The recent amendments made by the Jersey Financial Services Commission (“JFSC”) to the AML/CFT/CPF Handbook include a new section (8.8) which pro...
Menu
The Art of Compliance
There’s no point denying it. It’s a tough time to be a compliance officer. The seemingly never-ending communications from the JFSC re...
Have you captured all of your products and services?
The recent JFSC public statement and civil penalty issued by the JFSC to Lloyds Bank Corporate Markets Plc, may not at first glance be considered rel...
JPF returns – best practice
The deadline for the annual Jersey Private Fund submission by Designated Service Providers has been extended to the end of August. The DSP is re...
Sanctions Risk – is your Business Risk Assessment (“BRA”) current?
Over the past few months, most businesses have learned a great deal about sanctions, in particular how practical and effective the business’ contro...
Financial Sanctions Evasion Typologies Red Alert
The UK's National Crime Agency, Office of Financial Sanctions Implementation and other authorities have issued a Red Alert providing useful and pract...
Preparing for the Senior Manager Regime
The Jersey Financial Services Commission has launched a consultation on who should be regarded as senior managers for the purposes of the civil penal...
Understanding Foreign PEP Risks
The surfacing of multiple issues in the various Pandora Papers investigations, combined with the JFSC’s recent publication of feedback from their e...
Compliance under pressure
The recent Government / JFSC webinar which explained their consultations on proposed changes to enforcement and civil penalty powers and processes se...
