02 July 2008
The Chief Minister, Senator Frank Walker, has submitted written evidence to the House of Commons Treasury Select Committee Inquiry into Offshore Financial Centres. Other submissions have been made by the Jersey Financial Services Commission and Jersey Finance Limited.
Members of the Select Committee will be visiting Jersey on 7/8 July and at their request will meet Ministers, representatives of the Jersey Financial Services Commission and representatives of the finance industry.
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Notes to Editors:
In March 2008, the House of Commons Treasury Select Committee published a report on Financial Stability and Transparency in which the Committee indicated that it intended to undertake further work into Offshore Financial Centres in the context of their ongoing scrutiny of financial stability and transparency to seek to ascertain what risk, if any, such entities pose to financial stability in the UK. The Committee announced its inquiry into Offshore Financial Centres on 30 April and invited interested parties to submit written evidence.
A copy of the submission is also available.
All of the submissions to the Treasury Select Committee's Inquiry into Offshore Financial Centres can be found at:
http://www.parliament.uk/
gov.je