JFSC appendix D2 updated – 13 June 2025
16/06/2025
The JFSC have updated appendix D1 and appendix D2 of its AML/CFT/CPF Handbook, responding to the latest Financial Action Task Force (FATF) statements of 13 June 2025.
To see what has changed, go to its amendments log. See here:-https://www.jerseyfsc.org/media/4nmdcqwh/d2-amendments-log.pdf
What this means
Effective immediately, countries and territories listed under Sources 1 and 2 of Appendix D2 should be treated as not compliant with FATF Recommendations for the purpose of Article 17A of the Money Laundering Order.
Next steps
Supervised persons should:
- Review policies, procedures, and existing customer relationships, to assess the impact of these updates on their business
- Take particular care when considering placing reliance on an obliged person based in one of these countries and territories
- Discuss any concerns with your supervisor
- Supervised persons may be required to undertake additional actions to mitigate the risk.
THE KNOW YOUR COUNTRY HAS BEEN REMOVED
The Know Your Country rating column and associated link have been removed from Appendix D2, as the Know Your Country website no longer provides numerical risk scores.
This unofficial source was previously included for illustrative purposes only.
Source
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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.