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Appointment of Deputy Chairman of the Jersey Financial Services Commission.

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 (15/06/2007) regarding: Appointment of Deputy Chairman of the Jersey Financial Services Commission.

Subject:

Appointment of Deputy Chairman of the Jersey Financial Services Commission

Decision Reference:

MD-E-2007-0114

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

Jersey Financial Services Commission – Appointment of Deputy Chairman

Written report – Author

(name and job title)

Paul de Gruchy, Director, Finance Industry Development

Decision(s):

To appoint Jacqueline Richomme Deputy chairman of the Jersey Financial Services Commission, in accordance with Article 3(4) of the Financial Services Commission (Jersey) Law.

Reason(s) for decision:

Richard Pirouet, the previous Deputy Chairman of the Commission, recently retired and the position he previously held is currently vacant. The Commissioners have unanimously agreed that Jacqueline Richomme should be appointed Deputy Chairman, and it is therefore appropriate that she be appointed to that position.

Action required:

The Director, Finance Industry Development to notify Colin Powell, Chairman of the Jersey Financial Services Commission, of the appointment of Jacqueline Richomme as Deputy Chairman.

Signature:

Senator P.F.C.Ozouf

(Minister)

Date of Decision:

15 June 2007

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