Martin Moloney

Martin Moloney

Martin Moloney

Director General | Jersey Financial Services Commission

An accomplished financial services regulator with extensive international experience, Martin has a track-record of developing and influencing European and global regulatory policies, as well as managing operational change.

Prior to joining the JFSC, Martin worked as Special Adviser on Risk and Regulation to the Central Bank of Ireland (CBI), where he served for 16 years, previously heading up the Markets Policy, Markets Supervision, and Legal and Finance Divisions respectively.

Martin is a member of the Board of the International Organization of Securities Commissions (IOSCO) and he is an alternate member of the European Securities and Markets Authority (ESMA), as well as Chair of the latter’s Investment Management Standing Committee. He has been Chair of the European Systemic Risk Board’s Expert Group on Investment Funds and has represented Ireland on the EU Committee of Securities Regulators.

Martin has a strong appreciation of financial regulation. He had a leading role within the CBI in formulating policy for AIFMD, EMIR, and MIFID II and led the development of supervisory processes in relation to the Prospectus Directive and the Market Abuse directive. Prior to moving into securities regulation, Martin led the initial implementation of the Irish administrative sanctions enforcement regime and the regulatory levy system and had responsibilities with regard to anti-money laundering.

Martin’s experience is primarily across funds, investment/asset management and as part of the management team of the Irish integrated regulator within the CBI, where he developed regulatory experience in relation to banking regulation and insurance regulation. His recent experience includes matters relating to post-Brexit authorisations.

In his Special Adviser role, Martin took a keen interest in the CBI’s approach to Fintech and innovation, which led to the establishment of an innovation hub in the CBI. Prior to joining the CBI, Martin worked for brief periods in the Department of Justice and the Irish Competition Authority, and spent ten years working in the Irish Department of Finance in positions of responsibility in relation to both national and semi-State debt management and the sale of State banks.

Martin spent his early career working in Industry at Barclays Bank and the Bank of Ireland in London. Martin has an LLM in Business Law and a Masters qualification in Economic Policy, both from Trinity College Dublin. He has Postgraduate Diplomas in Arbitration, Regulatory Management and has completed professional examinations of the Chartered Institutes of Bankers and the Chartered Institute of Arbitrators.

Talk Synopsis

Board responsibilities in the governance of cyber security risks as expected by the Commission

The Director General will speak about the importance of executive level ownership of cyber risk, how the JFSC approaches this and what they except from industry.