The Jersey Financial Services Commission (JFSC) has announced two new senior appointments within its Policy division.
Mike Jones (pictured) 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.
Mike joined the JFSC on a graduate trainee programme in 2000. 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 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.
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.