Latest Blog News

Media Interviews this week 

Explaining how #JerseyCI #standards support UK in tackling financial crime @huwbbc @BBCNews ow.ly/10Dz15 Explaining to @JustinOnWeb @BBCr4today ow.ly/10DBRy Jersey’s position on Beneficial Ownership Registers read more

Statement on Financial Services senior officials’ travel expenses

There is another prominent media story which concerns senior civil servants’ travel expenses. The reports refers to new information released about the expenditure which specifically relates to Financial Services for which the CM and I are responsible.  There is currently both internal and PAC reviews into travel expenditure and booking procedures and policies being conducted.  These reviews are welcome. Every penny of public money spent on travel must be justified, and ministers held to account for the work of their departments. It would not be appropriate to say more about any States-wide policies until this work has been completed, as the information released has not been given and information about the reasons for the travel not presented.  However, as the Assistant-Minister responsible for Financial Services it is appropriate to comment on travel by the highly respected senior officials working for the interests of the Finance Industry who are the subject of media reports today.  I should like to state categorically that all of the work being undertaken by the Financial Services Unit and by Mr Joe Moynihan since his appointment in 2013 has been vital to secure Jersey’s future as a reputable, respected and now growing Financial Services Centre. The Chief Minister’s Adviser on International Affairs, Mr Colin Powell CBE, is widely regarded as probably the Island’s best ambassador and has been vital to ensure high standards are applied in Jersey. His international work on improving new global standards has been significant, as this week’s developments have shown.  The work of the two new named individuals in reports today is vital to Jersey, States income and the jobs of thousands... read more

Candidacy Declaration  Guernsey States of Deliberation 

Philip OZOUF of Jersey has declared his intention to stand for election for one of the five seats in Guernsey’s “West District” in the forthcoming Guernsey Elections.    Mr Ozouf, a resident of St Saviour, Jersey has been long-standing proponent of closer Channel Island cooperation. First elected as Jersey Deputy in 1999, re-elected as Senator in 2002, 2008 and 2014, he has discharged the functions in the Jersey States, as of President of État Civil, Environment and Public Services, Vice-President of Finance and Economics, Minister for Economic Development, Deputy Chief Minister, Treasury Minister and today as Assistant Chief Minister responsible for Competition, Digital, Financial Services and Innovation. Under the Code of 1771, any person born in either island is eligible to stand for election in any of the Island’s historic Legislative Assemblies. This provision has never been invoked before and will be subject to bilateral rulings in both Island’s Royal Courts, which are being invoked this morning. The Orders of court are expected to made later today. (See link to below) Philip Ozouf said “For the last 16 years I have argued passionately for closer cooperation in the Channel Islands. Following consultation with many residents in St Saviour in Guernsey and Jersey, I’ve decided that the best way to achieve greater alignment is to stand concurrently for both States Assemblies. “If elected, I would propose to spend equal time in both islands. In addition I would continue to spend at least one day a week in Jersey’s London office, which I hope would become the Channel Island London office. “If elected I would propose to return half the salary... read more

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