Ms Pippa Marie Harbour (R) (2010-01-14)

Summary

This is a Public Statement issued by the Jersey Financial Services Commission (JFSC) under Article 25(a) of the Financial Services (Jersey) Law 1998, announcing that it has given directions under Article 23 of that Law restricting Ms Pippa Marie Harbour's future employment in the Jersey finance industry.

• Reason: Ms Harbour failed to satisfy the Commission of her true identity, preventing verification of her claimed qualifications, and she claimed qualifications based on forged degree certificates (an MBA from the University of London and a BA from the University of Reading).
• Effect: The directions prevent Ms Harbour from engaging in any employment with any registered person as defined under the Law; similar directions have been issued under the equivalent provisions of the Banking Business (Jersey) Law 1991, the Insurance Business (Jersey) Law 1996, and the Collective Investment Funds (Jersey) Law 1988.
• Duration: The directions remain in force until Ms Harbour satisfies the Commission that no grounds for them remain, at which point they may be withdrawn or varied.
• Offences: Ms Harbour commits an offence under Article 23(15) of the Law if she takes employment with a registered person; any registered person who knowingly allows her to perform a function or hold a position in contravention of the directions also commits a criminal offence.

This statement is informational and enforcement-related rather than a rule of general application; it applies specifically to Ms Harbour and to any registered persons who might consider employing her.

Key obligations

• Registered persons must not employ, engage, or allow Ms Harbour to perform any function or hold any position, as doing so knowingly in contravention of the directions is a criminal offence.
• Ms Harbour must not take employment with any registered person, as doing so is an offence under Article 23(15) of the Law.
• Anyone with information indicating that such an offence has been committed is asked to contact the Commission.

Applies to

registered persons under the Financial Services (Jersey) Law 1998, banking businesses under the Banking Business (Jersey) Law 1991, insurance businesses under the Insurance Business (Jersey) Law 1996, collective investment funds under the Collective Investment Funds (Jersey) Law 1988