The keynote speech at an international conference being held in Jersey next week will be delivered by the Financial Secretary to HM Treasury, Rt Hon Stephen Timms MP. The conference is being held to assist developing countries get information on financial crime, and to obtain cooperation in recovering the proceeds of such crime.

Mr Timms will be speaking about the G20’s objectives. He said “This is a very important meeting and I thank Jersey for being our host. The conference will help drive forward the G20’s goals and make a valuable contribution to changing the situation in many developing countries and equipping them well for the future.”

The conference agenda includes discussions on the assistance needed by developing countries; the experience of organisations who’ve worked with developing countries to recover the proceeds of fiscal and financial crime; the help Jersey can offer; and the future global action needed.

There are presentations scheduled from international organisations – the World Bank, the International Centre for Asset Recovery, the UK Department for International Development, the UN Office on Drugs and Crime, Christian Aid and Transparency International. There will also be presentations from the Jersey Law Officers Department, the Jersey Financial Services Commission, the Jersey Financial Crimes Unit and the Chief Minister’s Department.

Jersey’s Deputy Chief Minister, Senator Philip Ozouf, said “We hope that by bringing together representatives from the developing countries and relevant international organisations, they can consider together the best way to meet the needs of developing countries and secure the G20’s objectives.”

Notes to Editors

Media access:
• Media are invited to attend the conference on 10 February from 10-11am to hear the opening speech from Jersey’s Chief Minister and the keynote speech from Mr Timms.
• Mr Timms will not be available for one-to-one interviews.
• Media may also attend from 5.30-6pm on 11 February to interview participants at the close of the conference.

1. The conference is being held at the Royal Yacht Hotel, St Helier, on 10th and 11th February 2010.

2. The following organisations will be attending –
• UK Department for International Development
• UN Office on Drugs and Crime
• World Bank
• Transparency International
• Christian Aid
• Members of Financial Action Task Force regional bodies covering East and West Africa and Asia Pacific

3. For further information contact Colin Powell, Adviser – International Affairs, Chief Minister’s Department (tel: 01534 440414; e-mail: c.powell@gov.je)

4. HM Treasury on G20 objectives and other international issues