20 November 2024
The Government of Jersey has announced changes to the teams
which support both the development and regulation of financial
services.
The internal restructure within the Department for the Economy
brings the Financial Services and the Financial Crime Strategy
teams into a single directorate under the leadership of Helen De
La Cour as newly appointed Director of Financial and Professional
Services.
The process of the restructure is ongoing, and the Financial and
Professional Services Directorate will be formally launched once
the changes are completed.
The Minister for Financial Services and External Relations, Deputy
Ian Gorst, said: “These changes are designed to continue our
focus on protecting the financial services industry along with a
renewed focus on competitiveness and innovation.
“We continue to devote the same resource to supporting
financial services, but this change allows us to use resource most
efficiently whilst continuing to build on Jersey’s successful
MONEYVAL result earlier this year.”
Following the completion of the MONEYVAL assessment of Jersey against international standards for anti-money laundering and countering the financing of terrorism, George Pearmain will
leave the role of Director of Financial Crime Strategy and Head of
Delegation to MONEYVAL on Friday 22 November 2024.
George has held this role since 2020, after working in Paris for
the Financial Action Task Force, the international standard-setter
on financial crime. He previously worked for the Government of
Jersey between 2012 and 2018.
Deputy Gorst said: “George’s departure marks more than a
decade of public service to Jersey around financial services and
financial crime strategy, and I thank him for all his work.
MONEYVAL concluded that Jersey’s effectiveness in preventing
financial crime was among the highest level found among any
jurisdiction. That evaluation was in no small part down to George.
“I also congratulate Helen on her new appointment. She has
been Director of Financial Services since 2023 and continues to
lead an excellent and well-established team with clear objectives
against which to deliver.
“A clear priority for me and the Council of Ministers is
maintaining Jersey’s valuable reputation in effectively fighting
financial crime, and I look forward to continuing this commitment
alongside new and exciting ambitions for growth in financial
services through my initiative of a specific competitiveness
workstream that is now underway.”
gov.je