Review of the demerger of CICRA and formation of JCRA
Launch date: 29/04/2021
Review status: Review started
What is the review about?
The Economic and International Affairs Scrutiny Panel has launched a follow-up review to conclude last year's scrutiny of the demerger of CICRA (Channel Islands Competition and Regulatory Authority) and reinstatement of JCRA (Jersey Competition Regulatory Authority) as an independent entity.
Whilst the review was not completed in 2020 due to competing workloads and the previous Chair's resignation, the reconstituted Panel has agreed to complete this review with focus on JCRA's future work rather than the demerger of CICRA.
CICRA was created in 2010 as an administrative arrangement between the JCRA and the GCRA (Guernsey Competition Regulatory Authority) to share costs and expertise to work more efficiently across the two Islands. The Panel will incorporate information and evidence gathered from the previous review into its report as background.
Terms of reference
- To follow up the previous work undertaken by the Panel following the demerger of CICRA in 2020
- To examine the changes that have been made since the demerger of CICRA and the establishment of the JCRA
- To determine the potential advantages or disadvantages of the demerger and the establishment of the JCRA as a single entity
- To examine the operation of the new JCRA structure, with a particular view on its ability to operate independently both effectively and financially