Work Underway to Safeguard Credit Card Provision for Islanders
24 April 2023
The Economic and International Affairs Scrutiny Panel questioned the Assistant Chief Minister with responsibility for Financial Services, Deputy Elaine Millar, in a Quarterly Public Hearing on Friday 21 April.
Among other topics, the Panel asked the Assistant Chief Minister about actions being taken to aid the Island's finance industry in maintaining Islander's access to credit cards. The Assistant Chief Minister noted that the absence of a centralised electoral register has been identified as one of the barriers to credit card operation in Jersey during recent discussions with banks.
The Panel heard that conversations are ongoing to ensure that the existing credit card provision on the Island is safeguarded, and that various methods of facilitating this are being considered.
Deputy Moz Scott, Chair of the Economic and International Affairs Scrutiny Panel, commented:
"It is reassuring to hear that the issue of access to credit cards for Islanders is being treated as a priority and that the Assistant Chief Minister is working closely with the banks to address this issue. The Panel is keen to hear about progress being made to ensure that Islanders can maintain their access to this vital service."
The full recording of the hearing can be accessed here.