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

Jersey Bank Depositors Compensation Board: Appointment

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.

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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

  • 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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 on 30 August 2018

MINISTERIAL DECISION REFERENCE

MD-C-2018-0136

DECISION SUMMARY TITLE

Appointment to the Jersey Bank Depositors Compensation Board

DECISION SUMMARY AUTHOR

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

IS THE DECISION SUMMARY PUBLIC OR EXEMPT?  

Public

REPORT TITLE

N/A

REPORT AUTHOR OR NAME OF PERSON GIVING REPORT

N/A

IS THE REPORT PUBLIC OR EXEMPT?

N/A

DECISION AND REASON FOR THE DECISION

The Jersey Bank Depositors Compensation Board (Board) was established under the Banking Business (Depositors Compensation) (Jersey) Regulations 2009 (Regulations) to administer the Jersey Bank Depositors Compensation Scheme.

 

Article 10(2) of the Regulations provides that members of the Board shall be appointed by the States on the recommendation of the Chief Minister.

 

The Lead Policy Adviser | Banking & Corporate, having conducted interviews in accordance with the procedures of the Jersey Appointments Commission alongside the Chairman of the Jersey Bankers’ Association and the Chairman of the Board, has recommended that Ms Amy Taylor be appointed as a member of the Board. The Chief Minister has accepted the recommendation and recommends that the States confirm the appointment of Ms Taylor.

The Law will be subject to public consultation before it is brought before the States Assembly.

 

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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