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JFSC appoints new Policy leaders

The Jersey Financial Services Commission (JFSC) has announced two new senior appointments within its Policy division.

Mike Jones is now Director of Policy, and a member of the Commission's Executive Board, while David Porter assumes the role of Head of Unit, reporting to Mike. Both have been with the JFSC for a number of years and bring a wealth of experience, having also previously worked in industry.

Director General, John Harris commented: "We are delighted to announce these two appointments. In their time at the Commission, both Mike and David have more than demonstrated their expertise, commitment and leadership capabilities. We take great pride in the fact that Mike started his career with us from university and, after gaining industry and international experience, has returned to assume a full Director role for the Policy division. With 24 years of experience, David was a natural choice to support Mike as Head of Unit. His appointment cements the strong leadership team now in place for the division."

Mike and David's primary focus will be on developing effective implementation of policies to the benefit of the island and working with international and domestic policy makers, for example EU third country recognition and a range of appropriate legislative amendments to support the evolving regulatory agenda for Jersey.

- Ends -

For further enquiries, please contact:

Emma Martin
Head of Communications
Jersey Financial Services Commission
Tel: + 44 (0) 1534 822166


- Notes to Editors -

Mike Jones joined the JFSC on a graduate trainee programme in 2000, having spent his university sandwich year at the Commission in 1998. He subsequently worked for Deloitte in London prior to joining the Australian Securities and Investments Commission in Sydney, where he led the hedge fund supervision team on a two year secondment. He returned to the JFSC in 2009, working in a variety of roles, including representing the island in the successful AIFMD negotiations with the EU, before becoming Acting Director of Policy and Strategy.

David Porter has worked in the Jersey finance industry for 24 years, 13 years of which were in industry and 11 years at the Commission. His roles at the JFSC, at both manager and senior manager level, have included reviewing and authorising funds/special purpose vehicles and undertaking supervision of funds. During his time at the Commission, David has also been involved in a wide range of policy initiatives, such as AIFMD, codes of practice, and participated in Jersey's response to a number of international assessments.

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