The Chief Transformation Officer (CTO) recently appointed to the Guernsey Financial
Services Commission (GFSC), Tim Loveridge, has now taken up his role. Ernst & Young’s Independent Evaluation Review (IER) of the GFSC made reference to one of
the projects that was already underway; the production of an ‘extranet’ – that is electronic
communication of data between licensees and the Commission.
Mr Loveridge will now form a working party including members of the financial services
industry in order to take into consideration their views as the new system is developed.
Members of the Guernsey International Business Association (GIBA) have been consulted
and several of them will join the working group to make the views of industry known at an
Mr Loveridge said:
“This is a great time to join the Commission and get involved with the projects that are in
progress following the Review.
“It’s important for industry practitioners to be involved in the development of the new
processes we are implementing to ensure that we come up with a workable solution for
everyone involved.” Dominic Wheatley, GIBA Chairman, said: “We are fully behind the Commission in bringing their reporting infrastructure up to date. We
welcome Mr Loveridge’s appointment and the focus and experience that he will bring to this
important project, and we look forward to working with him and the working group.” Mr Loveridge will oversee the implementation of the IER recommendations and lead change
management initiatives and project work. Since the recommendations of the IER were announced in December last year, the
Commission has made their implementation a priority.
No comments have been made on this post.
Copyright © 2010-2013, Chameleon Group Ltd
Web Development by Mattched IT | Powered by Cloudeware CMS
All you need to do is sign up for our newsletter and indicate your preferences below. You'll receive a daily summary email for each
type of article when new items are published.
Please be advised that the volume of Business News articles which we publish is fairly high and you should expect to receive an email
most days if you opt in for them.
You can update your preferences at any time by registering for a businesslife.co account and visiting the 'Your Profile' page.
It's easy to stay current with businesslife.co.
Just sign up for our email updates!