):

The Minister agreed the nomination of Ian Wright for appointment as a Commissioner of the JFSC by the States under Art. 3(2)(a) of the Financial Services Commission (Jersey) Law 1998.

The Minister approved the proposition and report and that these should be lodged with the States Greffe for debate by the States at the earliest opportunity.

Reason(s) for Decision:

Under Article 3(2)(a) of the Financial Services Commission (Jersey) Law 1998, Commissioners of the JFSC are appointed by the States on the nomination of the Minister for Economic Development.

Resource Implications:

There are no financial or manpower implications for the States.

Action required:

The proposition and report to be lodged au Greffe for debate by the States at the earliest opportunity.

Signature:

Senator AJH Maclean

Position:

Minister for Economic Development

Date Signed:

Date of Decision (If different from Date Signed):