No changes planned

Wednesday 25th November 2009, 3:00PM GMT.

Clive Jones

THE Jersey Financial Services Commission will not make any immediate changes to the way that the Island is regulated, according to its new chairman.

Clive Jones, who replaced Colin Powell as head of the commission in September, was keynote speaker at the BakerPlatt Economic Crime Symposium last Friday.

He said that he would adopt the ‘if it ain’t broke don’t fix it’ approach and added that, because Jersey was in a good position, no significant changes were planned at the moment.

‘We are not planning anything immediate,’ he said. ‘We are in as good a position as anybody and better than many.’

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