The Rt Hon Lord Mayor, Alderman Nick Anstee and a delegation of his team are visiting Jersey on Tuesday 20 July.
The Right Honourable Lord Mayor, Alderman Nick Anstee, is the head of the City of London. He will be accompanied by Chief Commoner Deputy Robin Sherlock, Senior Programme Manager, Mr Billy King-Harman CBE, Mark Boleat, Deputy Chairman of the Policy and Resources Committee at the City of London Corporation and Chairman of the Jersey Competition Regulatory Authority (JCRA), and Doug Barrow, Chief Executive of London Maritime & Deputy for the Ward of Aldgate.
During his visit to the Island, the Lord Mayor will meet Jersey Finance Limited and the Jersey Financial Services Commission. He will also meet government officials and business representatives to discuss areas of common interest to both Jersey and the City of London. These include Jersey’s complementary relationship with the City; ship registration; engagement with the EU on issues such as the Alternative Investment Fund Managers (AIFM) Directive; working together on priority international markets such as the Middle East, India, China and Russia; and threats to and opportunities for the City of London and Jersey.
The Chief Minister, Senator Terry Le Sueur said: “We are very pleased to welcome the Lord Mayor to Jersey. This visit offers an excellent opportunity to highlight the Island’s strong ties with the City of London and continue building links between our two finance centres.
“Jersey is a key international financial centre and we have a great deal to be proud of. Last year, we were among the first offshore centres to be placed on the OECD ‘white list’, we have recently been invited to be a Vice Chair of the OECD Peer Review and we were rated as the top Offshore Jurisdiction in the most recent Global Financial Centres Index (GFCI). The Island’s finance industry has also been recognised with a number of finance awards, including Best Offshore Centre. I look forward to discussing these and other issues with the Lord Mayor.”
The Lord Mayor and his party will be staying at Government House. He will also be attending a dinner hosted by the Bailiff to be held in the Old Library, in the States Building before travelling on to Guernsey on Wednesday 21 July.
Notes to Editors:
1. For further information, please contact Ana Carvalho on 440422.
· The Foot Review stated that Jersey was the largest provider of net deposits, in the region of $218.3 billion, to UK banks in the second quarter of 2009 alone
· The partnership between the City of London and Jersey continues to flourish despite the challenging times which face all major financial centres. Jersey is frequently part of the same transaction chain as the City and the same client relationship facilitating the deployment of mobile international capital, so vital to the operation of free markets and to the global financial system.
3. The Lord Mayor
The Lord Mayor is elected annually (by Aldermen, who are themselves elected from wards in London by the citizens’ resident) and is the head of the City of London, presiding over its governing bodies, the Court of Aldermen and the Court of Common Council. He is the 682nd Lord Mayor of the City of London and took office on Friday 13th November 2009.
He has a separate but complementary role to the Mayor of London, Boris Johnson, who is the head of the strategic government of Greater London. As well as these roles, the Lord Mayor works for the UK as a whole, supporting the City of London as the world's leading international financial and business centre. He travels extensively at the request of the Foreign and Commonwealth Office, fostering goodwill and boosting UK trade, particularly the markets and services of the City of London.