Monday 4th January 2010
Mrs Helen Hatton, the Managing Director of Sator Regulatory Consulting Limited, a Jersey based company advising on regulatory strategy has been appointed Chairman of the Financial Services Commission, Anguilla.
The Anguillan authority is accountable to Alistair Harrison, the Governor of the island, who stated:
"I am delighted to announce that I have appointed Helen Hatton to be Chairman of the Board of the Financial Services Commission in succession to Dennis Cross who will be retiring early next year. Helen Hatton has twenty years experience of regulation in two offshore jurisdictions - the Isle of Man and Jersey where she was Deputy Director-General of the Financial Services Commission for ten years from 1999. She brings the experience of helping to transform the regulatory environment in Jersey, which in 1999 was blacklisted by the OECD. As Deputy Director-General she showed that she was ready to take the enforcement action which was necessary. I am confident that she can help transform Anguilla into the Jersey of the Caribbean to which we aspire - a well regulated sector with an outstanding international reputation. This means both better regulation and better promotion of the industry which can only generate more good business for Anguilla".
Sator provides consultancy, technical and investigatory assistance to financial service firms, regulatory authorities and international standard setting bodies including the IMF, FATF and World Bank.