Jersey to see new securities director

David Banks will take up his new appointment on 18 September 2006, and will be responsible for the Securities Division of the Commission, which covers collective investment funds and investment business. Banks, who has spent the last six months working as a consultant to the Commission on funds-related issues will take over an area which represents a rapidly growing part of the Commission’s activities. As an English solicitor and Jersey Advocate, Banks has spent over 20 years advising financial institutions on all aspects of commercial law and practice, in particular concerning funds, t...