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Economic Affairs - Approved Panel Minutes - 27 May 2016

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Economic Affairs Scrutiny Panel

Record of Meeting

27th May 2016

 

Present

Deputy S.M. Brée, Chairman Deputy D. Johnson , Vice-Chairman Connétable J.E. Le Maistre Connétable M.J. Paddock

Apologies

 

Absent

 

In attendance

Mr S. Spottiswoode, Scrutiny Officer

 

Ref Back

Agenda matter

Action

Item 2 11.05.16

515/37

1.  Dormant  Bank  Accounts:  briefing  with  Jersey  Bankers Association

The Panel welcomed Mr P. Declat (President), Ms V. McEarney and Mr

H. Ramsay of the Jersey Bankers Association for a private briefing.

 

Item 2 11.05.16

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2.  Dormant  Bank  Accounts:  briefing  with  Jersey  Financial Services Commission

The Panel welcomed Mr M. Sumner (Director) and Ms A. John (Head of Banking Supervision Unit) of the Jersey Financial Services Commission for a private briefing.

 

Item 2 11.05.16

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3.  Dormant Bank Accounts: briefing with Department Officers

The Panel welcomed the Assistant Director, Department for Economic Development, Tourism, Sport and Culture and the Assistant Director, Chief Minister's Department for a private briefing.

 

Item 2 11.05.16

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4.  Dormant Bank Accounts

Following  the  above  briefings  the  Panel  discussed  possible amendments to the Draft Dormant Bank Accounts Law in light of the evidence received. It was noted that any amendments would need to be lodged by 14th June for the debate scheduled for 28th June 2016.

Members  were  reminded  that  a  public  hearing  on  Dormant  Bank Accounts was scheduled for 9th June 2016.

 

85

27.05.16