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Jersey Police helps bust multi-billion Russian money laundering network

06/12/2024

Another Forbes under 30 on their way to prison for financial crimes

06/12/2024

JFSC 8-week consultation - enhancing the employee background checks process.

05/12/2024

Lombard Odier Bank and a former employee were indicted in Switzerland for aggravated money laundering.

02/12/2024

£59 billion of suspicious funds purchase UK properties through Britain’s Overseas Territories

29/11/2024

The JFSC added lots of additional information to its ML/PF/TF source webpage.

29/11/2024

New failure to PREVENT FRAUD guidance published [6 November 2024]

29/11/2024

After an accused employee dies Credit Suisse is acquitted of money laundering offences.

29/11/2024

OFAC designates Gazprombank, along with its six wholly owned foreign subsidiaries.

29/11/2024

Company director jailed for money laundering operation along with his HMRC collaborator wife

29/11/2024

Safe Hands funerals collapse: JERSEY COURT freezes funds pending the outcome of SFO criminal investigation.

28/11/2024

UK court finds man guilty of terrorism offences after sending $350 to his nephew.

28/11/2024

IOM FSA Videos to raise awareness of proliferation financing risks.

28/11/2024

FCA's upcoming FINANCIAL CRIME 5-year strategy…its all about data, technology and prosecutions

28/11/2024

The JFSC has published its action plan [x25 actions] in response to Jersey’s 2024 MONEYVAL Mutual Evaluation Report.

28/11/2024

The Basel Institute - Money Dirtying: From Clean Funds to Illicit Payments

28/11/2024

RUSI 'Guide to Conducting a National Proliferation Financing Risk Assessment' threats, vulnerabilities, and consequences.

26/11/2024

The Wolfsberg Group shares a common lexicon in the digital assets space.

26/11/2024

Damning report on the REGULATOR is out – verdict includes "INCOMPETENT AT BEST, DISHONEST AT WORST",

26/11/2024

IOM FSA fined HSBC Bank PLC IOM Branch ("HSBC") £293,930.00 (after discount) for two payment errors

26/11/2024

The UK’s FCA publish a comprehensive roadmap to regulate crypto assets by 2026.

26/11/2024

Your AML/CTF/CPF policy and procedures cannot be half-baked in Jersey (or elsewhere).

26/11/2024

JERSEY RULES FOR FORMULATING A SUPERVISED FIRM’S AML/CTF/CPF POLICIES AND PROCEDURES

26/11/2024

Lying on your CV may trigger a POC recovery and jail time.

25/11/2024

BANK OF MAURITIUS - Guideline on Compliance Risk Management and Governance Framework [November 2024]

25/11/2024

RUSI 'Guide to Conducting a National Proliferation Financing Risk Assessment'

25/11/2024

COMMUNIQUÉ - FSC’s statement on US SEC Indictment of Mr. Gautam Adani and Others

25/11/2024

Proliferation financing (PF) & weapons of mass destruction (WMD) risks associated with specific countries.

25/11/2024

JCRA BUSINESS PLAN 2025 - Draft for Consultation – November 2024

25/11/2024

The Wolfsberg Group shares a common lexicon in the digital assets space.

25/11/2024

The regulator is opaque, unaccountable, and “widely seen as incompetent.”

25/11/2024

JERSEYGOV November Consultation on Crypto-Asset Reporting Framework, amendments to CRS & AEOI

25/11/2024

A money launderer who used a Jersey bank account will be extradited to the island.

25/11/2024

The Jersey Criminal Offences Confiscation Fund (COCF) uses dirty money for good deeds

24/11/2024

A British businessman violates Russian sanctions by selling luxury perfume but is not punished.

24/11/2024

How many UK-sanctioned monetary penalties have been issued since the Russia-Ukraine conflict?

24/11/2024

UK sanction enforcement: do you know your OTSIs from your OFSIs?

24/11/2024

Jersey is the best island in the British Isles - Guernsey is seventh.

22/11/2024

GFSC is considering appealing the Weighbridge Trust Limited judgement.

22/11/2024

The Guernsey court has dismissed a PCC Director’s appeal against GFSC sanctions.

22/11/2024

JERSEY will extradite a Money-laundering hotelier from Alicante

22/11/2024

JERSEYGOV financial services & crime amalgamation

21/11/2024

STOP PAYING TOO MUCH FOR YOUR OVERNIGHT SANCTION, PEP AND ADVERSE MEDIA DATA.

21/11/2024

Understanding JFSC & Professional Indemnity Insurance (PII) requirements

21/11/2024

The Wolfsberg Group’s Country Risk FAQs are indispensable for financial institutions (FIs)

21/11/2024

Jersey’s sustainable finance action plan is published today, 21 November 2024

21/11/2024

The UK SFO investigating suspected bribery and corruption at Thales, the aviation and defence electronics group.

21/11/2024

A jeweller is fined US$26,000 for failing to perform customer due diligence [CDD]

20/11/2024

Jersey Activist arrested under TERROR LAW stays defiant.

19/11/2024

JFSC release Bitesize feedback for virtual asset service providers on the Travel Rule

19/11/2024

BANK OF MAURITIUS - Guideline for Virtual Asset-related Activities [November 2024]

19/11/2024

Jersey police arrest Palestine campaigner arrested under Jersey terrorism law [15 November 2024]

18/11/2024

Money launderer sentenced to 5 years after theft of 120,000 bitcoin from a global crypto exchange.

15/11/2024

A Mauritian company is a $US1.3 million victim of Mexican scammers.

15/11/2024

🚀 Comsure Jersey offers in-house training for the "Digital Operational Resilience Act" (DORA) Foundation Certificate! 📚✨

15/11/2024

Six Syrians detained in Cyprus for alleged terror financing.

15/11/2024

JFSC expectations of a senior manager's responsibilities and accountabilities

14/11/2024

The US BIS's latest enforcement report highlights cases of export control violations.

14/11/2024

NCA reveals Luxembourg bank's role in moving embezzled Azerbaijani funds into British real estate.

13/11/2024

UWO: taking the proceeds of crime from those who cannot prove legitimate provenance.

13/11/2024

Comsure Services is here to support you through challenging times! 🌟

13/11/2024

What lessons can be learned from Guernsey and Jersey's recent public statements and fines?

13/11/2024

The UNODC Paper on Organised Fraud – a real and present danger

12/11/2024

JFSC issue a Zero [£] fine against Jersey Post Limited….but what about its directors.

12/11/2024

Project Guardian:- fund and asset tokenisation report is out.

11/11/2024

FCA secures convictions against two individuals for £1.5m CRYPTO FRAUD

11/11/2024

Guernsey HM Procureur issues Code of Practice on Deferred Prosecution Agreements - April 2024

11/11/2024

Crypto firm operator is charged with money laundering and tax crimes.

11/11/2024

A businessman is charged with laundering Azerbaijan funds through Luxembourg Bank.

10/11/2024

🚀 Attention Jersey NEDs! End of Year Financial Crime Prevention (FCP) workshop 🌟

08/11/2024

UNODC report on beneficial ownership transparency across ASEAN nations and Timor-Leste

08/11/2024

Switzerland - Two men charged with money laundering Funds and gold worth millions moved across borders.

08/11/2024

£370,000 drug money seized from Colombian drug kingpin (“Don Efra”) Guernsey Trust.

08/11/2024

JFSC issues public statement regarding Jersey Post Limited for serious regulatory contraventions

08/11/2024

Guernsey Law Officers assisted the UK NCA in the first UWO, which involved a golf club in Ascot and a house in Knightsbridge.

08/11/2024

Guernsey Law Officers co-operate with USDJ on 1MDB, the billion-dollar Malaysia corruption case.

08/11/2024

JFSC issued an enforcement public statement and ZERO fine on Jersey Post Limited

08/11/2024

The Home Office guidance on 'failure to prevent fraud’.

07/11/2024

Arrested for Allegedly Conspiring to Violate Venezuela-Related Sanctions through Complex Global Arrangements

07/11/2024

I am an insurance broker [e.g. GIMB] – why do I need to sanction screen my customers

07/11/2024

JFSC VIDEO on its Industry survey response on Registry improvements

07/11/2024

JFSC NOVEMBER Watch: Supervision monthly update - November 2024

07/11/2024

Corruption risk factors highlighted in KLEPTOTRACE Handbook

05/11/2024

Fake goods and financial crime & terrorism. Are you participating?

04/11/2024

LONG ARM OF US SANCTION LAW TICKLES TWO SWISS LAWYERS

04/11/2024

Singapore bedtime and weekend reading as 7 NRAs published.

04/11/2024

FCA statement on Court of Appeal judgment on car dealers and their commissions’

04/11/2024

Mauritius Social Media Ban Reversed in Mauritius

04/11/2024

$1 billion laundered through a complex network of countries, shell companies and offshore bank accounts – lessons learned?

04/11/2024

🚨 IMPORTANT UPDATES🚨 shared crucial insights on the regulatory framework for DNFBPs and VASPs.

03/11/2024

Join Comsure and its expert speakers from Endida to Elevate Your Cybersecurity Strategy!

01/11/2024

Signatures for Sale: How Nominee Services for Shell Companies Are Abused to Conceal Beneficial Owners

01/11/2024

Notorious fraudster Gerald Smith is accused of hiding assets and using a strawman.

01/11/2024

The export of military goods leads to Guernsey's jail sentences.

01/11/2024

Ben Shenton again raises an important issue in his JEP about Jersey and, in this instance, its capital, St Helier.

01/11/2024

Underground Banks - “Hawala”, "Fei Ch'ein", or "Daigou

01/11/2024

Mauritius suspends social media until after election amid wiretapping scandal - November 1, 2024

01/11/2024

The wiretapping scandal in Mauritius has caused significant turmoil in the country.

01/11/2024

The UK removes a licensing ground for sanctioned trade services under the Russian regime.

01/11/2024

UK court says:- that car dealers must explicitly disclose the commissions they receive from finance lenders.

31/10/2024

£21bn Payout for Motor Finance Mis-Selling Victims following a Landmark Court of Appeal Ruling?

31/10/2024

15 years in prison for orchestrating the 2018 murder of Mārtiņš Bunkus after a SAR/STR

31/10/2024

Dubai’s DIFC Suspends Firms Said to Be Key to Iran Oil Kingpin

31/10/2024

Jersey firms:- If you don’t have a DPO, do you have a Data Protection Lead (DPL)?

31/10/2024

UK Companies House – 1st Strategic Intelligence Assessment Highlights Red Flags of Crime.

31/10/2024

UK directors are exceptional—some are 123 years or older, and one is a son of God.

31/10/2024

Game Over:- UNODC Exposes the Link Between Corruption and Organized Crime in Sport.

30/10/2024

The UK, EU, and Canada have imposed new sanctions targeting the MYANMAR military regime and its associates.

30/10/2024

Convicted of Conspiring to Export US-Made Drill Rigs to Iran in Violation of US Sanctions Laws

30/10/2024

15 Months in Prison for Fraud, Money Laundering, and Unlawful Export of Technical Data

30/10/2024

Banca Progetto put into administration over 'mafia ties'

30/10/2024

Volkswagen Finance £5.4m FCA Fine for failing to treat its customers in financial difficulty fairly.

30/10/2024

30 Sept 2024 - worldwide freezing injunction against the assets of Ms Dos Santos remains.

30/10/2024

The FCA has published key findings of its culture and non-financial misconduct survey.

30/10/2024

Understanding who meets the threshold of Senior management in a Jersey JFSC-regulated/supervised firm.

29/10/2024

A top UK tax lawyer is charged with evading taxes. This is the first case of its kind against a KC.

29/10/2024

The JEP’s Orlando Crowcroft's thoughts one month on

29/10/2024

LOOPHOLE MASTERS - How enablers facilitate illicit financial flows from Africa

28/10/2024

6 Russian disinformation actors added to UK Russia Sanctions Regime.

28/10/2024

FATF preliminary report from October 2024: grey list outcomes [+4] added – [-1] removed

27/10/2024

JERSEY FIU 2024 Q3 SAR REPORT DATA

27/10/2024

JERSEY FIU 2024 Q3 SAR REPORT DATA – A DEEP DIVE ON SOME NUMBERS

27/10/2024

Russia FATF's 'blacklisting' rejected by China, India and others.

27/10/2024

UK [JERSEY] Sanction Legal Services General Licence (GL) for Russia & Belarus updated.

27/10/2024

Tokenising real-world assets ("RWAs") in Jersey – legal and regulatory steps to launch

27/10/2024

Briefing on Legal Remedies for Victims of Fraud Involving Immutable Blockchain Transactions in Jersey

25/10/2024

FinCEN Alert & Red Flags to Counter Financing of Hizballah and Its Terrorist Activities

25/10/2024

The US can prosecute Halkbank for assisting with Iran sanctions evasion

25/10/2024

Guernsey prohibit Mr Stephen Paul Dewsnip from performing any function on behalf of a regulated entity

25/10/2024

Adams notes from the JFSC DNFBPs annual update on 23 October 2024

24/10/2024

JFSC AI-powered regulatory chatbot - Meet 'Reggie' [in beta]

24/10/2024

WATCH - Saifuzzaman Chowdhury's half-billion-dollar property empire built on a $13,000 salary.

24/10/2024

Effective Cyber Risk Management: A Best Practice Governance Guide

24/10/2024

Airbus Kept in Touch With Middleman on Controversial Kuwait Helicopters Deal as Bribery Probe Unfolded

24/10/2024

Jersey adopts UK sanctions through its legislative [SAFL/SAFO] framework.

24/10/2024

All thanks to diligent MLRO reports, cultural artefacts are returned to India.

24/10/2024

Russell King - The Trillion Dollar Conman: The Astonishing True Story of the Most Audacious Fraud in Sport – the book is out

24/10/2024

Asset tokenisation – hurdles to success:

24/10/2024

JERSEY DIRECTOR'S DUTIES TO PREVENT AND DETECT FINANCIAL CRIME – NOT ALL DIRECTORS ARE EQUAL!!

23/10/2024

A Julius Baer private banker is set to plead guilty to abetting in a S$3 billion money laundering case.

23/10/2024

Panama cancels sanctioned vessels.

23/10/2024

A Bangladesh PEP has $500m worth of property despite a $13,000 PA salary & $12,000 CCY controls.

23/10/2024

WATCH - The Epic Downfall of Vietnam’s Real Estate Queen

23/10/2024

The UK has amended its C/Terror guidance to include director disqualifications.

22/10/2024

JFSC DNFBPs links for its annual update on 23 October 2024

22/10/2024

The Isle of Man embroiled in a ‘transnational laundromat’ washing the criminal proceeds

22/10/2024

JFSC Consultation on 2025 fees

21/10/2024

Jersey Companies Law consultation on amendments (Deadline for comments - 13/12/2024)

21/10/2024

The JFSC “Dear CEO: Cyber Security Reminder to Businesses” industry [2016 – still relevant]

20/10/2024

The Crime (Public Order) (Jersey) Law 2024 - addressing modern-day offences.

18/10/2024

Nothing to see here. The JFSC Dismisses Claims in JEP Investigative Series

17/10/2024

15 October, Update to the UK Sanctions List: Global Human Rights Regime

16/10/2024

Open letter from the JFSC Chair to the JEP

16/10/2024

ZEDRA and BELASKO should have known their CUSTOMER A - do you have an unknown CUSTOMER A

16/10/2024

ZEDRA should have known what risks were associated with Client A.

16/10/2024

Is FATF going to BLACKLIST Russia? It may happen on OCT 22nd !!

16/10/2024

GFSC Approach to Risk-Based Supervision – a refresher event and slides

15/10/2024

GFSC issue £105,000.00 fine on Zedra Trust Company (Guernsey) Limited and Mr Colin Andrew Borman

15/10/2024

x2 Former Monaco bankers were convicted for laundering Italian money and x4 others for failing to report

14/10/2024

Jersey’s Deputy Ian Gorst says, ‘I want us to get back to having a regulator that can advise’.

14/10/2024

Money Laundering Bank “TD Bank” fined $3bn in historic settlement

14/10/2024

TD Bank Pleads Guilty to Bank Secrecy Act and Money Laundering Conspiracy Violations in $1.8B Resolution.

14/10/2024

EU makes Iran designations over missile transfers [14 October 2024]

14/10/2024

OFSI amends humanitarian activities GL to include Lebanon [14 October 2024]

14/10/2024

A Sanctioned person transfers their assets into trust – are they now out of scope for sanction freezes?

14/10/2024

x2 Vistra BVI entities were fined $276,500 for AMLTF failures.

14/10/2024

Compliance function: Key Persons Regime GREEN PAPER Issued on 11 October 2024 & closes 6 December 2024.

12/10/2024

Annual Reporting Requirements (Russia Regime) - 31st October

12/10/2024

FATF says there are ‘serious money laundering shortcomings in Kuwait’

11/10/2024

FATF NEWS – will this be the end of greylisting for some countries?

11/10/2024

37 UK-linked firms suspected of busting Russia sanctions.

11/10/2024

On 20 September 2024, the JFSC fined Belasko Jersey Limited £19,211.73

11/10/2024

JERSEY and the JFSC understanding sustainable finance & anti-greenwashing code of practice.

10/10/2024

8 October 2024: EUs new sanction regime allows it to address a variety of Russian hybrid threats.

10/10/2024

9 out of 195 countries have designated Hamas as a terrorist organisation.

09/10/2024

Is the JFSC Sound Business Policy [SBP] list to change? Five new activities to be added?

09/10/2024

JFSC Q2 Registry Supervision Inspection Programme feedback – including GOOD AND BAD observations.

09/10/2024

Court date set for 1st June 2027 for Glencore’s former employees for alleged corrupt payments.

09/10/2024

JFSC Conflicts of Interest thematic examination 2024/2025 – questionnaire is available.

08/10/2024

The largest money laundering prosecution brought before a British judge is happening now October 2024

08/10/2024

JERSEY’S confiscations under the Forfeiture Civil Law – Jersey’s UWO

08/10/2024

🚀 Exciting news for all newly JFSC registered Non-Executive Directors (NEDs) in Jersey! 🌟

08/10/2024

Jersey SCH2 NEDs! End of Year Financial Crime Prevention (FCP) workshop 🌟

08/10/2024

JEP DAY 3 JFSC EXPOSE - Saturday 5 October 2024

07/10/2024

Following a three-day JEP expose Ben Shenton shares his own thoughts and experiences on the JFSC.

07/10/2024

JEP DAY 3 JFSC EXPOSE – The Weekend Essay - Saturday 5 October 2024

07/10/2024

JFSC response to JEP allegations regarding the JFSC’s conduct.

07/10/2024

FCA wins appeal in BlueCrest “conflicts of interest failings” case.

05/10/2024

An overview of the JFSC 2023 examination feedback on countering the financing of terrorism and proliferation financing [“TF/PF.”]

04/10/2024

Understanding the New UK Banking Regulations on Fraud – Are you and the banks prepared for October 7?

04/10/2024

Jersey JEPs Part 2 - An overzealous regulator that bullies and terrifies?

04/10/2024

Evil Corp cybercriminals unmasked and sanctioned.

03/10/2024

Ben Shenton – JEP – article on “Vulnerability affects people of all backgrounds. Income hardship can affect those not on benefits.”

03/10/2024

JEP Investigation: Who is watching the watchdog?

03/10/2024

JFSC updated its Fund and security services activities SCH2 Guidelines

03/10/2024

The first of a multi-part series by JEP investigations into the Jersey Financial Services Commission

03/10/2024

The EU has its own Magnitsky [human rights] sanctions, like those in the US, Canada and UK

03/10/2024

OECD 2018 guidance on 'golden passport' tax abuse and FIs raising further questions.[EDD]

03/10/2024

JFSC 2023 examination feedback on countering the financing of terrorism and proliferation financing [“TF/PF.”]

03/10/2024

CJSC Alfa Bank Belarus (Unique ID: BEL0166) added to the UK Sanctions List: Belarus Regime -

03/10/2024

JERSEY/UK SANCTION UPDATE - a detailed update on UK sanctions news for September and October 2024 [up to the 2ND]:

02/10/2024

OFSI has issued its first FINE for breaches of sanctions imposed in response to Russia’s full-scale invasion of Ukraine.

02/10/2024

The U.S. and Australia, imposed sanctions on 16 members of Evil Corp.

02/10/2024

FCA fine Starling Bank Limited £28,959,426 for financial crime fails

02/10/2024

5 NEW myJFSC forms – X4 AMLSP & X1 Cease to Act for KEY and PRINCIPAL PERSONS.

01/10/2024

Reforming AML and CTF supervision – and still we wait on the UK.

01/10/2024

🚀 Exciting COMSURE Update! 🚀 Consultants are now available for our clients in Jersey! 🌟

01/10/2024

IFCs linked TO Pig Butchering Scams being indited by the SEC Charges - 3 Individuals, 5 Companies charged

01/10/2024

SAR CONSENT - Indefinite informal asset freezes the story continues

29/09/2024

Guilty of using a JERSEY BANK ACCOUNT to hide money obtained through tax fraud in the UK.

29/09/2024

Offshore virtual currency exchange sanctioned for facilitating cybercrime

29/09/2024

An ex-partner is fined while the city law firm is cleared of breaching money laundering regulations.

29/09/2024

Comsure’s Jersey ANTI-FINANCIAL CRIME [AFC*] and effectiveness training last QTR. 2024 and into 2025🚀

29/09/2024

JFSC 2024 updates to Supervisory Risk Data Collection – be ready for more work!!

29/09/2024

Comsure’s Jersey ANTI-FINANCIAL CRIME [AFC*] and effectiveness training last QTR. 2024 and into 2025

27/09/2024

JPMorgan Chase and HSBC facilitated transactions to Russian warlords sanctioned since 2016

27/09/2024

Sanctions Explorer is a project. A source of all current and historical sanctions across all major sanctioning authorities

27/09/2024

G7 Updated Guidance on Preventing Russian Export Control and Sanctions Evasion:

25/09/2024

The JEP wants your thoughts about the Jersey Financial Services Commission [JFSC] [complete the survey]

25/09/2024

British American Tobacco 2023 fine the largest fine against a non-financial institution in OFAC’s history

25/09/2024

Following policies and procedures alone does not [necessarily] demonstrate an organisation's culture:

25/09/2024

“Preparing for a regulatory visit?” – how to ensure a smooth and successful examination with the right approach.

25/09/2024

Sanction busting – How Brand new luxury British and European cars are entering Russia

24/09/2024

Dr Gerald Smith back in prison for fraudulent £50,000 Covid bounce back loan.

24/09/2024

OPBAS says that some professional body supervisors (PBSs) are ineffective in stopping financial crime.

24/09/2024

Is proliferation financing a money laundering offence, a terrorist offence, or a standalone offence?

23/09/2024

Singapore, China and a $2 Billion Money Laundering Scandal [video 9 min watch]

23/09/2024

The UK announces £348k in dual-use goods & military goods export violation settlements.

23/09/2024

Jersey’s JFSCs view on effective compliance monitoring.

20/09/2024

Banksters: HSBC, the Untouchable Titan of Global Finance [video documentary 57 mins]

20/09/2024

GFSC Approach to Risk-based Supervision – workshops so you understand the mechanics of the GFSC.

18/09/2024

Principal persons, key persons, and AMLSPs upcoming enhancements to myJFSC

17/09/2024

EU interprets the ‘close family member’ criterion and maintains Mordashova’s Russia sanctions listing.

17/09/2024

Capital International Limited (‘CIL’) was fined £119,596 by IOM FSA for failings in AML/CTF/CPF.

17/09/2024

UK launches new online system for applying for export licences SIEL - LITE,

17/09/2024

PROLIFERATION FINANCING - Exporting items on the NSG ‘Trigger List’

17/09/2024

Crypto Queen - Follow the money - Fenero described the payment as a "loan for CryptoReal."

16/09/2024

Hague Court of Appeal upholds conviction for breach of Dutch ISIS sanctions.

16/09/2024

Regulation in Jersey - do we get the balance right? 🤔

16/09/2024

The UK announces £348k in dual-use goods & military goods export violation settlements.

15/09/2024

OFSI [& JERSEY] advisory note on the risks posed by North Korean workers.

15/09/2024

Update to the UK Sanctions List: Russia Regime 10 ships added to list.

13/09/2024

JFSC next thematic visits - Conflicts of Interest [CoI]

13/09/2024

FCA enforcement data shows a sharp increase in s.166 retail & consumer protection reviews.

13/09/2024

Is the UK effective in detecting and preventing the use of financial crime? Two recent cases suggest it is not.

12/09/2024

JERSEY – as of 10TH Sept 2024, 'LOW-RISK DIRECTOR' is defined in law, and exemptions are applied.

12/09/2024

Strawmen from Cyprus, Slovakia, and the EU were involved in €30ml VAT fraud and money-laundering schemes.

12/09/2024

An associate of former Maltese Prime Minister is indicted in Cyprus for corruption, bribery, and money laundering.

12/09/2024

In Jersey, there is no statutory protections for whistleblowers – but it may be here in Dec 2024!!.

11/09/2024

French sanctions breach trial for commander of a Russian ship

11/09/2024

Financial Services (Disclosure and Provision of Information) (Jersey) Amendment Law 202- Adopted by the States 11 September 2024

11/09/2024

2021-2023 Best Egmont Case Book is published 📚✨

11/09/2024

STEP – Issue a new report on ‘Tackling Economic Crime’.

11/09/2024

Diligencia 10th September 2024 - Middle East & Africa Corporate Intelligence Briefing 'Making the Invisible Visible'

10/09/2024

Six former Glencore employees appear in court charged with bribery offences [10 September 2024]

10/09/2024

Former Swedbank CEO sentenced to 15 months in prison for gross fraud.

10/09/2024

The JFSC delays Compliance function and Fees consultation to October 2024

10/09/2024

Update to the UK Sanctions List: Russia regime (Shipping)

10/09/2024

US citizen & Russian citizen charged over exporting laser equipment to Russia.

10/09/2024

94 Red flags were missed in the “tuna bonds" $825 million claim

09/09/2024

Whistleblowing to the JFSC - The JFSC has updated its whistleblowing page on its website.

09/09/2024

AML IDV WOULD YOU SPOT A NOVELTY DOCUMENT?

08/09/2024

Does an EU notary or an interpreter infringe the prohibition on providing legal advisory services to a legal person established in Russia? NO

06/09/2024

Former BVI premier sentenced to 11 years in prison for cocaine-trafficking conspiracy.

06/09/2024

Over £200K of bribe money returned to Thailand from a Jersey bank account.

06/09/2024

A US$2.1m fraud recovery case is a timely reminder to check the legitimacy of agreements and documents.

06/09/2024

AI is trying to scam Channel Islanders – watch out, be careful, and report if there is an incident.

06/09/2024

Jersey Returns £230,000+ of bribe money to the US for the Kingdom of Thailand.

05/09/2024

Dual U.S. and Iranian Citizen Arrested for Unlawfully Exporting U.S. Technology to Iran

05/09/2024

KHMER TREASURES RETURNED TO CAMBODIA. NEXT UP THE $12 MILLION HELD IN JERSEY?

05/09/2024

UAE a key intermediary hub for illicit financial flows from the region and beyond?

05/09/2024

Jersey low risk directors - don’t forget there is still AML work to do.

05/09/2024

UK suspends export licences to Israel

04/09/2024

Nordea to pay $35 million to end Panama Papers-linked money laundering probe.

04/09/2024

JFSC MONEYVAL VIDEO UPDATE

04/09/2024

Show me the money - Isabel dos Santos’ sprawling financial empire where is it?

04/09/2024

Using JFSC data for your AFC BRA and strategies.

04/09/2024

SMEs are increasingly becoming a prime focus for cybercriminals. The strategic importance of good cyber hygiene

04/09/2024

JERSEY LOW-RISK AML NOW IN THE LAW = Director [less TCB directors], the COOP, and Crown & Anchor

04/09/2024

IN THE BALANCE, RIGHT? "The power dynamic between the inspector and those being inspected."

03/09/2024

Terrorist-linked individuals banned from travelling to the UK and Jersey (Guernsey not mentioned!!)

02/09/2024

Update to the UK Sanctions List: Iran (Sanctions) Regulations 2023 Regime

02/09/2024

Hungarian national arrested for exporting military-grade radios to Russia

01/09/2024

“Big firm” executives are rarely held accountable for economic crime, financial wrongdoing, and/or regulatory breaches.

01/09/2024

Mauritius 2024 Conference Pack

30/08/2024

Comsure Mauritius 2024 conference update – FSC added another speaker to the programme.

23/08/2024

GFSC Estate Agency, Legal and Accountancy Services AML FEEDBACK

23/08/2024

JFSC Virtual asset service providers' feedback – read and watch

20/08/2024

Trade finance fraud: The intricate web of balance sheets, fragmented information, and human biases

19/08/2024

Complimentary CPD Briefing on gathering corporate intelligence in the Middle East & Africa

18/08/2024

BVI and Gibraltar facilitated offshore tax scams that resulted in 2 years imprisonment for UK developers

18/08/2024

Money Laundering and Dishonest Assistance

18/08/2024

PwC was fined £15m for failing to alert the FCA to suspected fraudulent activity at LCF.

16/08/2024

The US-FED REPORT on $7 billion Crypto ML Tumbler - Tornado Cash

15/08/2024

Bulgarian national extradited to the US for violating export controls.

15/08/2024

The Office of Foreign Assets Control (OFAC) has updated its contact process.

15/08/2024

Comsure financial crime conference AUG 30TH - Meet the speakers - Sanjana Kissoondharry.

15/08/2024

Comsure financial crime conference AUG 30TH - meet the speakers - Associate Professor (Dr) Sheeba Armoogum (Ph.D in Cybersecurity)

15/08/2024

Comsure financial crime conference AUG 30TH - meet the speakers - Dipty Gajadur.

15/08/2024

Comsure financial crime conference AUG 30TH - Meet the speakers - Mrs Renu Audit

15/08/2024

Trade-Based Money Laundering Trends and Developments

15/08/2024

$2.3 billion in dollar and euro bills have been shipped to Russia since March 2022 ban following the invasion of Ukraine,

15/08/2024

Elizabeth Denham CBE to chair The Jersey Data Protection Authority (JDPA)

12/08/2024

The United Nations Convention against Cybercrime has been adopted

11/08/2024

Former Finance Minister Guilty of Participating in $2 Billion Fraud, Bribery, and Money Laundering Scheme

11/08/2024

Election rigging bribes of $1 million result in bribery and money laundering charges

11/08/2024

Cyprus Co helps Belarus entity move agricultural fertilizers to Russia in breach of EU sanctions.

11/08/2024

IOM PTC is connected to a tax avoidance scheme subject to an HMRC stop notice.

11/08/2024

‘CryptoQueen’s’ Guernsey property companies hit by asset freeze.

11/08/2024

Guernsey linked to Zamira Hajiyeva’s £10 million golf course named in the UK NCA civil recovery action

11/08/2024

After 5 years, H2O is finally taken to task by the FCA albeit no Fine

11/08/2024

IOM FSA ESTATE AGENTS AML/CFT THEMATIC REVIEW - PHASE 1 REPORT

11/08/2024

Mauritius Beneficial Ownership Register and who is a beneficial owner?

11/08/2024

The Mastermind Behind the $4 Billion 1MDB Con [video learning]

06/08/2024

How Russian Hackers Stole Millions from U.S. Investors — Putin's Trader [Video Documentary]

06/08/2024

Azerbaijani Laundromat, the IBA and Zamira Hajiyev

06/08/2024

UK updates guidance following amendment to Russia regulations

06/08/2024

THE JFSC PLAN GIMB CONDUCT OF BUSINESS VISITS

06/08/2024

Mauritius 4-hour AML/CTF/CPF Masterclass on August 27th

05/08/2024

UK Luxury properties, including a golf course forfeited [UWO]

05/08/2024

Oct 2024 – one-day workshop for Jersey business owners and leaders to transform their business success.

05/08/2024

UK updates guidance on export controls applying to unpublished/published academic research

05/08/2024

2024 onwards, a whole new world for the Financial Action Task Force?

05/08/2024

Comsure 6TH Annual Conference on August 30th – The FSC added to the line-up

05/08/2024

The Comsure Mauritius conference speaker lineup now includes the FSC.

05/08/2024

JOIN COMSURE'S MAURITIUS MASTERCLASS [AUG 27] TO UNLOCK YOUR COMPLIANCE POTENTIAL:

05/08/2024

A law firm has been fined £46,000 for failing to have proper AML procedures.

01/08/2024

5 former Glencore executives and employees are accused of bribing government officials.

01/08/2024

The UK SFO charged five former Glencore employees with conspiring to make corrupt payments.

01/08/2024

INTERPOL warning about the extent of money laundering in Nigeria

31/07/2024

The GFSC newsletter, The Leopard, July edition is out.

31/07/2024

JERSEY FIU [Q2 2024] a new typology on Bribery and Corruption – PEP Scenario

31/07/2024

JERSEY FIU [Q2 2024] SAR quarterly Report has been published.

31/07/2024

The UK published its second Economic Crime Plan for 2024-26.

30/07/2024

NCA recovers £780,000 in the first UK forfeiture of sanctioned funds.

29/07/2024

Mozambique wins its $3.1 billion claim against Abu Dhabi shipbuilder Privinvest

29/07/2024

ADEQUATE CONSIDERATION – PROCEEDS OF CRIME IN SUPPLY CHAINS [BE CAREFUL]

29/07/2024

GFSC fine Equiom (Guernsey) Limited £455,000.00 for AML/CTF failures

29/07/2024

Mauritius AML Miscellaneous Provisions Act introduced in the National Assembly on 2 July 2024

29/07/2024

COMSURE’S 6TH ANNUAL MAURITIUS FINANCIAL CRIME CONFERENCE

29/07/2024

JERSEY BUSINESS SUCCESS WORKSHOP - How to Attract and Win New Customers

29/07/2024

Extradited from the UK to the US for alleged Iran export control violations.

26/07/2024

Hong Kong has gone rogue and now plays a leading role in sanctioned evasion.

26/07/2024

MONEYVAL….JERSEY SCORES AND DEFINITIONS

26/07/2024

Post MONEYVAL JERSEY Ministerial Priorities and High-Level Action Plan [July 2024]

25/07/2024

$4.5 Billion fine for Crypto Asset Securities Fraud

25/07/2024

FCA fined Coinbase £3.5mn for providing payment services to more than 13,000 “high-risk” customers.

25/07/2024

Jersey - The results of the second consultation on the draft Cyber Security (Jersey) Law have been published.

25/07/2024

Jersey MoneyVal – x4 significant quotes that may provide some relief to many.

25/07/2024

JFSC Guidance Note: For what comprises “Advice” as opposed to “Arranging” in the context of Trust Company Business [Jan 2024]

25/07/2024

Complimentary CPD Briefing on gathering corporate intelligence in the Middle East & Africa

25/07/2024

COMSURE’S 6TH ANNUAL MAURITIUS FINANCIAL CRIME CONFERENCE

25/07/2024

MONEYVAL….Now watch the movie if you have read the 2024 JERSEY Report.

24/07/2024

2024 MONEYVAL Report: Jersey among Top 10 jurisdictions worldwide for FATF Compliance (but Stuff Still to do)

24/07/2024

HARROW SCHOOL 'RECEIVED FEES FROM MONEY-LAUNDERING NETWORK’.

24/07/2024

Sanctioned for human rights abuses, including “systematic and widespread sexual and gender-based violence”:

24/07/2024

The JFSC welcomes Jersey’s strong MONEYVAL outcome and Government of Jersey’s strategic review

24/07/2024

SRA reported two law firms to OFSI for breaching sanctions on Russia.

24/07/2024

FCA SAYS 18% of financial services and over 30% of accountancy firms are non-compliant with AML/CTF RULES

23/07/2024

After 10 years Nordea bank is charged with money laundering violations.

23/07/2024

Complimentary CPD Briefing on gathering corporate intelligence in the Middle East & Africa

23/07/2024

COMSURE’S 6TH ANNUAL MAURITIUS FINANCIAL CRIME CONFERENCE

23/07/2024

UK Chemical weapons sanctions updated guidance

22/07/2024

Inside the biggest art fraud in US history – podcast

22/07/2024

RUSSIA’S “SHADOW FLEET” ADDED TO UK SANCTIONS

22/07/2024

Virtual Assets: Targeted Update on Implementation of the FATF Standards on VAs and VASPs

22/07/2024

Lithuania Imposes Record Fine on Crypto Company Over Sanctions

22/07/2024

Complimentary CPD Briefing on gathering corporate intelligence in the Middle East & Africa

22/07/2024

COMSURE’S 6TH ANNUAL MAURITIUS FINANCIAL CRIME CONFERENCE

22/07/2024

FCA wants firms to treat PEPS fairly

21/07/2024

German nationals convicted for Russian drone exports.

21/07/2024

PUTIN’S “SHADOW FLEET” ADDED TO UK & OTHER COUNTRY SANCTION LISTS

21/07/2024

JERSEY AMENDS ITS CRS LEGISLATION TO MEET X4 OBJECTIVES.

19/07/2024

PEP jailed for 20 years for money laundering along with his wife, ex-wife & daughter.

18/07/2024

$235 million lost by WazirX in North Korea-linked breach

18/07/2024

Additional UK guidance on trust services and sanctions [17/7/2024]

18/07/2024

JFSC welcomes a new Executive Director of Policy, Innovation and Marketing & Communications.

17/07/2024

Corporate Services Provider being sued for money laundering.

16/07/2024

COMSURE’S 6TH ANNUAL MAURITIUS FINANCIAL CRIME CONFERENCE

14/07/2024

JFSC data vulnerability incident in June 2024 affects 261 people.

14/07/2024

GFSC issues fines totalling £431,900.00 along with prohibitions on x3 officers holding a supervised role.

12/07/2024

JERSEY BUSINESS SUCCESS WORKSHOP - How to Attract and Win New Customers

12/07/2024

Proliferation financing: a definition, and case studies and examples.

11/07/2024

GFSC issue £431,900.00 fines to Trident Trust Company (Guernsey) Limited + Directors + MLRO/CO

11/07/2024

Luxembourg: 3 million Euro fine imposed on BGL BNP Paribas for AML fails.

11/07/2024

Trusts (Jersey) Law 1984 consultation paper seeking input on proposals to make amendments.

11/07/2024

Cyber threats are everywhere - are you prepared are you pen-tested??

11/07/2024

The secret hospitals offering criminals new faces.

11/07/2024

UK NCA applies for PROCEEDS OF CRIME forfeiture order of PETR AVEN cash after alleged sanctions breach.

10/07/2024

Sanctions guidance issued by the UK Bar Council

10/07/2024

£36k fine for law firm which let millions pass through client account.

10/07/2024

UK Court orders removal of company director for breaching Russia sanctions

09/07/2024

FATF Review of Gatekeepers’ Technical Compliance Related to Corruption

09/07/2024

JFSC “CO/MLCO/MLRO” consultation planned for September 2024

08/07/2024

JFSC myRegistry AUTHENTICATION app AUTHY (“Twilio”) leaks 33 million phone numbers

08/07/2024

New JFSC Head of Enforcement

08/07/2024

5 out 6 UK political parties ignore laws meant to stop improper influence by foreign donors

05/07/2024

Defeating Money Laundering with Rational Thinking, Not Compliance Red-Flags

03/07/2024

Criminal Convictions by Mistake / Unattractive Occupations [an article by Ben Shenton]

03/07/2024

Jersey AMLSP - Annual fees invoices issued for those registered through an AMLSP

03/07/2024

JFSC Jersey Private Fund Guide [UPDATE 2 JULY 2024]

02/07/2024

JFSC CLASS G trust company business examination feedback Issued on 01 July 2024

02/07/2024

NCA says law firms missed money laundering red flags in UWO seizure case.

02/07/2024

Mauritius FSC AML/CFT/CPF Handbook – X10 POINTERS

02/07/2024

Panama court acquits all defendants in “Panama Papers” and “Car wash” cases.

01/07/2024

FATF keeps Russia in suspension.

01/07/2024

MAURITIUS: AML and CTF and Proliferation (Miscellaneous Provisions) Bill 2024

01/07/2024

Monitoring for Suspicious Activity [SARs/STRs] in line with the Wolfsberg Factors from 2019

01/07/2024

JFSC says goodbye to Julian Lamb

28/06/2024

FATF JUNE 2024 GREY LIST LATEST – 2 ON, 2 OFF

28/06/2024

Wigs and false eyelashes help fuel WMD and sanction evasion.

28/06/2024

Historical high in regulatory fines - $6.6 billion globally.

27/06/2024

The JFSC 2023 annual report is out

26/06/2024

Jersey Estate agents remained about the 30 June JFSC deadline.

26/06/2024

JFSC - Know Your Relationship Officer [KYRO]

26/06/2024

A FREE masterclass event on June 27th, "How to Verify Addresses in Minutes,"

26/06/2024

Blockchain for derivatives trading or inter-bank money “transfers” – its not as easy as you think!!

25/06/2024

Monaco Expected to be FATF GREY LISTED on June 28

25/06/2024

Chinese money launderers are facilitating international drug traffickers, like Mexican cartels and the Italian mafia.

25/06/2024

Know your Jersey financial crime NRAs, strategies, and appetite.

24/06/2024

JFSC examinations feedback - suspicious activity reporting obligations – findings and best practice

24/06/2024

Dentons breach of AML rules was “inadvertent”……..

24/06/2024

JFSC examinations feedback - suspicious activity reporting obligations – findings and best practice

24/06/2024

Monaco faces the risk of being included on FATF ‘grey list’

24/06/2024

JFSC examination feedback on DNFBP SAR obligations [accountants, online casino, estate agents and lawyers]

24/06/2024

JERSEY BUSINESS SUCCESS WORKSHOP - How to Attract and Win New Customers

24/06/2024

Jersey's thoughts on why compliance monitoring helps manage compliance risk.

22/06/2024

Jersey government recommends using and applying the OECD guidelines for multinational enterprises.

21/06/2024

Jersey’s solution for confiscation of assets put into trusts by convicted persons.

21/06/2024

The JEP has asked if the JFSC is a friend or foe.

21/06/2024

CIFO/JFSC/FIU discussion panel on complaints handling good practices.

20/06/2024

North Korean weapons are killing Ukrainians. The implications are far bigger

20/06/2024

JERSEY BUSINESS SUCCESS WORKSHOP - How to Attract and Win New Customers

20/06/2024

A FREE masterclass event on June 27th, "How to Verify Addresses in Minutes,"

20/06/2024

JFSC clarification on AMLSP Schedule 2 applications

19/06/2024

Jersey – COMPLAINTS, SARs & TIPPING OFF – FIU agrees a PROTOCOL.

19/06/2024

FINMA has ruled that HSBC Private Bank (Suisse) SA violated money laundering regulations.

18/06/2024

The JFSC is to speak at a MEMBERS-ONLY EVENT about its Class G Thematic Review

17/06/2024

Moneyval 2nd follow-up report on Gibraltar is out.

16/06/2024

Maltese courts refuse to uphold FIAU “ILLEGAL AML FINES” and refuse EU referral.

14/06/2024

Eleven methods a trust company (TCSP) was willing to assist in tax evasion.

13/06/2024

Sanctioned by the UK:- Wagner Group linked DIAMVILLE & WOOD INTERNATIONAL GROUP SARLU

13/06/2024

IoD Code of Conduct for Directors – the consultation is open.

13/06/2024

Mauritius Financial Crime Prevention & Detection FREE webinar on June 13, 2024, you are invited.

11/06/2024

JERSEY ATTEND 67th plenary of Moneyval in Strasbourg

10/06/2024

SRA Guidance on Sanctions Risk Assessment

10/06/2024

FATF GREY LISTINGS A GOOD THING? NOT FOR AFRICA, NOT FOR THE POOREST.

09/06/2024

Insights at the Intersection of Financial Crime Data & Real Survivor Stories

09/06/2024

The price of crime fighting – the salary for the EU head of AML is €290,000.

09/06/2024

SFO secures conviction (14 years and seven years sentences) for £100 million fraud.

09/06/2024

CASE STUDY & RED FLAGS- IRGC HONG KONG front company trades with PRC, Russia, and Syria IN $$$

09/06/2024

Guidance on Illicit transactions related to Iranian-backed terrorist organisations.

09/06/2024

RED FLAGS- Fundraising and Money Laundering of Iran-Backed Terrorist Organizations

07/06/2024

Jersey government's view of MLRO/MLCOs [???]

06/06/2024

IOM, Dear CEO, about the recruitment of Heads of Compliance /MLRO

06/06/2024

Brutus claims Standard Chartered transacted $100 billion with Iranians, terrorists, and other undesirables.

06/06/2024

Key AML/CFT compliance takeaways for firms operating in the real estate sector.

06/06/2024

Key AML/CFT compliance takeaways for firms operating in the real estate sector.

05/06/2024

Brutus claims Standard Chartered transacted $100 billion with Iranians, terrorists, and other undesirables.

05/06/2024

CIFO/JFSC/FIU discussion panel on complaints handling good practices [18th June]

04/06/2024

Attention Comsure offers FREE AML/CFT/CPF training.

30/05/2024

THE EVOLVING LANDSCAPE OF JERSEY TRUST LAW [Equiom Trust (CI) Limited, re Estate of Constantin Mattas]

29/05/2024

JFSC publish SUSPICIOUS ACTIVITY REPORTING [SAR] EXAMPLES OF GOOD PRACTICE [PART 2]

29/05/2024

Ben Shenton writes about "Those types of people".

29/05/2024

Rabobank "terrorising" Dutch businesses in Nigeria with money laundering checks

27/05/2024

SEYCHELLES UNVEILS GROUNDBREAKING JUDICIAL MANUAL TO COMBAT MONEY LAUNDERING

27/05/2024

Is your chatbot responsible for its own actions and advice?

26/05/2024

The state of compliance in banking…..it does not look or sound great!!!!

24/05/2024

JFSC Bitesize feedback on Compliance Monitoring plans and programmes[CMP]

23/05/2024

Moneyval update from Jonathan Groom MBA - Financial Crime Leader & Intelligence Executive

23/05/2024

The JERSEY MONEYVAL report expected on 24 July 2024

23/05/2024

JERSEY’S CANNABIS INVESTMENT RULES FOR MEASUREING MONEY LAUDERING RISK

23/05/2024

JERSEY’S CANNABIS INVESTMENT RULES FOR MEASUREING MONEY LAUDERING RISK

23/05/2024

JERSEY’S CANNABIS INVESTMENT RULES FOR MEASUREING MONEY LAUDERING RISK

23/05/2024

JERSEY’S CANNABIS INVESTMENT RULES FOR MEASUREING MONEY LAUDERING RISK

23/05/2024

GUERNSEY – [NEW] - THE FORFEITURE OF ASSETS IN CIVIL PROCEEDINGS RULES, 2024

22/05/2024

JFSC BITESIZE feedback on Customer Onboarding and Risk Assessments

22/05/2024

CryptoQueen and Associate managed to sell Dubai properties after being charged.

20/05/2024

JERSEY VASP National Risk Assessment 2024

20/05/2024

Attention Jersey Estate Agency professionals - Comsure offers FREE AML/CFT/CPF training.

20/05/2024

Netanyahu and Hamas leaders to join President Vladimir Putin on ICC arrest list.

20/05/2024

2024 US National Strategy for Combatting Terrorist and Other Illicit Financing

17/05/2024

Will we see DPAs for individuals albeit limited to cases involving tax evasion?

17/05/2024

BILL BROWDER tells the UK Parliamentary Select Committee WHY Sanctions against Russia are not working

16/05/2024

Aborted asset-swap deal at Austria’s Raiffeisen Bank International (RBI) leads to US sanctions.

16/05/2024

JFSC bite-sized guidance on Trust company business – financial crime training

16/05/2024

JFSC bitesize thematic assessment visit findings – Banks, Inv Bus, Private Funds and TCB

16/05/2024

JFSC Dear CEO: The role and responsibility of the JFSC to combat financial crimes. [03 March 2011/16TH April 2024]

15/05/2024

The JFSC - Estate agency to be questioned on employee AML/CFT/CPF training - COMPLY BY 23:59 on 30 June 2024.

15/05/2024

GFSC Policy Statement – Approach to Fund Tokenisation

15/05/2024

The JFSC publish a list of Jersey-registered VASPs.

14/05/2024

Mauritius Financial Crime Prevention & Detection FREE webinar on June 13, 2024, you are invited.

13/05/2024

Are you ready for the inevitable cyber-attack?

13/05/2024

JFSC video on unpacking the travel rule for VASPs.

13/05/2024

Jersey Law Commission consultation on SMART CONTRACTS, DIGITAL OBJECTS, and DAO

13/05/2024

JFSC Non-profit organisations video feedback on examinations and FAQs

13/05/2024

Financial Conduct Authority's [FCA] "Financial Crime Guide" handbook ( May 2024 release no.36 )

13/05/2024

The JFSC publish a new series of Supervision monthly update videos.

09/05/2024

Debanked because of PEP risk:- “WE ARE ALL NIGEL’S NOW”

09/05/2024

Two-fifths of organised crime networks launder money through property.

09/05/2024

Financial crime risk is often assessed as the product of likelihood and impact.

09/05/2024

The JFSC has amended Source 8 of Appendix D2; ISO country codes have also been added.

09/05/2024

ISO 3166 country codes added to the JFSC appendix D2.

09/05/2024

Jersey Returns £829,500 'BRIBE MONEY' to Republic of Mozambique

08/05/2024

Jersey benefits fraudster had two Jersey bank accounts for her £40k criminal proceeds.

07/05/2024

JFSC feedback following a review of IFAs investment services to VULNERABLE persons.

07/05/2024

From Enron to Wirecard, the cry after each scandal is, where were the auditors?

07/05/2024

Cyber risk is increasing . . . and this time it’s personal for directors and CISOs

07/05/2024

NHS data stolen in cyber-attack published on dark web

07/05/2024

Hong Kong’s Companies Registry leaked the personal data of 110,000 people.

06/05/2024

A Maltese advocate firm is fined €49,585 for not reporting suspicion in good time.

06/05/2024

An estate agent has been fined €48,000 after failing to verify the source of wealth.

06/05/2024

Jersey sanctions on the Russian diamond trade

03/05/2024

Pilots and flight attendants charged with “FAILING TO REPORT A CRIME” and "MIGRANT SMUGGLING",

03/05/2024

The paradox of independent regulatory consultants being trained by a regulator.

03/05/2024

Money Laundering Risks in Commercial Real Estate: An Analysis of 25 Case Studies

03/05/2024

Challenges for Counter Proliferation Finance and Sanctions Control in Banking

03/05/2024

Jersey consultation on OBLIGED ENTITY ACCESS to Central Register of Companies

02/05/2024

The JFSC Registry 1ST QTR [1 January to 31 March] inspection feedback paper is available

02/05/2024

UK OFSI Guidance on penalties for FINANCIAL SANCTIONS breaches & the effect of a UK Nexus.

02/05/2024

The JFSC have released their Q1 Registry Supervision inspection programme feedback

02/05/2024

HM Treasury releases its 2022-2023 AML/CFT supervision review.

02/05/2024

AG v Jeanne and Timms 10-Apr-2024 - Confiscation Hearing.

01/05/2024

Jersey Government consultation opened on obliged entity central register access

01/05/2024

The UK accuses three Ugandan MPs of corruption

30/04/2024

JFSC 2024 industry survey and launch of a NEW Operational Excellence Function.

30/04/2024

Law firm to pay £9,993.40 fine after SRA find AML failures.

29/04/2024

UK Regulations: consumer connectable product security – its all about digital/cyber trust

29/04/2024

FCA Consumer Duty: good practice and areas for improvement, including CYBER RISK

29/04/2024

Cyber Incidents – 'When Things Fall Apart' - "1HR complimentary CPD" May 7th.

29/04/2024

Complimentary workshop on biometric CDD - May 1st, morning, or afternoon

29/04/2024

FIU-JERSEY Q1 2024 Suspicious Activity Report Statistics

28/04/2024

JFSC Q1 2024 newsletter on Non-profit organisations (NPO) -

28/04/2024

JFSC increase Banking sector fees by 10%...4% more than other sectors.

28/04/2024

JFSC may increase fees by 6% for the Insurance Business, Investment Business, and Funds [Inc.AIF and AIF.SB/ CoBO / QSMA]

28/04/2024

JFSC may increase fees by 6% for the Insurance Business, Investment Business, and Funds [Inc.AIF and AIF.SB/ CoBO / QSMA]

26/04/2024

Did Standard Chartered systematically breach Iranian sanctions to win new business?

26/04/2024

Comsure presents an E-IDV Biometric event on May 1, 2024

26/04/2024

The FCA are proposing updates to its Financial Crime Guide

25/04/2024

Jersey Consultation on Digital Assets: SMART CONTRACTS, DATA ASSETS & DAO

25/04/2024

UAE, Gibraltar, and Panama still on EU financial crime naughty step

24/04/2024

SGC Plastics, headquartered in Bangkok, Thailand, to pay OFAC $20 million

23/04/2024

Jail for organised crime group laundered more than £12 million of criminally obtained cash.

23/04/2024

SGC Plastics, headquartered in Bangkok, Thailand, to pay OFAC $20 million

22/04/2024

Jersey Update on Russia Sanctions Reporting Obligations

22/04/2024

The JFSC publishes its 2024 technology and innovation deliverable plan.

22/04/2024

Still no UK fines as a result of 2022 Russian sanctions breaches

22/04/2024

New appointments at the top of the JFSC

21/04/2024

Why a Vietnamese billionaire has been sentenced to death

21/04/2024

US/UK issue New Iran sanctions’ on the “Unmanned Aerial Vehicle (UAV) sector”

21/04/2024

Jane Platt CBE has been appointed as the new Chair of the JFSC and Helene Narcy as a new Commissioner.

21/04/2024

New JFSC guide [April 2024] to submitting financial statements and associated documents on myJFSC

19/04/2024

JFSC update - Submitting financial statements to the JFSC? Don’t forget to validate your data.

19/04/2024

JERSEY - Licences required for landlords

18/04/2024

Formula One, Premier League Football, & The Global Politics of Sports [youtube]

18/04/2024

Gift City, India’s Global Financial Hub…ONE TO WATCH.

18/04/2024

X6 core finding from JFSC 2023 examination of reliance on obliged persons

18/04/2024

A joint investigation reveals how the mafia allegedly infiltrated two major Canadian banks.

18/04/2024

The US is $3 billion ahead on financial crime fines….when will the world catch up?

18/04/2024

Notary activities not prohibited by EU Russian sanction on legal services

18/04/2024

2024 feedback from the 2023 JFSC examination of reliance on obliged persons

18/04/2024

A view from Advocate Olaf Blakeley - Who watches the watchdog?

16/04/2024

FCA dear CEO letter on Strategy for Consumer Lending

16/04/2024

FinCEN Issues guidance on spotting Counterfeit U.S. Passport Cards

15/04/2024

JFSC release Enforcements statistics for 2018-2023 plus Regulatory & AML issues present in the cases

15/04/2024

TikTok referred to AML authorities after lying to regulators and links to terrorist funding.

15/04/2024

Weiss v. NatWest is still relevant in understanding Terrorist Financing [Hamas] Risk

15/04/2024

Risks of illicit financial flows in Africa:… - Transparency.org

15/04/2024

Risks of illicit financial flows in Africa:… - Transparency.org

14/04/2024

Jersey Government Jurisdictional Risk Event 18 April 2024

14/04/2024

UK ‘McMafia’ UWO law fails to root out ill-gotten gains

14/04/2024

JerseyGov Guidance on countries with a higher risk of facilitating terrorist financing.

14/04/2024

Sentenced to death for bribery, embezzlement and violating banking rules,

12/04/2024

Rifaat al-Assad and the red flags of criminality and money laundering 2002-2020-2024

12/04/2024

I am a non-Jersey resident who is director of a Jersey company – Am I supposed to register with the JFSC?

12/04/2024

Exam Cheating at KPMG, Deloitte’s & EY

11/04/2024

Gang guilty of large £53.9m benefit fraud & money laundering offences.

10/04/2024

Misuse of Citizenship and Residency by Investment Programmes – listen and read.

10/04/2024

Experts react to worrying findings in Government’s Cybersecurity Breaches Survey

10/04/2024

‘Panama Papers’ trial will begin eight years after the tax scandal.

08/04/2024

A Swiss private banker and his wife have been accused of laundering CHF 14 million.

08/04/2024

How private is your personal information? And what to do to protect it

07/04/2024

EUROPOL Decoding the EU’s most threatening criminal networks

06/04/2024

Mauritius: The Financial Crimes Commission Act – a new legal framework to combat financial crimes.

04/04/2024

HMRC issued AML fines of £2,277,893.00 to 408 businesses in 5 months.

04/04/2024

PKB PRIVATBANK SA - convicted of criminal liability in connection with USD 20 million money laundering case

04/04/2024

Jersey-registered vessel found with £77 Million of Cocaine

04/04/2024

Bet365. £582,120 fine for failure to apply AML and to protect vulnerable customers.

04/04/2024

FATF NRA - USA 2024 National Proliferation Financing (PF) Risk Assessment (NPFRA)

02/04/2024

FATF NRA - USA 2024 National Proliferation Financing (PF) Risk Assessment (NPFRA)

02/04/2024

Mauritius Draft Guidance Notes on Whistleblowing

01/04/2024

FCA - Financial promotions on social media new guidance.

31/03/2024

FCA - Financial promotions on social media new guidance.

31/03/2024

The IMF on what is ML/TF/PF?

28/03/2024

FATF – What is an effective system to combat money laundering and terrorist financing.

28/03/2024

Singapore’s largest money laundering case - accused gets 6 new charges for submitting forged statements to Swiss bank.

28/03/2024

Singapore’s largest money laundering case - accused gets 6 new charges for submitting forged statements to Swiss bank.

28/03/2024

FATF – What is an effective system to combat money laundering and terrorist financing.

28/03/2024

The IMF on what is ML/TF/PF?

28/03/2024

Wolfsberg - Auditing a Financial Crime Risk Management for Effectiveness

27/03/2024

Wolfsberg - Auditing a Financial Crime Risk Management for Effectiveness

27/03/2024

Five sentenced in £500,000 bank fraud and money laundering.

26/03/2024

Five sentenced in £500,000 bank fraud and money laundering.

26/03/2024

OFAC fines EFG $3,740,442 for CUBA/CHINESE/RUSSIAN sanctions breaches

25/03/2024

Lithuania and Beyond – The EU Busts 'E-Bank' 2.6> Billion Laundering Machine

21/03/2024

EXCEL MADNESS - Formula 1 chief appalled to find team using Excel to manage 20,000 car parts.

21/03/2024

Conveyancing money laundering risk

21/03/2024

JFSC update AML/CFT/CPF Appendix D2 countries and territories - March 2024

17/03/2024

Scam e-mail – do not open Jill Britton <jill.britton@mail-jerseyfsc.org>

15/03/2024

Are you a Jersey Operators of Essential Services (OES)? If so check out the draft JERSEY CYBER DEFENCE LAW

12/03/2024

2024 update to the Wolfsberg Group on Countering Terrorist Financing

11/03/2024

UK consultation on improving the effectiveness of the Money Laundering Regulations

11/03/2024

Comsure is on Jersey’s FINTECH map.

11/03/2024

The FATF updates its risk-based guidance on BOs and transparency of legal arrangement.

11/03/2024

SDT 'Dismisses' Dentons AML case after the SRA is accused of taking a revisionist approach.

11/03/2024

JERSEY FIU MARCH 2024 EVENT – SLIDES AND VIDEO

11/03/2024

GUERNSEY Sanctions Notice - Change to Sanctions Legislation

11/03/2024

JERSEY's new cyber security law targets “financial services” and other “essential services” [OES].

11/03/2024

The JFSC CYBER INCIDENT FAQs UPDATED March 11 2024

11/03/2024

There must not be one rule for one and not the other….government departments cannot be above the rule of law.

10/03/2024

Why can Dandara advertise 5% returns without risk warnings?

10/03/2024

TRUONG MY LAN faces the death penalty for $12.5 billion fraud in Vietnam.

10/03/2024

March 8th UNSC Sanction changes/updated delayed on Jersey Gazette.

10/03/2024

Establishing Trust in Digital Processes – the biggest challenge facing businesses today.

10/03/2024

EPPO reports on 1100+ EU-wide fraud investigations valued at €14.1 billion

10/03/2024

After 66,806 individual records leaked the JFSC have written directly to 2,477 people

08/03/2024

If your customer data has been compromised, you have 72 hours to report.

08/03/2024

What is happening at the FIU in Mauritius?

07/03/2024

Wolfsberg Principles for Using Artificial Intelligence and Machine Learning in Financial Crime Compliance

07/03/2024

The JFSC issues a public statement about a LOSS OF DATA [vulnerability] in its Company registry.

07/03/2024

JFSC issues FAQs about the DATA LOSS [vulnerability] announcement.

07/03/2024

OFAC Penalties – where to find them and X5 examples

07/03/2024

The JFSC & Sustainable Finance in 2024

06/03/2024

GFSC – £200K fine and ban of 9 years and 1 month for unlicenced activities and more!!!

06/03/2024

Do “Accounting” firms hate AML compliance.

05/03/2024

FCA Dear CEO letter for Annex 1 firms AML control failings - 5 March 2024

05/03/2024

800+ rogue corporate filings lodged at UK Companies House

04/03/2024

Consumers value DIGITAL TRUST and will take their business elsewhere when companies don’t deliver it.

04/03/2024

DIGITAL TRUST is fast becoming the most valuable cultural currency of our time.

04/03/2024

Wolfsberg Group [WG] Country Risk Frequently Asked Questions

04/03/2024

Paying ransoms in the context of cyberattacks, particularly ransomware, is wrong, isn’t it?

04/03/2024

Why DIGITAL TRUST has become the most critical technology concern.

04/03/2024

EU launch a Sanctions Tracker?

01/03/2024

Financial sanctions guidance for maritime shipping [Feb 2024]

29/02/2024

The JFSC 2024 THEMATIC EXAMINATION PROGRAMME - its out

29/02/2024

Mauritius - Silver Bank Auditor suspended for filing an AML “STR” linked to Prateek Gupta

29/02/2024

The JFSC are reviewing its fees and wants your input and feedback - register by 1st March [tomorrow]

29/02/2024

HSBC, MCB and SBM charged in Mauritius with money laundering offences from 20 years ago!!!

29/02/2024

Glencore ‘secretly paid $14.5m to middleman in Chad loan deal’

28/02/2024

Documentary about Sam Bankman-Fried = RUIN: Money, Ego and Deception at FTX

28/02/2024

SWOT on the ten top AML software vendors for banks

28/02/2024

SANCTIONS ENFORCEMENT: U.S. COMPANY FINED FOR "50% RULE" VIOLATIONS

28/02/2024

TESCO BANK FUNDS “INSIDER DEALING” WITH LOANS FOR HOME IMPROVEMENTS!!

27/02/2024

NCA and border force seize 5.7-tonnes of cocaine (value £450 million.) concealed in bananas.

25/02/2024

JFSC Company Registrar report - 1 October to 31 December and annual reflection for 2023. [highlights]

25/02/2024

JFSC update [ML/PF/TF – AML/CTF/CPF] information sources

25/02/2024

UK Freeze properties valued at over £50 million ($63 mln),

25/02/2024

FATF GREY LISTS LATEST UPDATES

25/02/2024

Jersey Revenue Extends Tax Deadline for 26,000 Islanders and offers x3 payment options

25/02/2024

SAR/STR results in two bribery convictions including a former Chief of Staff to the Madagascan President

23/02/2024

Directors of multi-jurisdictional structures must diligently manage the risk of facilitating tax evasion.

23/02/2024

A Maltese financial institution laundered millions of euros.

22/02/2024

UK Publishes Cyber Governance Code of Practice for Consultation

22/02/2024

A Hamburg bank is suspected of being a ‘financial hub’ for Iranian terror.

22/02/2024

CONDUCT RISK - Consumer Duty implementation: good practice and areas for improvement

21/02/2024

EU removes Seychelles from its list of non-cooperative tax jurisdictions.

21/02/2024

JFSC "CONDUCT RISK" is this new or just something old in a new guise?

20/02/2024

Jersey Returns £2 million of tainted funds to Nigeria & $8.9 million may follow!

20/02/2024

Significant Equity Trading by ORGANISED CRIME GROUPS [OCG] in the UK – What to look for.

18/02/2024

JFSC Warning - Mimecast [and others] unsubscribe JFSC Sanctions alerts.

16/02/2024

JFSC Travel Rule guidance for Jersey Virtual Asset Service Providers (VASPs)

16/02/2024

The JFSC is not a scheduled public authority for the purposes of the FOI Law

16/02/2024

The Royal Bank of Scotland International Limited is fined £1,440,481.00 by IOMFSA for AML fails.

15/02/2024

EX-BANKER pleads guilty to assisting high-risk bank customers evade bank’s anti-money laundering controls.

13/02/2024

JFSC Drop-in briefing on myJFSC portal administrator functionality

13/02/2024

CIFO guidance on Trust Beneficiaries

13/02/2024

Swiss regulator files 16 criminal complaints of unauthorised portfolio managers and trustees

08/02/2024

GFSC fined Mr Karam £10,000 and banned him for x2 years for recklessly making false and/or misleading statements.

08/02/2024

Is the UAE to be delisted from FATF “grey list” on 19th Feb?

06/02/2024

NEWS reports that Iran used HSBC, Santander, and Lloyds to Evade US Sanctions.

06/02/2024

JFSC Industry update - Independent Review – JFSC funding model and fees [06 February 2024]

06/02/2024

The FATF Annual Report 2022-2023 is available.

06/02/2024

Guidance on screening goods of proliferation concern and their means of delivery

06/02/2024

The Jersey FIU has published its Q4 2024 Suspicious Activity Statistics [SAR] Report.

05/02/2024

JERSEY FIU [JFIU] PUBLISH TERRORIST FINANCING [TF] SCENARIO FOR THE LEGAL SECTOR

05/02/2024

Jersey FIU highlights the risk of “UK Companies' House” being exploited by terrorists.

05/02/2024

JFSC delay the launch of its 2023 risk data collection exercise.

05/02/2024

FT reports that Iran used Santander and Lloyds to Evade US Sanctions.

05/02/2024

BTC-e digital currency exchange is charged with cybercrime and online money laundering.

05/02/2024

Non-US banks [and other firms] risk US secondary sanctions violations.

05/02/2024

Statistics from the JFIU Suspicious Activity Reports (SARs) Q4 2023 Industry Feedback

05/02/2024

JFSC issues Travel Rule guidance for virtual asset service providers (VASPs)

05/02/2024

The JFSC 2023 AML/CFT/CPF and other supervisory risk data collection is LIVE.

05/02/2024

JFSC 10.1% FEE INCREASE on TCB, GIMB, MSB & Schedule 2 businesses

02/02/2024

IOM TCSP BRA THEMATIC REPORT – Jan 2024

02/02/2024

Jersey AML/CFT/CPF and other supervisory risk data collection – what to expect.

02/02/2024

Jersey FIU SAR Reporting Q3 reports published 9 November 2023

01/02/2024

THE JERSEY FIU TERRORIST FINANCING [TF] CASE-STUDY SCENARIO FOR THE TCSP SECTOR

01/02/2024

Jeanne and Timms: 9 and 4 years, respectively, for larceny, money laundering, and fraud.

30/01/2024

Money launderer and Hawala banker involved in Channel crossings is jailed in the UK.

28/01/2024

If BITCOIN is too risky….try GODSCOIN

28/01/2024

GFSC are releasing news letter called The Leopard

28/01/2024

GDPR: How long do you have to report a data breach?

24/01/2024

Your personal information may have been leaked in the 'Mother of all Breaches' (MOAB)

24/01/2024

FCA investigates sexual harassment, bullying and the use of hush-hush NDA.

24/01/2024

JERSEY, REGULATORY HORIZON IN 2024 [@ JAN 23rd.]

23/01/2024

UK agencies warn of criminal sanctions evasion through artwork storage facilities.

23/01/2024

Guernsey appeal judgment in favour of the GFSC. [Domaille,Clarke & Hannis]

22/01/2024

"OFAC Basics" video training

22/01/2024

“29” new questions added to the 2023/24 JFSC Supervisory Risk Data request [deadline 31 May 2024]

22/01/2024

Guernsey appeal judgment in favour of the GFSC. [Domaille,Clarke & Hannis]

22/01/2024

IOM.FSA get 9/10 from a GIFSC assessment.

18/01/2024

IOM.FSA get 9/10 from a GIFSC assessment.

18/01/2024

IN JERSEY WHAT IS ON THE REGULATORY HORIZON IN 2024

16/01/2024

Jersey seizes $9 million that was stolen by corrupt Nigerian officials and hidden in Jersey from 2014

15/01/2024

EU report says JERSEY remains GDPR adequate

15/01/2024

SAP to Pay $220M+ to Close Foreign Bribery Investigations

14/01/2024

GFSC consultation on counter-proliferation financing

13/01/2024

Proliferation Financing risks: key facts

11/01/2024

Comsure JERSEY AML CPD TRAINING on 17th January

08/01/2024

UK banks and Post Office launder a UK company's £1.3 billion of drug money.

08/01/2024

JERSEY issues another high-risk country list – countries suspected of facilitating terrorist financing.

08/01/2024

UK Money Laundering Reg UPDATE on domestic PEPs. [10 JAN]

07/01/2024

UK Open consultation on the Transparency of land ownership involving trusts, Published 27 December 2023

03/01/2024

“Root Causes” for JFSC regulatory failure

03/01/2024

IOM FSA sanctions a Head of Compliance & MLRO for lack of integrity in the “individual’s private life.”

03/01/2024

Critical Facts on Terrorist Financing for Your PPs & Training Plans

03/01/2024

Jersey - Remember the NEW JFSC revised outsourcing policy [OSP] is live on 1 JAN 2024

02/01/2024

Mauritius Financial Crime Country Dashboard 2023 by FCN

02/01/2024

Guernsey’s 2nd NRA was published in December 2023.

02/01/2024

Former governor of Bank of Latvia receives actual prison sentence for bribery.

02/01/2024

Eskom: how corruption and crime turned the lights off in South Africa | FT Film

02/01/2024

Jersey - Criminal Offences (Jersey) Law 2009 – out of sight but should not be out of mind.

02/01/2024

Mauritius establishes the Financial Crime Commission [FCC]

29/12/2023

JFSC Registry Supervision Inspection Programme 2023 Q3 feedback + plan for 2024

29/12/2023

Money laundering case via transnational diamond trading

29/12/2023

JERSEY Minimum Wage increases from 1 January 2024

29/12/2023

Isabel dos Santos, has had £580m of assets frozen by the UK high court.

27/12/2023

JFSC Christmas public statement no1 - Mr Andrew Mark Hicks

27/12/2023

BNP Paribas, and Cypriot firm, TCR International Limited, named in money laundering probe

27/12/2023

JFSC Christmas public statement no2 - Ms Nicola Marguerite Hodge (Ms Hodge)

27/12/2023

1:10 cases shows British firms Laundering from Russia

18/12/2023

New UK Iran Sanctions Regime Comes into Force

17/12/2023

A new frontier in sanctions awareness and compliance

17/12/2023

New Iranian sanctions regime comes into force

15/12/2023

Crown Dependencies publish commitment to increase accessibility to company beneficial ownership information

13/12/2023

WHAT SYSC CHOICE DID YOUR AMLSP CUSTOMER CHOOSE?

11/12/2023

Crisis? What crisis is that? The latest Ben Shenton musing on the state of Jersey?

07/12/2023

Lawyers and Russian clients – critical issues to remember.

06/12/2023

UK RED ALERT - exporting high-risk goods to Russia [DEC 2023]

06/12/2023

Report on high-risk services that enable illicit financial flows out of Africa.

06/12/2023

Solid advice on “What makes a good Service Level Agreement [SLA]”

06/12/2023

“BANQUE PICTET” to be fined $122.9 million for hiding $5.6> billion in 1,637 Swiss bank accounts.

05/12/2023

UK HMT High-Risk Third Countries

05/12/2023

Joe Biden's suspicious $40k highlighted in an email

05/12/2023

Follow the money - how Joe Biden received $40,000 in laundered Chinese money.

05/12/2023

The Jersey Data Protection Authority Issues a public statement against JRSY Laser Limited

05/12/2023

Royal Bank of Canada fined $7,475,000.00

05/12/2023

Guidance on the JFSC 1 JAN 2024 revised outsourcing policy.

04/12/2023

Solicitor (& MLRO) sentenced to Nine months in prison for tipping-off

01/12/2023

MAURITIUS FSC GUIDELINES CLOUD COMPUTING SERVICES 30 November 2023 [6 MONTHS TO COMPLY]

01/12/2023

Law Society UK AML guidance changes to be approved by HMT

01/12/2023

LSAG comments on the UK Economic Crime and Corporate Transparency Act 2023 (ECCTA)

01/12/2023

Financial Crime “SUPPLY CHAIN” risk

01/12/2023

Financial Crime “THIRD PARTY SOF” risk

01/12/2023

Regulation and compliance:- "I didn't say it was your fault; I said I was blaming you".

30/11/2023

AML and UK sanction issues leads to National law firm being fined £101,357.00

30/11/2023

New JFSC complaints policy [24 November 2023]

27/11/2023

JFSC Thematic examination for Q1 and Q2 2024 – Politically Exposed Persons (PEPs)

27/11/2023

JFSC FEES FOR SCH2 ACTIVITIES TO RISE 10.1%?

27/11/2023

The UKs Economic Crime Supervision is hosting x3 AML risk assessment webinars [6-8 December]

24/11/2023

Seychelles authorities raid the office of a Russian-owned corporate services provider

24/11/2023

Jersey ducks a crypto bullet after Binance admits to money laundering and agrees to pay $4.3bn

23/11/2023

UK-GOVT AND SAUDI ARABIAN SANG AT THE HEART OF CORRUPTION TRAIL

23/11/2023

BNP Paribas, Crédit Agricole, BPCE and Axa benefiting from the proceeds derived from illegal deforestation [money laundering]

23/11/2023

Golden passports or visas can create the potential for fraudulent CRS reporting.

23/11/2023

Misuse of Citizenship and Residency by Investment Programmes

23/11/2023

JERSEY AML CPD TRAINING on 18th and 19th December 2023.

22/11/2023

The politics of money laundering - Cyprus and the EU

22/11/2023

Global enforcement fines amounted to USD 5.65 billion in Q3 2023, growing by 30% since the beginning of the year.

22/11/2023

Cayman Islands VCE (“Binance”) pays OFAC fine of $968,618,825 for multiple criminal actions.

22/11/2023

Barriers to reporting suspicion – I thought it was illegal to fail to report!!!

22/11/2023

The States of Guernsey's new landing page for financial crime.

22/11/2023

Financial Sanctions—Ten Key Due Diligence Principles

22/11/2023

Financial Sanctions—Systems and Controls for FCA Firms

22/11/2023

Sanctions:- Mints, 2 Russian banks, Mr Putin, and the question of control

21/11/2023

Mints & sanctions & HMRC guidance

17/11/2023

A UK prosecution for Tipping off

15/11/2023

Dodgy transactions from Zimbabwe to London via Mauritius, Cayman and aided and abetted by layers, banks & others

15/11/2023

EU PEPS NOW IN A SINGLE PUBLICATION

14/11/2023

BBC newsnight exposes Seychelles secrecy structures

12/11/2023

ESMA to put CYBER RISK as a new Union Strategic Supervisory Priority [USSPs]

10/11/2023

EU-wide digital wallet: MEPs reach deal with Council

10/11/2023

MAURITIUS AML CPD TRAINING on 13th and/or 16th November 2023

09/11/2023

Red ALERT - Gold-based Financial and Trade Sanctions Circumvention

09/11/2023

127 UK companies admit to breaching British sanctions against Russia since Feb 2022

08/11/2023

Declaration of assets in the public sector in Mauritius

08/11/2023

Earning Digital Trust: Decision-Making for Trustworthy Technologies

07/11/2023

Dark web ‘money mule’ accounts for “crypto-to-fiat” for Russian speakers.

06/11/2023

UK SANCTIONS LIST DO YOU KNOW THE DIFFERENCES BETWEEN THE X3

06/11/2023

Criminals and sanctions-busters exploiting UK secrecy loophole through Seychelles

02/11/2023

Prosecuted for diverting aircraft parts from the US to Iran in violation of US sanctions

01/11/2023

In 2017, the first Prosecution in Singapore of a Director for Company Money Laundering

01/11/2023

Jail for director of a S’pore firm that shipped more than S$6 million in luxury goods to North Korea [2019]

01/11/2023

IMPLICIT / EXPLICIT sanctions – beware of the difference they may be more than 50%?

01/11/2023

Lycamobile’s French company bosses fined and jailed for money laundering 17mn euros.

01/11/2023

GUERNSEY Sanctions Notice - Russia (Designated Person Asset Reporting) – data submission by 24 November 2023.

01/11/2023

Cryptoasset regulation in the UK – the plan is published.

01/11/2023

MFSA Israeli-Palestinian guidance on combating terrorism financing.

01/11/2023

2023 Risk data collection consultation paper for the risk data collection exercise, beginning in February 2024.

31/10/2023

The Role of Third-Country Jurisdictions in Sanctions Evasion and Avoidance (SEA)

31/10/2023

Guernsey Judgment from the Royal Court suspends £150k fine and public statements.

31/10/2023

Significant risks posed by Storm Ciarán.

31/10/2023

PROBATE (AMENDMENT) (JERSEY) LAW 2023 in force 27th October 2023

30/10/2023

Antarctica passports for sale – A scam laundered through Malta.

30/10/2023

FATF OCTOBER UPDATES, INCLUDING UPDATED GREY LISTS

29/10/2023

"CBRN Proliferation Financing: A Perspective from Southeast Asia,"

29/10/2023

Money laundering and the matrimonial home

29/10/2023

UK LAW firm fined for relying on Ukrainian lawyer for AML checks.

29/10/2023

A Jersey money laundering conviction after corruption red flags were missed.[2021 case revisted]

28/10/2023

15 WAYS TO LOSE [screw up] A LEGAL CASE

27/10/2023

Every single Russian state-owned entity should be treated as being sanctioned, in Jersey and the UK?

27/10/2023

Dirty Money and the Destruction of the Amazon

27/10/2023

Recent [2020] Jersey money laundering case is a good reminder about what happens when you miss a RED FLAG

27/10/2023

Report claims UK Lawyers face near impunity for breaching money laundering rules!!!

26/10/2023

A Jersey bank is prosecuted following making a SAR [2020 CASE]

26/10/2023

JFSC Proposal to increase Registry fees by 22.3% in 2024.

26/10/2023

JFSC Industry Survey

26/10/2023

Schedule 2 businesses & the Revised Outsourcing Policy:- Drop-in sessions:

26/10/2023

Does the Jersey Evening Post [JEP] have a SANCTIONS problem because of a Russian data collection company?

26/10/2023

Guernsey introduces the Offence of failure of commercial organisations to prevent bribery.

25/10/2023

GUERNSEY – A NEW FORFEITURE OF ASSETS LAW 2023

25/10/2023

The UK - SRA CMRA/FWRA risk assessment guides

25/10/2023

EU sanctions against Russia – an update on Economically Critical Goods

25/10/2023

Mauritius - Guidelines for Digital Signature

24/10/2023

A claim that Jersey aid will ‘fund terrorists’ and reach Hamas.

24/10/2023

WorldBank Lessons Learned from the First Generation of Money Laundering and Terrorist Financing Risk Assessments

23/10/2023

UK authorities were criticised for failing to prosecute financial crime enablers and wealthy tax cheats.

20/10/2023

Egmont Group Suspends Russia Over War in Ukraine

20/10/2023

India - RBI imposes monetary penalty on Paytm Payments Bank Limited

20/10/2023

Seychelles denounces EU Council’s decision to add it to Annex I of its list of non-cooperative jurisdictions for tax purposes.

20/10/2023

Jersey FIU grading SARS – November 2023 changes

19/10/2023

UK significant sanctions judgment [Boris Mints & Ors v PJSC National Bank Trust]

19/10/2023

Mints v NBT = Jersey Financial Sanctions Implementation Unit (FSIU) issues an update

19/10/2023

OFAC issued sanctions targeting Hamas's financial facilitation networks.

18/10/2023

An Immunefi analyst told Decrypt that bad actors target blockchains where “more funds are at stake and the activity is high.”

16/10/2023

Double jeopardy as FCA fines Equifax for role in cyber breach after a long-running investigation.

16/10/2023

UK privy council considers election petition concerning Mauritian national assembly election & offence of ‘bribery’, and freedom of expression

16/10/2023

FCA FINE EQUIFAX £11million FOR CYBER/OUTSOURCING FAILINGS

15/10/2023

GUERNSEY Office of the Data Protection Authority Guidance for law enforcement purposes.

15/10/2023

Crypto Investors Lost $686 Million to Hacks, Fraud in Just 3 Months

15/10/2023

BLOCKCHAIN – do not overlook cryptocurrency's fundamental flaw.

15/10/2023

Why has the U.N. not designated Hamas as a terrorist group?

13/10/2023

Failing to report money laundering or tipping off is there a risk of prosecution?

12/10/2023

Sunderland accountant jailed in 2011 for tipping-off

12/10/2023

Santander ditched EY as a financial crime consultant over alleged failings.

12/10/2023

The JFSC – the first episode of a new regulatory Podcast

10/10/2023

How does Jersey tackle bribery and corruption?

09/10/2023

The GFSC struck again with a £40k fine.

09/10/2023

MAS Imposes Over $20M in Penalties over 18 months [Jan 2022- June 2023]

09/10/2023

South African trustees must now report beneficial ownership of trusts.

09/10/2023

Eleven arrested in connection with JPEX, the unlicensed crypto platform, and a $ 192 million fraud.

05/10/2023

GFSC final form AML/CTF/CPF guidance for registered directors

03/10/2023

COMSURE’s article in Jersey Finance 2023/24 publication

03/10/2023

FCA £6.4 FINE FOR AML FAILS @ ADM Investor Services International Limited

02/10/2023

FinCEN Issues Small Entity Compliance Guide for New Beneficial Ownership Reporting Rule

02/10/2023

JFSC Sound Business Policy Sept 2023 update

01/10/2023

JERSEY NEDS it's D-DAY tomorrow 30th Sept. [beware you may have tech problems]

01/10/2023

Air Mauritius CEO and CFO Suspended Amidst Corruption Probe and Expanding Horizons

01/10/2023

GFSC Business Risk and PEP Risk Thematic - Identifying & Mitigating

29/09/2023

Consultancy and their box-ticking can defeat rather than enhance culture-building.

29/09/2023

US GOVT PAYS WHISTLE-BLOWER $70M AFTER A QUARTER-BILLION DOLLAR FRAUD

29/09/2023

Why does the EU organisation “Moneyval” assess Jersey and other crown dependencies?

29/09/2023

JERSEY NEDS it's D-DAY tomorrow 30th Sept. [beware you may have tech problems]

29/09/2023

Only in Jersey!! £100m fraud makes pg 4 alongside missing traffic lights?

28/09/2023

GUERNSEY BRIBERY AND CORRUPTION CASE STUDY

28/09/2023

JFSC Sound Business Policy Sept 2023 update

28/09/2023

JFSC BRA AND MLCO visit findings guidance and video briefing.

26/09/2023

Jersey directors - six days and counting – register or risk imprisonment for up to 7 years and/or a financial penalty.

25/09/2023

JFSC has amended its SCH2 guidance.

24/09/2023

Citi launches cross-border payments 24/7 token service for institutional clients

24/09/2023

BVI, JERSEY and CYPRUS linked to Abramovich modern art, valued at $963 million.

24/09/2023

2-day NCSP® Foundation Certificate, virtual instructor-led cybersecurity course

21/09/2023

JERSEY HAS PUBLISHED ITS 2023 MONEY LAUNDERING NATIONAL RISK ASSESSMENT [NRA] UPDATE.

21/09/2023

GFSC fines 2010-23 - Individual fines average £27k and corporates average £70k

21/09/2023

$1.76 billion seized by Singapore authorities in biggest money laundering case ever!!!

21/09/2023

FCA WARNING for Unregistered Cryptoasset Firms – STOP ON OR BEFORE 8th October.

21/09/2023

Don’t be fooled – Jersey Sch 2 directors must still do CDD on 1st Oct 2023 and thereafter!![CDD = ID&V, profile, and risk assessment]

20/09/2023

Watchdog warns company directors over cybersecurity failures.

20/09/2023

Killing liquidity in Jersey property market [Ben Shenton | 20 Sep 2023]

20/09/2023

GFSC feedback on 100 ML/TF business risk assessments

19/09/2023

JFSC AML GUIDE ON non-Jersey entities and all individuals

19/09/2023

JFSC AML Guidance on the interpretation of ‘in or from within Jersey.’

19/09/2023

DORA will impact you – it will be like GDPR all over again!!

19/09/2023

A COMSURE WORKSHOP [20.9.2023] ON "THE IMPACT OF AI ON JOBS"

18/09/2023

Europol has issued its first European financial and economic crime threat assessment

18/09/2023

THE JFSC REMINDS DIRECTORS [&OTHERS] TO REGISTER BY THE END OF SEPTEMBER

18/09/2023

EU REJECTs Viktor Rashnikov’s application to annul his EU designation.

18/09/2023

Jersey FIU has published its Q1 and Q2 SARs quarterly reports.

17/09/2023

The JFSC ask - Why is it essential for all businesses to carry out a Business Risk Assessment?

17/09/2023

JERSEY virtual asset service provider regulatory amendments [AKA- JERSEY TRAVEL RULE]

17/09/2023

JERSEY PTC GUIDANCE IS DELAYED to 22 SEPTEMBER.

14/09/2023

US agrees to release $6bn in Iran funds as part of deal to free detained Americans

14/09/2023

The FCA is under the spotlight after three appeals to the Upper Tribunal (UT)

13/09/2023

EU sanctions add/designate x6 Russians, including prosecutors, judges, and FSB agents.

12/09/2023

PEPs and the FCA review and best practices

11/09/2023

Lenders and borrowers in VAT arbitrage in lending money laundering [Jersey NRA red flag]

11/09/2023

Jersey AML/CFT SAR rules aide memoir

11/09/2023

First Criminal Resolution Involving the Illicit Sale and Transport of Iranian Oil in Violation of U.S. Sanctions

11/09/2023

Arranging in Jersey - sophisticated and high net worth investors out of the scope of the legislative changes.

11/09/2023

Jersey data to be shared with credit agencies.

11/09/2023

Government of Jersey Consultation: Consumer Credit regime [lenders regulation]

11/09/2023

The UAE publishes guidance on the risks of terrorism and proliferation financing.

09/09/2023

11 Individuals have been added on the 7th September to the Jersey Financial Sanctions: Cyber list

09/09/2023

FCA speech on Black bin liners stuffed with £700,000, PPE fraud, and a widow in romance scam.

08/09/2023

UK crypto exchange accused of hoarding piles of criminal cash and converting it to bitcoin

08/09/2023

The JFSC issued a public statement about an unauthorised LENDER.

08/09/2023

FCA assessment of SANCTION SCREENING systems and controls in financial services firms [6/9/2023]

07/09/2023

GFSC Director Registration Regime update 6/9/2023

07/09/2023

Singapore seizes money launderer's assets in Swiss banks in S$1.8 billion case.

07/09/2023

FCA speech on Black bin liners stuffed with £700,000, PPE fraud, and a widow in romance scam.

07/09/2023

UK crypto exchange accused of hoarding piles of criminal cash and converting it to bitcoin

07/09/2023

UK CRYPTO REGULATION DEVELOPMENTS

06/09/2023

JFSC found x10 findings identified in 2022 Beneficial Ownership and Control Thematic Examinations

01/09/2023

UK CRYPTO Recommendation 16 [TRAVEL RULE] will take effect Sept. 1st

01/09/2023

The JFSC has released its latest Thematic Examination report – the latest being on “Beneficial Ownership and Control”[BOC]

01/09/2023

Updated JFSC Guidelines for trustees and private trust companies to be issued on 8 September 2023

01/09/2023

Does DORA apply outside of the EU? For example, Jersey, Guernsey and Mauritius?

30/08/2023

Comsure's Practical Compliance Support – We are just a phone call [coffee] away

30/08/2023

Jersey Investment exchanges and arrangers regulation is coming – beware!!

29/08/2023

Met Police reported DATA BREACH to the NCA and the ICO.

27/08/2023

GUERNSEY's DPA Blog: Information freedom and protection: why we need both

27/08/2023

Jersey sanctions alerts – have you signed up?

25/08/2023

PwC scandal: Australian Tax Office tried to get federal police to investigate in 2018

25/08/2023

£87m fine for serious risk management and governance failures

25/08/2023

All JERSEY legal person PTCs will now be expected to register for AML purposes.

24/08/2023

GFSC was successful in the Guernsey Court of Appeal in the case of John Robilliard

24/08/2023

GFSC issue sanctions of £155,000.00 and directorships bans up to x10 years

24/08/2023

OFSI Financial sanctions: X11 guides

23/08/2023

Guide to Anti-Money Laundering Services Provider [AMLSP] Application tips and key provisions

23/08/2023

X2 Jersey companies linked to $200 million of Salame frozen assets.

23/08/2023

Jersey Private Trust Companies [PTC] “AS A BUSINESS” test is confirmed and must register

23/08/2023

North Korea have made off with over $200 million in cryptocurrency in 2023

22/08/2023

Samsung bans THE use of “AI” after misuse of a chatbot

22/08/2023

A Comsure workshop [20.9.2023] on the real-world impact of AI, showcasing powerful tools like ChatGPT

21/08/2023

How the UK deals with dirty "corruption" money

21/08/2023

Judge freeze Assets in an alleged $ 11 million fraudulent and money laundering case in Mauritius

21/08/2023

The CoinsPaid Hack Explained: We Know Exactly How Attackers Stole and Laundered $37M USD – lessons learned

21/08/2023

FCA adopts travel rule and encourages other jurisdictions to swiftly implement the same

19/08/2023

Changes to JERSEYS AML/CFT/CPF Handbook - Feedback by 29 August 2023

19/08/2023

JFSC more enhancements to the AML/CFT/CPF Handbook 11 DAYS OF CONSULTATION!!!

18/08/2023

RED FLAGS AND SARS LEAD TO A SEIZURE OF ASSETS WORTH S$1 billion (US$736 million)

17/08/2023

The Artificial Intelligence Act (the "AI Act") is coming to you soon….

16/08/2023

EFG Bank AG, Hong Kong Branch Fined HK$16 Million for AML Violations

16/08/2023

Registry Supervision inspection programme 2023 Q2 feedback published.

16/08/2023

GUERNSEY's new directorship rules for those using the up to "six-directorships' exemption

15/08/2023

JERSEY, the U.S., United Kingdom and Canada sanction the Former Lebanese Central Bank Governor of Lebanon

13/08/2023

University of Mauritius, Cybersecurity & Forensics Research Group (CSFRG) Anthony.

10/08/2023

Guernsey - x3 appellants appeal a decision of the GFSC [X, Y, Z and the GFSC]

10/08/2023

JERSEY AML/CFT requirements for PTCs will be updated in early August 2023

10/08/2023

Guernsey Registered Directors only [less than 6] AML rules

09/08/2023

NIST has released the initial public draft of NIST Cybersecurity Framework 2.0

09/08/2023

GFSC issue £30k fine on an individual

08/08/2023

TWO AML UPDATES FROM JERSEYGOV RE PRIVATE TRUST COMPANIES + DIRECTORS

07/08/2023

Jersey cyber security risk newsletter, sign up to CERT now.

07/08/2023

Board of Directors Handbook for Cloud Risk Governance

06/08/2023

JMLSG Crypto assets Transfers (‘Travel Rule’)

06/08/2023

Guidance:- the use of digital technology in identity verification.

06/08/2023

UK National Risk Register 2023 is published.

06/08/2023

Fronts, Fakes, and Façades - South African and Mauritian Enablers Move Millions From Zimbabwe to Britain

06/08/2023

Dual-use goods [DUG] challenges connected to Proliferation financing

06/08/2023

Jersey update for Directors on anti-money laundering and countering the financing of terrorism

04/08/2023

JERSEY PUBLISHES ITS “FIRST” NRA ON LEGAL PERSONS/ARRANGEMENTS

04/08/2023

JERSEY’S Terrorist Financing NRA – slides and videos.

04/08/2023

EU- SARS/STRs - How useful are they when ONLY 1.1% of the criminal profits are confiscated.

04/08/2023

JFSC 2022 Annual Report

03/08/2023

Financial Action Task Force (FATF) [e.g. MoneyVal] mutual evaluation process – how it works?

03/08/2023

‘Significant increase’ in activity for JFSC, according to its 2022 annual report

03/08/2023

JFSC highlights 120 findings in its 2022 Financial Crime Examination Report

03/08/2023

JERSEY Financial Sanctions Notice: Sanctions and Asset-Freezing (Amendment No. 3) (Jersey) 2023

03/08/2023

GFSC granted leave to appeal [3rd August 2023] RE Domaille, Clarke & Hannis

03/08/2023

JERSEY PUBLISHES ITS NRA ON LEGAL PERSONS/ARRANGEMENTS

03/08/2023

The JFSC has updated its Sound [sensitive] Business Practice Policy [31 July 2023]

01/08/2023

Jersey Financial Intelligence Unit (FIU) Biennial Review & Statistics 2021-22

31/07/2023

A German bank's unknown Jersey structure made transactions with no legitimate contractual basis.

30/07/2023

OFAC's New Video Series: "Introduction to OFAC"

30/07/2023

PEP Changes to the Money Laundering Order into force on 1 September.

28/07/2023

Suspicious [SAR/STR] and dealing with 'no consent' to unfreeze account – a recent Guernsey court decision

28/07/2023

Jersey’s Financial Intelligence Unit becomes operationally independent [27 July 2023]

28/07/2023

GUERNSEY dealing with 'no consent' to unfreeze an account.

28/07/2023

The Island didn’t vote for socialism [Ben Shenton]

28/07/2023

Guernsey trial to determine whether funds help in three bank accounts were proceeds of crime [freeze or unfreeze].

28/07/2023

Honorary consuls are "politically exposed persons" (PEPs) – YES, NOW, DON'T KNOW?

27/07/2023

Police arrest a GHANA PEP after they report the theft of their SOW

26/07/2023

Chinese underground banking and funds from China

26/07/2023

Guernsey - Judgement re TREVOR KELHAM & THE GFSC – the court backed the GFSC.

26/07/2023

Its close….the Proceeds of Crime (Financial Intelligence) (Amendment) (Jersey) Regulations 2022

25/07/2023

Mauritius FSC issues Guidance Notes on Stablecoins for Public Consultation

25/07/2023

What is the FATF Travel Rule?

25/07/2023

FATF EFFECTIVE SUPERVISION AND ENFORCEMENT BY AML/CFT SUPERVISORS

25/07/2023

JFSC say section 6.2.2 Paragraphs 57 and 58 have changed but not 64

25/07/2023

The FATF outlines an effective system to combat money laundering and terrorist financing.

25/07/2023

FATF Consolidated assessment ratings

24/07/2023

Boardroom CYBER-RISK competence training [offered in the Channel Islands/Mauritius/elsewhere]

24/07/2023

That is a wrap. Comsure 5th annual conference closes for another year

24/07/2023

Does the EU 2025 cybersecurity [DORA] law apply to those outside the EU? If yes, what are you doing?

24/07/2023

JFSC 1st July AML handbook has been amended on 21st July 2023 which affects some of the numberings.

24/07/2023

Jersey government FSIU's sanction guidance mentioned in the JFSC AML handbook

24/07/2023

Comsure partners with Clausematch's RegTech Solution in the Channel Islands and Mauritius

22/07/2023

Raising digital business risk awareness in the Boardroom

22/07/2023

Confiscating assets for Indonesia: Interview with Mark Temple KC, H.M. Attorney General of Jersey

21/07/2023

DORA cyber training in the Channel Islands, Mauritius and elsewhere

19/07/2023

AML/CFT update - where is Jersey? video update

19/07/2023

Ricardo Martinelli: Panama's ex-leader guilty of money laundering

19/07/2023

MAS fine x3 banks for not spotting dodgy Wirecard [21 JUNE 2023]

19/07/2023

Wirecard Fraud Scandal: First Criminal Convictions Handed Down In Singapore

19/07/2023

The Chainalysis Crypto Myth Busting Report

18/07/2023

Out now! Europol's Internet Organised Crime Assessment #IOCTA2023.

18/07/2023

A French lawyer challenges AML rules in the EU court of human rights

18/07/2023

CANADIAN LAWYERS exempt from obligation under proceeds of crime law

18/07/2023

Philipp v Barclays: - banks do not owe this duty to customers deceived into instructing their banks to transfer money to fraudsters

17/07/2023

Financial crime risks arising from customer relationships with a nexus to digital assets

17/07/2023

MONEYVAL publishes a report on the risks associated with ML/TF in virtual assets

10/07/2023

HMC personnel among 16 accused of corruption and bribery in Qatar

07/07/2023

GUERNSEY – The GFSC IS DENIED PERMISSION TO APPEAL AT FIRST INSTANCE

07/07/2023

The JFSC announces a 2023 review of systems and controls to prevent and detect Terrorism & Proliferation Financing.

07/07/2023

$12 million frozen following investigation into disgraced art dealer's stolen Cambodian antiquities

07/07/2023

JERSEY at the centre of Largest Ever Forfeiture of Proceeds [$12 million] from the Sale of Stolen Antiquities

07/07/2023

OSINT on UBOs French Companies & Real Estate reveals money launderers & corrupt PEPs

06/07/2023

Cyber risk and investor/client expectations of the board of directors

06/07/2023

Jersey outsourcing [OSP] rules – BEWARE "newly caught" Supervised Persons have SIX [6] months to act

06/07/2023

The JFSC Revised Outsourcing Policy will be effective from 1 January 2024

05/07/2023

How you can detect basic forgeries in identification documents.

05/07/2023

Win a free ticket [worth $800.00*] to Comsure's July 2023 Mauritian Conference.

04/07/2023

Jersey crown and anchor games [gambling] are SCH2 AML regulated

03/07/2023

JERSEY update 30/6/2023 - Lending activity caught by the AML/CFT regime – new FAQS - EVENT

03/07/2023

Cybersecurity for UK pension schemes – where are we now?

03/07/2023

MAURITIUS FSC DRAFT [CONSULTATION] GUIDELINES CLOUD COMPUTING SERVICES [CLOSE 21 July 2023]

30/06/2023

UK Peers Vote to Include F.T.P Money Laundering & Remove S.M.E. Exemption.

29/06/2023

JFSC Sanctions screening systems thematic feedback published.

29/06/2023

2023 MONEYVAL (Council of Europe) has released its annual report for 2022

29/06/2023

FATF grey listing and the impact on Jersey CDD concessions

28/06/2023

JFSC DNFB slides from the fighting financial crime event on 13th June 2023.

27/06/2023

JFSC Exemptions & Registration extensions & more FAQs on Directors/ Family Offices/ trusts & lending activities / private lenders

27/06/2023

JERSEY Trustees, add a date to your diary RE Lending FAQs [30/6/23]

27/06/2023

The JFSC move the SCH2 registration to 30 September 2023: RE Directors/Family Offices/ Trustees who lend

27/06/2023

99% of SARs are given consent.

26/06/2023

THE ROTENBERG FILES [30 thousand emails and 12 thousand documents] show how Putin hides assets

26/06/2023

GFSC exemptions from licensing – personal directorships [15 June 2023]

26/06/2023

UK tax authority clamps down on Pandora Papers tax avoiders.

26/06/2023

EBA says Payments Institutions do not Manage ML/TF Effectively

26/06/2023

Save the date 13th of June - Navigating Data Protection Risk and Liability at Board Level

12/06/2023

Seize Opportunities Now!

12/06/2023

Complimentary data protection CPD on 13th of June

12/06/2023

Comsure’s 5th Annual Mauritius Conference [12/13 July] is MQA APPROVED

12/06/2023

EARLY BIRD RATES – Comsure Mauritius Economic Crime Prevention Conference - 12th & 13th July 2023.

12/06/2023

£3.2 million in UK-HMRC money laundering penalties - £1.4 million being the most significant

12/06/2023

Global Initiative recently published two [OF 13] discussion papers on global criminal markets.

12/06/2023

RUSI Institutional Proliferation Finance Risk Assessment Guide

12/06/2023

In Feb 2023, Mauritian regulators examined Silver Bank in the wake of Trafigura nickel fraud case.

12/06/2023

JERSEY to broaden the scope of sanction reporting [SancSAR]

12/06/2023

10 years later, JERSEY to share Robert Tantular's £1.3 million of dirty money with Indonesia

11/06/2023

Schedule 2 Business Lending FAQs Published on 09th June 2023

11/06/2023

FCA issues £17.2m for serious failings which enabled millions in illegitimate tax reclaims [TAX CRIMES]

11/06/2023

Compliance is “CRAP” and UNNECESSARY, says former CEO

09/06/2023

The UK FCA issues a POLICY AND GUIDE on financial promotion rules for CRYPTOASSETS

09/06/2023

Two Mauritius Companies that Invested in Adani Group were under tax scanner in India

08/06/2023

Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History

08/06/2023

JFSC Schedule 2 FAQs on Lending – still no update

07/06/2023

SEC Files Charges Against Cryptocurrency Platform Coinbase

07/06/2023

The JFSC chair, Mark Hoban, is to step down, Monique O’Keefe as Deputy Chair takes a second term, and x2 new Commissioners join the board.

07/06/2023

Company fine update

07/06/2023

JFSC Mega-code Update – its not happening [for now!!]

06/06/2023

A Jersey prosecution under the "Crime (Transnational Organised Crime) (Jersey) Law 2008" [Jersey's Modern Slavery law]

05/06/2023

Jersey court has recorded the crime of terrorism

05/06/2023

UK Introduction of the corporate FAILURE TO PREVENT [FTP] FRAUD offence.

02/06/2023

Changes to Jersey's Money Laundering (Jersey) Order 2008 (MLO) – consultation open - 12 May 2023 - Closing date: 9 June 2023 changes in force 1 September 2023.

31/05/2023

If Lebanon ducks the FATF grey list, does this show the process is arbitrary

30/05/2023

Revolutionary e-trading venue will connect the dots between digital assets and the FX market

30/05/2023

French regulator fines BMW Finance for weak, dirty money controls

29/05/2023

JFSC WORKSHOP on the role of DNFBPs in fighting financial crime

29/05/2023

The EU updates its high-risk third-country jurisdictions

29/05/2023

WHAT CAN AN AML SERVICE PROVIDER DO FOR ME?

26/05/2023

THREE MORE JERSEY COMPANIES ARE GUILTY & FINED[£] FOR FAILING TO REPORT A NOMINATED PERSON

26/05/2023

The JFSC merge its pooled supervision and new regime teams into a single DNFBP/NPO/VASP Team

24/05/2023

Millions linked with tax evasion allowed to escape Guernsey.

24/05/2023

Money laundering trial against former Panama President Martinelli and others begins

24/05/2023

Jersey Terrorist Financing National Risk Assessment Update 2023

23/05/2023

Government of Jersey publishes Terrorist Financing National Risk Assessment Update 2023

23/05/2023

Facebook owner Meta expected to face record fine over transfer of European data to US servers

22/05/2023

Security flaw in 2FA Google authentication - JFSC myRegistry users beware

22/05/2023

Deadline reminder for submission of the Virtual Asset Service Providers registration

19/05/2023

Pooled Supervision and New Regime Supervision Teams to combine as new DNFBP/NPO/VASP Team

19/05/2023

Notice of Examination on Suspicious Activity Reporting Obligations for Designated Non-Financial Businesses and Professions and Virtual Asset Service Providers

19/05/2023

The beautiful game is dirty – football is an attractive target for money laundering

18/05/2023

The GFSC has fined 2 Directors [one who was a MLRO] £58,500.00 for AML FAILS

18/05/2023

Acting as a director [NED] in Jersey, you are JFSC regulated – but to what degree?

18/05/2023

Money laundering charge following the embezzlement of funds from the Embassy of Kuwait

17/05/2023

ICAEW AML by numbers

17/05/2023

JFSC Schedule 2 update on lending FAQ and JFSC drop-in sessions

16/05/2023

Tory donor's link to massive money laundering case via Seychelles - the Baltic – Glasgow – BVI - London

16/05/2023

Countering the Financing of Terrorism – An IMF Book on Good Practices to Enhance Effectiveness

16/05/2023

“South Africa” is off the JERSEY Cannabis Exemption List of Jurisdictions

15/05/2023

JFSC PRIVATE TRUST COMPANIES & FAMILY OFFICES X17 FAQS & GUIDANCE - DATED: 12 MAY 2023

15/05/2023

NCSP® Awareness Certificate - Self-Paced Video Training

12/05/2023

IT COULD BE YOU - A Gibraltar estate agent has been fined for breaching anti-money laundering obligations.

12/05/2023

JERSEY - Changes to the Money Laundering Order [consultation]

12/05/2023

JFSC public statement against Former 'lawyer of the year' jailed for taking £29k from an older adult

12/05/2023

Schedule 2 Business: Private Trust Companies and Family Offices FAQs

12/05/2023

Comsure offers the NIST Cyber Security Professional (NCSP®) program in the Channel Islands, Mauritius and beyond

10/05/2023

Banque Havilland and its managers are fined for trying to devalue the Qatari Riyal

06/05/2023

Did a British Virgin Islands [BVI] company obtain contracts through bribes

06/05/2023

Jersey – you must registration as an AMLSP before 30 June 2023.

05/05/2023

Divorce cases reveals 25 residential properties, including a Dubai mansion, worth a total of around $80m (£64m).

05/05/2023

CyberFlix: an interactive video - and related downloads - to help secondary school kids stay safe online

04/05/2023

Guernsey case shows there are no proceeds of crime – lessons on consent

04/05/2023

Jersey Draft Probate (Amendment) (Jersey) Law 202- increases the limit to £30,000 from £10,000

04/05/2023

A JERSEY GOV industry update on the National Risk Assessments [NRAs] for Jersey

04/05/2023

The UAE central bank WILL cancel Russia's MTS bank licence

04/05/2023

Russian charged with money laundering and illegally transmitting more than $150 million.

03/05/2023

Amazing feedback from the AML training

03/05/2023

Guernsey FIU update guidance on CONSENT / SARS

03/05/2023

THE GFSC ARE APPEALING 18 April 2023 JUDGEMENT

30/04/2023

UK company set up in name of a JERSEY/UK SANCTIONED individual who is A top Putin official in Ukraine.

28/04/2023

Chinese banks ‘laundering cash for drug cartels’ as $154 billion pass through China each and every year

28/04/2023

Anti-Money Laundering Services Provider (AMLSP) FAQs Guidelines and Legal Notices

28/04/2023

British American Tobacco Plc to pay more than $635 mln in North Korea sanctions case

27/04/2023

Fugees rapper convicted of international political conspiracy

27/04/2023

Jersey attends MONEYVAL Ministerial meeting in Warsaw

27/04/2023

GUERNSEY Royal Court judgement overturns fines and prohibition orders imposed by GFSC

26/04/2023

JFSC Update: Exemptions – Registration Extension for Directors and Family Offices NEXT UPDATE = Monday 15 May 2023.

26/04/2023

A judge’s view of the regulators approach to supervision and enforcement

26/04/2023

A Lawyer acting for a Russian oligarch pleads guilty to conspiring to commit money laundering to promote sanctions violations.

26/04/2023

NOT knowing your UBO fuels US$11.5bn in illegal fishing [your fish supper!!]

26/04/2023

Money laundering cash couriers smuggled £100 million in suitcases

26/04/2023

JERSEY £36K in CRIMINAL FINES under the Financial Services (Jersey) Law 1998

25/04/2023

Jersey Government - Consultation on Changes to the wire transfers regulations

24/04/2023

JFSC rules to appoint an anti-money laundering services provider [AMLSP] to fulfil the obligations of a relevant person.

23/04/2023

Grand Court judge criticises AML Regulator for its overzealous approach and interpretation of the rules.

21/04/2023

JFSC SCH2 Registration Extension for Directors and Family Offices ONLY

20/04/2023

Revised JFSC Director FAQs published on Friday 14 April.

20/04/2023

Six ex-Danske employees charged with money laundering

19/04/2023

The U$ OFAC hits Nazem Said Ahmad’s network of 52 individuals and entities

19/04/2023

Jersey's Attorney General Fresh guidance on Art78 and company director disqualification

19/04/2023

Excellent feedback from Community Savings, Jersey

19/04/2023

Underground drug-money bank laundering EUR 180 million liquidated by law enforcement agency Europol

18/04/2023

UK/JERSEY sanctions art dealer with suspected ties to Hezbollah

18/04/2023

Wolfsberg Group Publish updated 2023 ABC Guidance

17/04/2023

Jersey Attorney General’s Guidance on Deferred Prosecution Agreements

17/04/2023

WOW…..COMSURE IS 18

17/04/2023

JERSEY - 1st JOIC Public Statement re DSAR failure

16/04/2023

Jersey - The "Minister for External Relations and Financial Services" is now the "Minister for External Relations".

16/04/2023

UK DUAL CRIMINALITY and UK EXTRADITION and OFAC [OVERSEAS SANCTION] risk

16/04/2023

Seychelles addresses x5 more FATF deficiencies

14/04/2023

OCCRP best practices on how to investigate names from outside the English-speaking world

13/04/2023

CATALOGUE OF EDD RESEARCH DATABASES

13/04/2023

JFSC approach to risk [revisit a speech in 2021]

13/04/2023

JFSC update [23 March 2023] ON ITS ML/PF/TF source guidance – essential links for everyone

12/04/2023

JFSC AML/CFT/CPF Handbook - sections 1-18 are UPDATED!!!!!!!

12/04/2023

Money laundering and sanctions evasion using the art market.

12/04/2023

UK sanction - x2 Cypriots oligarch enablers [a lawyer and TCSP director] along with oligarch family members and Alisher Usmanov financial network

12/04/2023

JFSC Thematic Examination: IFA investment services to vulnerable persons

11/04/2023

JFSC Industry Guidance on remediation action plans [extracted text added]

11/04/2023

UK GOV - The failure to prevent [FTP] FRAUD OFFENCE is ready to go.

11/04/2023

JERSEY – It is time to dust down your Intermeddling procedures

10/04/2023

Leonardo DiCaprio testifies at rapper’s money-laundering trial

10/04/2023

City traders jailed for £315m Balli Group fraud, but where is the money?????

10/04/2023

Is your board full of yes people

10/04/2023

New guidance notes and Codes of Practice proposed for the AML/CFT Handbook

10/04/2023

JULY 2023 – JERSEY New AML guidance notes and Codes of Practice [DO NOT FORGET]

10/04/2023

JFSC Industry Guidance on remediation action plans

10/04/2023

JERSEY – It is time to dust down your Intermeddling procedures

06/04/2023

Leonardo DiCaprio testifies at rapper’s money-laundering trial

06/04/2023

City traders jailed for £315m Balli Group fraud, but where is the money?????

06/04/2023

Is your board full of yes people

06/04/2023

A man is arrested as FCA orders WealthTek Limited Liability Partnership to stop operations.

06/04/2023

Mauritius - Comsure's Economic Crime Prevention Conference [12th & 13th July 2023]

06/04/2023

JFSC Feedback from Registry inspections in 2022

05/04/2023

Guernsey Consultation on Independent Audit, Business Risk Assessments and VASPs

05/04/2023

ScamAdviser Coin April Fools campaign.

05/04/2023

Jersey Suspicious Activity Reports: Industry Feedback Q4 2022

05/04/2023

JFSC NPO Newsletter NO1 = 31 MARCH 2023

04/04/2023

JFSC TO VISIT JERSEY NPOs

04/04/2023

Feedback from Registry inspections in 2022

04/04/2023

Abramovich funded Vitesse Arnhem via a complex network of offshore entities

03/04/2023

Jersey JFSC regulated firms," Are you assessing your governance arrangements and effectiveness"?

03/04/2023

Comsure Group supports the NIST Cybersecurity Framework training program in Jersey, Guernsey or Mauritius.

03/04/2023

GOOD & BAD PRACTICES - AML/CFT BRAs & STRATEGIES

03/04/2023

Jersey - Are you caught by SCHEDULE 2 and regulated for AML?

03/04/2023

3 APRIL - Seven years later, where are the key Panama Papers figures?

03/04/2023

Fantastic feedback following an AML board presentation

03/04/2023

Jersey FIU – be aware of changes [03- April- 2023] to POLSAR and the User Guide Manual

02/04/2023

JFSC publish information and guidance on its OBLIGED PERSONS RELIANCE “Thematic” findings and expectations.

31/03/2023

Just as Jersey brings in its Senior Management Function Regime [SMFR] the UK Government start a review on its SM&CR

31/03/2023

I'M CONFUSED – ARE THOSE RULES OR GUIDELINES

30/03/2023

Jersey AML SUPERVISED BUSINESS are also 1] REGISTERED PERSON 2] REGULATED PERSON 3] PRESCRIBED NPOs 4] SCHEDULE 2 BUSINESS

30/03/2023

4 bankers jailed for money laundering fails

30/03/2023

Mauritius, Comsure's Economic Crime Prevention Conference [12th & 13th July 2023]

30/03/2023

New EU measures against money laundering and terrorist financing

29/03/2023

New EU UBO % de minimis [15% - 5%] – TIME TO REVISIT EDD POLICIES?

29/03/2023

Another JFSC update on offering greater clarity to the SCH2 remodelling – more to come?

29/03/2023

The JFSC has updated its 2006 “Securities Issues by Jersey Companies” guidance

28/03/2023

William Hill Group businesses to pay record £19.2m for failures

28/03/2023

Gold Mafia - The Laundry Service I Al Jazeera Investigations [Episode 1]

27/03/2023

TI's Financial secrecy index offers a counterbalance to Corruption Perceptions Index 2022

27/03/2023

JFSC admission for greater clarity on NED SCH2 exemptions and the transitional period

26/03/2023

MONEYVAL Chief is linked to Russian Intelligence and has stepped down from his position

26/03/2023

FATF Consolidated assessment ratings on 205 jurisdictions @ 20 FEB 2023

26/03/2023

PART 2 – THE WORLD’S BIGGEST BRIBE SCANDAL - UNAOIL: THE COMPANY THAT BRIBED THE WORLD

26/03/2023

PART 3 – THE WORLD'S BIGGEST BRIBE SCANDAL - UNAOIL: THE COMPANY THAT BRIBED THE WORLD

26/03/2023

WORLD’S BIGGEST BRIBE SCANDAL - UNAOIL: THE COMPANY THAT BRIBED THE WORLD

24/03/2023

ONECOINs Head of Legal and Compliance extradited from Bulgaria to the United States

23/03/2023

ESTATE AGENTS - MONEY LAUNDERING RISK- AN OVERVIEW

22/03/2023

Head of compliance facing 40-year sentence after US extradition

22/03/2023

JFSC corrected its appendix D2 on 20 March 2023 and said sorry :)

21/03/2023

JFSC highlight money launderers who targeted a jeweller - no convictions or regulatory sanctions to date

21/03/2023

Jersey - Unauthorised Schedule 2 business deals with criminal property - no convictions or regulatory sanctions to date

21/03/2023

The JFSC has started its Thematic on Class G (TCB) Natural Persons providing Director Services

21/03/2023

HMRC SANCTIONS - Stop providing trust services to Russians [FROM 21 March 2023]

21/03/2023

Who enabled the Uzbek Princess's £200 million spending spree?

20/03/2023

JFSC “final version” Appendix D2 amended to correct updates originally published on the 15th

20/03/2023

Three Islanders in court after alleged £3.7m fraud

17/03/2023

SIGNATURE BANK investigated for money laundering failures……?

16/03/2023

FATF Countering Ransomware Financing [14 March 2023]

16/03/2023

Jersey Company Directors take note the Attorney General has issued guidance.

16/03/2023

WOLFSBERG Publication of the Negative News Screening FAQs May 11, 2022

16/03/2023

COINBASE issues a crypto assets tax warning about HMRC declarations

16/03/2023

JERSEY DEFERRED PROSECUTION AGREEMENTS LAW IS IN FORCE [03/03/2023]

13/03/2023

Jersey FIU update on terrorist financing [23/3/2023]

13/03/2023

£10m fraudulent Bounce Back Loans (BBLs) laundered through shell companies

13/03/2023

X4 bankers on trial for not doing their CDD properly….!!!

11/03/2023

After x27 years, 'BRIBE MONEY' placed in Jersey trust & bank to be returned to Mozambique

10/03/2023

'BRIBE MONEY' placed in Jersey trust to be returned to Mozambique

10/03/2023

Jersey update on Proliferation Financing Q&A – Darya Dolzikova, Research Fellow with RUSI

10/03/2023

Ex-Goldman banker sentenced to 10 years prison following the $4.5 billion 1MDB corruption scandal.

10/03/2023

The FATF has published guidance on beneficial ownership of legal persons.

10/03/2023

Jersey Financial Intelligence Unit (FIU) Q4) statistical report of 2022

08/03/2023

A Gibraltar businessman and his son face money laundering charges after concealing £22 million in undeclared tobacco sales

08/03/2023

Jersey-registered Glencore is now guilty of bribery in the US, and fines increase to $883 million

06/03/2023

I AM A JERSEY DIRECTOR. AM I REQUIRED TO BE REGISTERED AND REGULATED? See the JFSC FAQ page

06/03/2023

JFSC Guidelines on interpretation schedule 2

06/03/2023

Three city workers sentenced in an $8.45m hedge and wealth fund fraud [20 February 2023]

27/02/2023

The FATF Grey list is updated, Russia suspended & the JFSC updated their D2 list

25/02/2023

Elephants Don't Forget: FCA Enforcement Puts' Inadequacy of Staff Training' Under the Microscope

25/02/2023

Jersey CDD exceptions fall away after FATF issues grey list rating

25/02/2023

Jersey warned about ‘proliferation financing’ & funding the development of weapons of mass destruction.

25/02/2023

Understanding the 2022 Jersey National Strategy for Combatting Financial Crime

24/02/2023

Jersey update on Digital ID, Obliged Entities and Exemptions [16 November 2022]

24/02/2023

JFSC update on Enhanced Due Diligence techniques [Oct 22

24/02/2023

A briefing on Jersey financial crime Typologies publications [@31 Jan 2023]

24/02/2023

A briefing on Jersey Legislative changes to anti-money laundering enforcement [@31 Jan 2023]

24/02/2023

Jersey FIU MONEYVAL Preparations and Update

24/02/2023

The founder of the Wagner mercenary group passed UK LAWERS KYC checks with his mother’s utility bill.

23/02/2023

£107m [x7] key failings @ Santander UK Plc [Dec 2022]

21/02/2023

The JFSC guidance on schedule 2 activities and the test of "WHEN CONDUCTED AS A BUSINESS."

21/02/2023

JFSC Notice: 30th January 2023 - Appointment of an AML services provider to fulfil obligations of relevant person

21/02/2023

Jersey Class G directors are on notice for a March visit….are you [the Class G] ready?

21/02/2023

The Jersey FIU has appointed a New director

20/02/2023

UK LAWYERS Your AML questions answered

17/02/2023

A Russian dream is to steal a toilet and die!!! [Sanitary ware added to EU sanctions]

17/02/2023

Jersey & the BVI lead the pack in owning large parts of Britain’s property market

17/02/2023

IOM FSA to pay costs after a tribunal found it had acted unreasonably by exceeding its powers.

16/02/2023

BVI, Costa Rica, Marshall Islands & Russia added to EU list of non-cooperative jurisdictions for tax purposes

15/02/2023

Jersey Sanctions Amendment No. 3 Legislation Lodged for States Debate on 21 March 2023.

14/02/2023

JERSEY 28 FEBRUARY 2023 = REVISED OUTSOURCING CONSULATION CLOSES:

14/02/2023

The facilitation of tax evasion; are your prevention procedures still reasonable?

13/02/2023

UK pays EU £1.7bn to settle long-running import fraud case

13/02/2023

JERSEY Amendment to Schedule 2 Business Activities - Schedule 2 – JFSC guidance

12/02/2023

X2 Jersey Money Launderers sentenced to a combined 8 years.

12/02/2023

JFSC deadline extended for 2022 data collection exercise for BANKS / MONEY SERVICE BUSINESSES

12/02/2023

FATF statements on CULTURE & Challenges for TCSPs risk-based approach [RBA]

10/02/2023

HKMA GUIDANCE PAPER on Transaction Monitoring, Screening and STR [Revised Feb 2023]

10/02/2023

Embedded CULTURE is a FATF requirement…how do you stand up to scrutiny? Find out at a free Feb CPD event.

10/02/2023

DRAFT PROBATE (AMENDMENT) (JERSEY) LAW 202- to move a £30k moveable estate test

10/02/2023

ONE-OFF TRANSACTION CHINA RISK AND Stringent local capital offshoring controls

09/02/2023

UK - THE FIRST PROSECUTION FOR ALLEGED COMMERCIAL ORGAN DONATION HIGHLIGHTS THE UGLY SIDE OF FINANCIAL CRIME [ML]

08/02/2023

Jersey legislation for Limited Liability Company (LLC) in force on 14 February 2023,

08/02/2023

Amendment to Schedule 2 Business Activities from 30 January 2023 – the laws, rules and guides

08/02/2023

The JFSC 2023 Business Plan launch and presentation

08/02/2023

Comsure’s iTrack Client Risk Assessment (CRA) – used by TCBs, investment businesses, estate agents, accountants and others

08/02/2023

Guernsey GFSC go again…..two individual fines totalling £166,000.00.

07/02/2023

Where did the PEP spy chief get £16 million to buy John Terry's house?

07/02/2023

Guernsey PCC linked to PEP [SOE] son’s £17m UK property – time to check SOF/SOW?

07/02/2023

JFSC NEW AML/CFT/CPF HANDBOOK SECTION [Section 18] for AMLSPs and their customers

07/02/2023

JERSEY VA/VASPs registration update [you need to resubmit if already registered]

07/02/2023

The Mauritius FSC go REG TECH and becomes a digital regulator

07/02/2023

Jersey’s External Relations Minister resigns from responsibility for the island’s financial services

06/02/2023

The JFSC instructions are in for the 2022 Supervisory Risk Data Collection Exercise – THE DEADLINE IS 30TH APRIL .

02/02/2023

Mauritius Supreme Court ordered Franklin's bank accounts to be frozen

01/02/2023

X5 UK individuals face INSIDER DEALING and MONEY LAUNDERING charges

01/02/2023

The 2022 Corruption Perceptions Index (CPI) is out

31/01/2023

The 16th edition of the Global Peace Index (GPI)

31/01/2023

X9 new AML codes across five sections of the JFSC handbook

31/01/2023

Virtual Assets [VA] Red Flags of Financial Crimes and Terrorist Financing

28/01/2023

Repeat AML offender fined £6.1m [earlier fines were £2.2 and £3.4]

27/01/2023

SuperSARs and information sharing in the regulated sector

27/01/2023

Jersey Financial Crime Typologies published for 2023.

27/01/2023

FREE CPD TRAINING [21 FEB 2023] - ASSESSING GOVERNANCE ARRANGEMENTS

26/01/2023

UK New offence of failure to prevent fraud on the horizon

26/01/2023

UNODC Global Report on Trafficking In Persons

25/01/2023

The new failure to prevent money laundering offence in Jersey – have you thought about it?

25/01/2023

The JFSC publish its Thematic examination programme 2023

25/01/2023

Oleg Deripaska gets more people in trouble as the US arrests and charges an Ex-FBI agent and Diplomat

24/01/2023

EY fired partner for not approving illegal transactions after crystallising "PROFESSIONAL SKEPTICISM,"

24/01/2023

JERSEY FIU UPDATE RE POLSAR

23/01/2023

Comsure training – An introduction to Virtual Assets[VA], VA Service Providers [VASPs] and regulatory standards

23/01/2023

SRA AML gloves are off as it fines small law firm £20,000 for AML conveyancing work breaches

23/01/2023

Understanding the difference between auditing and monitoring

20/01/2023

Bitzlato's co-founder is arrested and charged for processing $700m in financial crimes

20/01/2023

JFSC have questions about money flows

20/01/2023

Jersey JFSC regulated firms," Are you assessing your governance arrangements and effectiveness"?

20/01/2023

HMRC names AML Tax (UK) Limited & three schemes linked to Mone’s husband as tax avoidance

20/01/2023

Isle of Man [IOM] firms on HMRC list tax avoidance schemes, promoters, enablers and suppliers

20/01/2023

Good Companies Commit Crimes, But Great Leaders Can Prevent Them [READ THE BOOK]

19/01/2023

Crypto Lender Nexo Sues Cayman Island's Regulator for Denied VASP Registration while under investigation in Bulgaria

19/01/2023

COMSURE TRAINING - CLIENT ONBOARDING & BUILDING A DOCUMENTED RISK-BASED CDD PROCESS

19/01/2023

FCA Dear CEO letter to Wholesale Brokers & Money Laundering Control issues

12/01/2023

Dubai regulator upholds $135.6 million fine on Abraaj founder and former CEO [Jan 3, 2023]

12/01/2023

Privy Council case of Equity Trust v Halabi – CPD opportunity from HNW Advisor

12/01/2023

JFSC Notice on designating "senior management functions."

12/01/2023

GFSC issued a financial fine [£280k] against GFG Limited (in voluntary liquidation)

12/01/2023

JFSC Notice on designating "senior management functions."

12/01/2023

JFSC Business Plan 2023 presentation is on Feb 08th

11/01/2023

FCA fines Guaranty Trust Bank (UK) Limited £7.6 million

11/01/2023

The JFSC update its website to help with the “Prescribed NPO” Order & Codes

10/01/2023

Useful risk guidance [for all] in the JFSC NPO AML guidance handbook [section 17]

10/01/2023

UK threshold [£250.00] variations when seeking a defence( DAML) against money laundering

09/01/2023

X5 Nigeria National Inherent Risk Assessments (NIRA) published on Money Laundering, Terrorist Financing, Proliferation Financing

09/01/2023

Swiss investigate a Russian oligarch who helped finance Tom Cruise's film Top Gun

07/01/2023

MADOFF: The Monster of Wall Street NETFLIX docuseries [Release year: 2023]

07/01/2023

Barbershop owner jailed for using Covid grants to fund terrorists

06/01/2023

UK government bans trust services for designated Russian persons [STEP UPDATE - Thursday, 05 January 2023]

06/01/2023

Luxembourg financial regulator orders foreign branches to report AML setup every year

06/01/2023

JFSC 2022 AML/CFT/CPF Supervisory Risk Data Collection Exercise to begin in February

05/01/2023

Guernsey SARS now includes the Proliferation of weapons of mass destruction.

05/01/2023

Supermarket ending most motorsport sponsorship amid money laundering investigation

05/01/2023

Guernsey Thematic Reviews – update list [up to 15 Dec 2022]

05/01/2023

22 December 2022 - JFSC thematic financial crime risk assessments and AML/CFT strategies report published

03/01/2023

GFSC Thematic Review of AML BRAs – check sheet to consider sufficiency and suitability

03/01/2023

Happy New Year !!!

31/12/2022

JFSC TCB Fees 15.4% increase explained [To note:- the 20% FINE discount is still to be added]

31/12/2022

GFSC issue x2 fines totaling £236,810.00 [@30th December 2022]

31/12/2022

GFSC Thematic Review of ML and TF Business Risk Assessments [15th December 2022]

31/12/2022

JFSC amends its 2022/2023 AML/CFT/CPF Handbook

30/12/2022

JFSC adds EXPLANATORY GRAPHICS - NO5 [SAR] to 2022-2023 AML/CFT/CPF Handbook

30/12/2022

JFSC adds EXPLANATORY GRAPHICS - NO4 [RELIANCE] to 2022-2023 AML/CFT/CPF Handbook

30/12/2022

JFSC adds EXPLANATORY GRAPHICS - NO3 [3 tier test] to 2022-2023 AML/CFT/CPF Handbook

30/12/2022

JFSC adds EXPLANATORY GRAPHICS [RELIANCE] to draft [under consultation] 2023 AML/CFT/CPF Handbook

30/12/2022

JFSC adds EXPLANATORY GRAPHICS - NO1+2 [BRA] to 2022-2023 AML/CFT/CPF Handbook

30/12/2022

21st of December 2022 - The JFSC has issued an enforcement public statement about Lutea Holdings Limited and Lutea Trustees Limited

28/12/2022

HM Treasury - Annual report for 2020 to 2022 on AML/CFT supervision.

28/12/2022

Jersey [JFSC] outsourcing policy and guidance notes – update on consultation

28/12/2022

Have a lovely Christmas, and start the New Year.

20/12/2022

JERSEY; DSP, AMLSP, PESP ….it all smells like MoMe spirt!!!!

19/12/2022

Jersey Directors & NEDs [less than x6], you are ALL now caught in the AML/CFT NET

19/12/2022

2022 Tax Justice Network beneficial ownership registration report

16/12/2022

UK Russian Sanctions Extended to include Trust Services dealing with persons connected with Russia

16/12/2022

JERSEY’S Automatic implementation of UK Sanctions on Russia

16/12/2022

GALAXKEY'S EKYC SOLUTION, POWERED BY YOTI

09/12/2022

Jersey's judgement highlights the direct relationship between a laundering offence and the original antecedent [predicate] offence.

08/12/2022

MALTA’s FIAU fines HSBC €82,000 for AML breaches re transaction monitoring

06/12/2022

JERSEY DISMISS APPEAL FOR A REDUCTION IN MONEY LAUNDERING SENTENCE

06/12/2022

Tycoon ‘linked to laundromat money laundering operation’ in secrecy battle

04/12/2022

Money laundering in football? At Juventus? Watch this space……

02/12/2022

JFSC Feedback on Digital ID System adoption Consultation [30 November 2022]

02/12/2022

Banks failing to comply with FINACIAL CRIME LAWS inc Sanctions lists

02/12/2022

SOLICITOR JAILED FOR 12 YEARS FOR CASTLE FRAUD AFTER PRIVATE PROSECUTION [2 DECEMBER 2022]

02/12/2022

FATF guidance on Money Laundering from Fentanyl and Synthetic Opioids

01/12/2022

Doesn't anyone do due diligence anymore?

01/12/2022

Ex FATF CHIEF SAYS - Stop ticking boxes AND take action on money laundering

01/12/2022

FREE OFSI Financial Sanctions Search & Screening TOOL

01/12/2022

FCA fines Julius Baer International Limited £18m and publishes decision notices for x3 individuals

01/12/2022

Washing machines, refrigerators and electric breast pumps fuelling Russian war machine

30/11/2022

G in ESG: FCA to examine firms' governance to improve culture

30/11/2022

CULTURE – FCA SPEECH - From Zeroes to Heroes: How culture in financial services can change for everyone’s benefit

30/11/2022

JFSC – JERSEYGOV 19 Oct Event on Combatting Financial Crime: CDD & Enhanced Due Diligence thoughts

29/11/2022

The EU want to Tackle tax evasion Enablers [SAFE]

29/11/2022

For when truth becomes subjective, nothing can be falsified.

28/11/2022

Elon Musk's 6 business principles

25/11/2022

Law firms under “active investigation” for flouting sanctions regime

25/11/2022

The European Court of Justice Strikes Down Public Access to Beneficial Ownership Information: First Thoughts

24/11/2022

Ukraine war: European Parliament votes to declare Russia a 'state sponsor of terrorism'

24/11/2022

We need an international corruption court

22/11/2022

DPAs in Jersey

20/11/2022

Former Tesla Motors Australia director pleads guilty to insider trading

20/11/2022

A UK report on Fighting Fraud: Breaking the Chain.

20/11/2022

SFO go again. Next up [after Glencore] are the Balli Steel executives and a $150 million fraud

14/11/2022

Has your washing machine turned into a banned dual-use good?

09/11/2022

Fantastic feedback following AML support staff training

09/11/2022

The Serious Fraud Office -v- Glencore Energy UK Ltd Sentencing Remarks of Mr Justice Fraser [3 November 2022]

08/11/2022

NCSC's cyber security FREE training for staff is now available

07/11/2022

The FCA needs sharper teeth says NICK SMITH Labour MP for Blaenau Gwent

04/11/2022

Moneyval has landed in Jersey

04/11/2022

Christopher Byrne banned by the JFSC, 4 years after being sentenced to 7 years imprisonment for financial misconduct

04/11/2022

Comsure final 2022 AML workshop - last call for all revellers :-)

03/11/2022

Regulator could lose immunity from civil damages lawsuits

03/11/2022

A Jersey-based PLC's UK subsidiary is the first company to be prosecuted by the SFO for paying bribes

03/11/2022

A Jersey-based PLC's UK subsidiary is the first company to be prosecuted by the SFO for paying bribes

03/11/2022

Essex Boys oil traders fail in a court challenge

03/11/2022

JFSC publish an AML Business Risk Assessment guide [but you have to find it]

03/11/2022

Jersey’s AML Handbook to be updated and is out for consultation now [closes 13 January – live July 2023]

02/11/2022

JFSC publish new guidance notes and Codes of Practice consultation for the AML/CFT Handbook

31/10/2022

Data breach – one rule for one, one rule for another! What would happen at your organisation?

28/10/2022

The UK's Financial Conduct Authority has fined mortgage lender millions for money laundering failures

28/10/2022

AML Feedback Jersey based Global Trust and Fund company

28/10/2022

FATF Call for Action (aka "blacklist") and EDD

26/10/2022

Millions in UN Funding Flow to War Profiteers and Human Rights Abusers in Syria, Study Shows

26/10/2022

“Adolf Tooth Fairy Hitler” and 800 ‘zombie-Dead directors’ on official records listed at Companies House

26/10/2022

Credit Suisse to pay €238 million fine in France to settle fraud probe and wait on other investigations to crystallise

25/10/2022

UK ban on providing professional and business services to persons "connected with Russia" [ A Reminder July 2022]

24/10/2022

The JFSC remind Industry about EMPLOYEE verification responsibilities

24/10/2022

FINTEC/REGTECH wins AML case against Dutch regulator for being "antiquated and ineffective"

24/10/2022

Mauritius – whatever happened to the money laundering investigation into CBC and its CEO

24/10/2022

Failure to report STR was due to CEO’S Negligence

24/10/2022

Five Russian Nationals and Two Oil Traders Charged in Global Sanctions Evasion and Money Laundering Scheme

21/10/2022

Mauritius – whatever happened to the money laundering investigation into CBC and its CEO

21/10/2022

FINTEC/REGTECH wins AML case against Dutch regulator for being "antiquated and ineffective"

21/10/2022

LaFarge SA is guilty of supporting foreign terrorist organizations

19/10/2022

Report says Lawyers face near impunity for breaching money laundering rules in UK

18/10/2022

UK companies are the common denominator to the high-profile financial crime schemes

18/10/2022

UK A new economic crime bill

17/10/2022

SAUDI ARABIA FREEDOM ON THE NET 2021 = 24/100

17/10/2022

Criminality in Saudi Arabia - The Organized Crime Index

17/10/2022

The Government of Jersey launches Financial Crime Risk Assessment.

17/10/2022

The Government of Jersey is undertaking an NRA [risk assessment] of legal persons and arrangements.

17/10/2022

A CEO is being prosecuted for lying [fraudulent, misleading statements] about their bank AML framework

15/10/2022

Withdrawing a 13-year regulatory [JFSC] ban is a huge decision.

15/10/2022

After 13 years, the JFSC withdraw "Regulatory Directions" on an ex-regulated person

14/10/2022

UK NCA announces details about the arrest of a businessman on suspicion of fraud and sanctions evasions.

14/10/2022

£500,000 IN FINES SHOWS HMRC CRACKING DOWN ON UNLAWFUL ESTATE AGENTS

13/10/2022

Enabler who hid assets of a sanctioned Russian oligarch faces up to 60 years in prison

13/10/2022

Big changes to the JFSC AML/CFT Handbook being proposed for early 2023

13/10/2022

Explanatory video on The JFSC's anti-money laundering exemptions consultation

10/10/2022

Jersey cash business [€15,000 >] are you AML registered with the JFSC? IF NOT, BEWARE!!!

07/10/2022

JFSC survey for everyone – have your say

07/10/2022

EU list of non-cooperative jurisdictions for tax purposes [OCTOBER 2022 UPDATE]

06/10/2022

Mauritius FSC AML HANDBOOK Updated on 21 September 2022

06/10/2022

A 2017 guide to financial services regulation in Guernsey

06/10/2022

GFSC Risk Based Supervision in Guernsey

06/10/2022

Jersey to return £1.9 million of tainted funds to Nigeria

03/10/2022

Jersey connected Russian Oligarch Oleg Deripaska and Associates Indicted for Sanctions Evasion and Obstruction of Justice

02/10/2022

£3,396,124.05 in JERSEY benefit fraud – is it time to look more closely at MONEY LAUNDERING risk in Jersey?

02/10/2022

Ex Nigerian general with dodgy name cannot recover £2m from Jersey

02/10/2022

LAW firms under aml pressure - REGULATORY FINES TRIPPLE in five years, from £87,000 in 2017/18 to £299,925 2021.

29/09/2022

SRA fines on lawyers multiply after an AML compliance crackdown

29/09/2022

WINE SUPPLIER PAYS PRICE FOR IGNORING SANCTIONS

29/09/2022

JERSEYGOV publishes RED LINES to businesses and takes control of the JFSC Sound Business Practice Policy

28/09/2022

FATF webinar on beneficial ownership transparency of legal persons.

28/09/2022

US regulators fine 16 firms $1.8 billion over staff communications on unofficial channels

28/09/2022

Jersey’s AML budget is £1.8m [PA] and will employee 29 additional AML employees

28/09/2022

Recent Jersey Money Laundering Prosecutions highlighted in 2022 JERSEYGOV risk documents

28/09/2022

Jersey National Strategy for AML,CFT,CPF – latest updates - Sept 2022

27/09/2022

Automatic implementation of UK Sanctions on Russia

24/09/2022

GFSC issued another regulatory fine

21/09/2022

Is there an enhanced AML risk with wealthy Jersey immigrants spending between £2.5 and £8.0 rather than over £10m!!!!

16/09/2022

Warning – The JFSC proposals for AML “exempt” businesses may result in lots of hard work for TCSBs/FSBs

16/09/2022

Comsure is in Mauritius between 14th-24th November 2022 – book Comsure for your annual refresher or dedicated compliance training in the comfort of your own offices.

16/09/2022

There is good news for Emma. She has won her compensation.

15/09/2022

Mauritius Director of Public Prosecutions v AA Bholah [2011] and the irresistible inference test

15/09/2022

Guernsey Commission have imposed a discretionary financial penalty of £35,000 on Gary William Jason Durkin

14/09/2022

New UK register of overseas owners of UK properties' is riddled with flaws'

14/09/2022

JFSC Feedback and further consultation on Arranging in Investment Business

13/09/2022

Thank you, ma'am, for everything. God save the King.

09/09/2022

JERSEY BENEFIT FRAUDSTERS ARE MONEY LAUNDERERS – HOW LONG BEFORE LOCAL SERVICE PROVIDERS ARE CHECKED?

07/09/2022

Benefit fraud in jersey in 2020 (FOI)

07/09/2022

Jersey FIU changes contact details

05/09/2022

Russia Sanctions – snap-shot of the Key UK Legislative Developments

05/09/2022

Samantha J Sheen joins JFSC as Interim Executive Director of Supervision

02/09/2022

What does a regulator want from compliance - Every senior business leader should spare 10 minutes to read this speech

02/09/2022

Comsure Jersey event 5th October 2022 "Assessing Governance Effectiveness and Culture."

01/09/2022

Israel sanctions 20 people and companies accused of HAMAS money laundering

01/09/2022

Strengthening AML/CFT Practices for External Asset Managers

30/08/2022

Abacha - After Jersey's $311.7m repatriation of stolen funds, $23m follow from the UK

24/08/2022

FCA issued a £12.5m fine to Citigroup Global Markets

22/08/2022

JFSC SHIPS AND OTHER VESSELS RISK GUIDANCE 22/4/21/22

22/08/2022

A Judicial review on disclosing STR/SARs sent to the FIU

17/08/2022

2022 APG YEARLY TYPOLOGIES REPORT:- includes illegal, unreported and unregulated fishing (IUU).

17/08/2022

EU Draft Guidelines on the use of remote customer onboarding [ID&V] solutions

17/08/2022

JFSC fines Lloyds £498,000.00 [inc.50% discount] for AML failures

12/08/2022

Investment manager behind £100 million jailed for 14 years for money laundering and fraud

12/08/2022

AML Risk in the TCSP sector

11/08/2022

An extraordinary & unprecedented case as the High Court finds a solicitor guilty of criminal contempt of court for destroying documents in response to a Search Order

10/08/2022

The JFSC picks 24 firms for SANCTIONS thematic examination

09/08/2022

AML training Testimonial from Compliance officer Jersey LIFE & PENSIONS company

05/08/2022

A good question about Jersey's Public Sector – the issue goes to the heart of the island's integrity

05/08/2022

BRITISH ART MARKET FEDERATION GUIDANCE ON AML For UK Art Market Participants [JUNE 2022 AMEND]

05/08/2022

Could Jersey rent scams be stopped [or at least reduced] by the JFSC?

01/08/2022

Learning from Eight Advanced Countries' National Assessments of Money Laundering Risks: [NRAs]

01/08/2022

UK property index goes live today [including 6-month transitional period]

01/08/2022

Fraudulent Business - Dundee Wealth Management AG (JFSC warn of an impersonating entity) [29 July 2022]

30/07/2022

1st September 2022 – NEW/UPDATED UK AML REGS

29/07/2022

ML SUSPICIOUS ACTIVITY REPORTS - what's on your mind?

28/07/2022

Guernsey SAR “Consent” Guidance

28/07/2022

JERSEY & Countering the Proliferation of weapons of mass destruction (WMD) and Proliferation Financing (CPF)

28/07/2022

The UK Establishes New Unit to Combat Kleptocrats & Money Laundering

27/07/2022

Mauritius changes to FIAMLA / Bank of Mauritius Act

26/07/2022

SANCTIONS AND ASSET-FREEZING (IMPLEMENTATION OF EXTERNAL SANCTIONS) (EXCEPTIONS AND LICENCES – AMENDMENT) (JERSEY) ORDER 2022

26/07/2022

Jersey’s new Sanction Minister - Ozouf replaces Gorst

26/07/2022

FATF updated guidance for a risk-based approach for the real estate sector

26/07/2022

FCA AML June 2022 fines = £13.6 million. Are your Financial Crime Systems and Controls in order?

25/07/2022

Jersey Attorney General repatriates $529,000 to the victims of Fake Prince frauds

25/07/2022

W.M.D. [proliferation] Sanctions breach and enforcement action

24/07/2022

Jersey financial service entity held a fake Prince’s stolen funds 👀

22/07/2022

Deutsche Bank was fined $7.1 Million for missing 701 suspicions!!!

22/07/2022

Barclay's at the centre of cash-based laundering case

21/07/2022

Jersey prepares for the 2023 MONEYVAL assessment – see the event slides

20/07/2022

Jersey financial crime investigator opened 24 new financial crime cases in 2021

18/07/2022

UK Register of Overseas Entities: expect the Act to come into force very soon so plan-ahead.

15/07/2022

JFSC D2 SOURCE 13 UPDATED - Global Terrorism Index 2022 report published

14/07/2022

European Union Terrorism Situation and Trend report 2022 [13 JUL 2022]

14/07/2022

JFSC Proliferation financing risk assessment delayed until further notice

14/07/2022

Differences And Similarities between Terrorist Financing, Money Laundering, and WMD

14/07/2022

UK extra-territorial sanction[s] law reminds us of all to avoid being an enabler of sanction breaches

14/07/2022

Jersey lawyers who broke code can remain anonymous, court rules

14/07/2022

UK SANCTION “RED ALERT” on financial sanctions evasion typologies by Russian elites and enablers

13/07/2022

Guernsey - Artemis Trustees Limited fined £450k Fiduciary & Financial Crime Fails

13/07/2022

Fraud charge authorised against Bernard Charles Ecclestone

12/07/2022

JFSC Myth-busting common misconceptions in digital compliance

12/07/2022

Deutsche Bank in court because of its business with Epstein, terrorist organizations, Mexican drug cartels etc.

11/07/2022

JFSC recommend AML sources to help combat financial crime

11/07/2022

HMRC failure to prevent the facilitation of tax evasion (CCO) investigations

08/07/2022

JFSC consultation and proposed revision to current Outsourcing Policy (OSP) and Guidance Notes.

08/07/2022

JFSC off -the fence about OUTSOURCING and using the CLOUD – they say you MUST notify if using the cloud

08/07/2022

Taxing Crime: A Whole-of-Government Approach to Fighting Corruption, Money Laundering, and Tax Crimes [a report]

08/07/2022

UAE-based UK-registered entity fined for sanction breaches

08/07/2022

ELECTRONIC MONEY INSTITUTIONS (EMIS) - ANALYSING MONEY LAUNDERING RISK IN E-PAYMENTS

07/07/2022

UK high-risk third countries.- 4 JULY 2022

06/07/2022

Guernsey Mind and Management Requirements for the Fiduciary and Investment Sectors - 10 June 2022.

05/07/2022

SINGAPORE: a director of two shell companies is arrested for money laundering.

05/07/2022

Details on IQEQ Jersey £803K [REDUCED FROM £1.6M] fine and negligent breaches

04/07/2022

English courts ENABLING RUSSIANS to launder hundreds of millions of pounds in dirty money.

04/07/2022

Terrorism:- a decision tree to determine conduct (inside or outside the UK) is terrorism; for the UK MLTF regime.

04/07/2022

UK SAR decision tree

04/07/2022

Jersey NEGLIGENT businesses fined £2 million, but NO Directors are held accountable? Should senior managers be worried?

04/07/2022

Overview of General Insurance Mediation Business and AML

04/07/2022

£398,300.00 GFSC AML fines on TCSB and its directors/CO/MLROS [20 December 2021]

04/07/2022

Glencore Jersey's UK subsidiary company pleads guilty to bribery offences

01/07/2022

The FBI today announced the addition of Ruja Ignatova to its Ten Most Wanted Fugitives list

01/07/2022

JFSC to REVISE its OUTSOURCING POLICY – this IMPACTS all SUPERVISED PERSONS [estate agents, accounts, lawyers etc.]

01/07/2022

The JFSC FINE IQ EQ Jersey £803K [REDUCED FROM £1.6M] for regulatory breaches - 01 July 2022

01/07/2022

JFSC AML/CFT Handbook updates following changes to the Proceeds of Crime Law [AMEND 5&7]

30/06/2022

PROCEEDS OF CRIME (AMENDMENT No. 6) (JERSEY) LAW 2022 will recast Schedule 2 of the POCL

30/06/2022

JERSEY headquartered subsidiary pleads guilty to $28m (£22.8m) bribery charges

30/06/2022

JERSEY JFSC FCEU VISITS - 146 findings identified in the 2021 financial crime examinations

30/06/2022

JERSEY headquartered subsidiary pleads guilty to $28m (£22.8m) bribery charges

30/06/2022

Firm fined after wrongly saying it had proper AML risk assessment

29/06/2022

A look back to the June 2002 Comsure-CLBS Financial Crime Conference*

29/06/2022

Proceeds of Crime Jersey 1999 and JFSC AMLhandbook updates

28/06/2022

JFSC amend country risk list [D2] after FATF GREY LIST changes - Gibraltar added and Malta removed

27/06/2022

UAE reminded about obligations concerning Russians and sanctions

27/06/2022

From bankers to estate agents, Senior management accountability [and JFSC fining for failure] is coming to Jersey

25/06/2022

FCA fines Ghana International Bank Plc £5.8m for failings in AML controls

23/06/2022

FCA ISSUE $9.7 million for alleged financial crimes, including bribery.

23/06/2022

Who is an HIO?

22/06/2022

Financial Services Expert of the Year in Jersey – 2022

22/06/2022

Jersey Sanctions Updated JFSC Guidance

21/06/2022

From 15 June, the UK sanctions regime will be moving to a strict liability test

21/06/2022

Jersey employment, gross misconduct and SARs [April 2022 case study]

21/06/2022

Global Law Experts’ Post

21/06/2022

Comsure CLBS Financial Crime Conference 2022

21/06/2022

PEP [FATF] RED FLAGS DETECTING MISUSE OF YOUR PRODUCTS AND/OR SERVICES

21/06/2022

Jersey - "failure to prevent money laundering" offence, in effect from Friday 24 June 2022.

20/06/2022

Treating borrowers fairly - FCA Dear CEO letter to Retail Lenders:

20/06/2022

Malta is off the FATF grey list - Gibraltar added and greyed out!!

20/06/2022

Scathing report highlights multiple failings that led to laundering of billions of dollars in B.C.

17/06/2022

SARS in action - 15 crime themes from the UKFIU

16/06/2022

JERSEY National Risk Assessment [NRA] of Virtual Asset Service Providers

16/06/2022

Jersey Financial Intelligence Unit (FIU)’s Post

16/06/2022

EU Guidelines for the AML/CFT compliance officer

15/06/2022

Comsure been announced as Financial Services Expert of the Year in Jersey – 2022

15/06/2022

Credit Suisse on FCA naughty step and in for stricter supervision

13/06/2022

Compliance officer warning about organised crime linked Russian oligarch with Seychelles, Jersey and Cayman companies!!

13/06/2022

TAGGING & TRACKING THE OLIGARCHS

13/06/2022

Circular ownership structures are a problem

13/06/2022

More friends of Putin sanctioned

09/06/2022

Jersey sanctions [SAFL] changed - check now

08/06/2022

JERSEY connected to the U.S.seizure of two Abramovich aircraft worth over $400 million

08/06/2022

Is DUBAI still the playground for the crocked and dodgy? Maybe not; ask the Gupta brothers & Sanjay Shah

08/06/2022

OFAC fine (Puerto Rico/BVI) bank for Venezuela Sanctions Regulations

06/06/2022

Jersey superyacht and luxury villa builder under the US [$] kleptocrat scrutiny

06/06/2022

Jersey’s historical link to the Piratization of Russia - Financial Management Company (FIMACO)[1993-1997]

05/06/2022

PEPs, SOEs, and HIOs require an RBA & CDD/EDD in the CIP and OM programme [there are other acronyms!!]

05/06/2022

Egyptian antiquities and money laundering

04/06/2022

Kleptocrats, philanthropy, reputational white washing and money laundering

02/06/2022

A take on the results of FATF’s cross-border payments survey

01/06/2022

Must trustees and their advisors give information to beneficiaries if it is requested under data protection rules?

01/06/2022

Jersey publish National Risk Overview of the Virtual Assets

31/05/2022

A newly amended law in the Seychelles will enable our partners at the Anti-Corruption Commission of Seychelles (ACCS) to more effectively prosecute corruption and associated money laundering cases, as well as to seize and confiscate proceeds of crime.

31/05/2022

The Mauritius AML Conference will be with us TOMORROW – if you have not signed up, why not request one of the last discounted tickets are available – ACT NOW -

31/05/2022

3 days to go - the Mauritius AML Conference is nearly with us – if you have not signed up, why not request one of the last discounted tickets are available – ACT NOW -

29/05/2022

COVID-19 VACCINE bribery, corrupt fraud and embezzlement and diversion in BANGLADESH, UGANDA, AND ZAMBIA

27/05/2022

TRANSPARENCY AND CORRUPTION IN COVID-19 VACCINE DEPLOYMENT: EVIDENCE FROM BANGLADESH, UGANDA, AND ZAMBIA

27/05/2022

5 days to go - the Mauritius AML Conference is nearly with us – if you have not signed up, why not request one of the last discounted tickets are available – ACT NOW -

27/05/2022

Six soldiers and a veteran have been arrested on suspicion of drug, money-lending and money-laundering offences, the Ministry of Defence has said.

27/05/2022

Paris: Ex-leader of Louvre charged with money laundering

27/05/2022

Jersey [JOIC] 2021 Data protection annual report

26/05/2022

Professional money launderers jailed in Jersey

26/05/2022

The Mauritius AML Conference is Next Week – last few discounted tickets available – ACT NOW

26/05/2022

1999 OECD BLACKLISTING TO FATF BLACK/GREYLISTING IN 2022

26/05/2022

The UK to reform SAR reporting because what they have is not good enough (albeit probably one of the best in the world!!)

26/05/2022

Another Jersey stand-alone money laundering case with an irresistible inference [May 2022]

25/05/2022

Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - Mohamed Khan

25/05/2022

Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - Muhammad Uteem

25/05/2022

Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - Kevin Teeroovengadum

25/05/2022

Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - Gavish Seetohul

25/05/2022

Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - Ajam Joomun

25/05/2022

Press Release

25/05/2022

Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - David Sherpherd

24/05/2022

Guernsey Consent Regime Guidance – Financial Intelligence Unit, January 2022.

19/05/2022

FINANCIAL SECRECY INDEX 2022:- Guernsey is 10th, UK 13TH, Jersey 19TH Mauritius 55TH and IOM 61ST

19/05/2022

HMRC FINES X30 AGENTS FOR AML FAILS

18/05/2022

GFSC DEAR CEO & Enhanced Measures & GOOD and BAD practices

18/05/2022

JFSC Industry update [16 May 2022] - 30 findings identified in 2021 supervisory risk examinations

16/05/2022

Is the Economic Crime Act 2022 dead in the water or an effective tool to tackle stolen money?

13/05/2022

BVI Premier, Port Director Charged in South Florida Federal Court with Drug Trafficking and Money Laundering Crimes

13/05/2022

Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - Assad

13/05/2022

JFSC Warning = Alexandria Bancorp Limited (the impersonating entity)

13/05/2022

Wolfsberg Guidance on “Negative News Screening” (NNS)

12/05/2022

Bonham-Carter has accounts frozen over suspected links to Russian oligarch

11/05/2022

Guernsey [GFSC] Sanctions Thematic Review - 2021

11/05/2022

"Irresistible inference" - Proving Proceeds are the Benefit from Criminal Conduct

10/05/2022

Jersey GOV/JFSC - consultation on the adoption of Digital ID Systems.

10/05/2022

Turkey to stay of FATF naughty GREY STEP until 2023 [earliest]

10/05/2022

Mauritius FSC - Awareness session on its Settlement Framework

09/05/2022

'Sharing my screen cost me £48,000' – The FCA warns of a 86% increase in screen sharing scams

06/05/2022

JFSC Joint consultation with Government of Jersey on facilitating the adoption of Digital ID Systems

06/05/2022

JERSEY'S NEW MONEY LAUNDERING OFFENCES – WATCH OUT, THEY ARE VERY STRICT ☹

06/05/2022

Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - Bipin

05/05/2022

Consultation on JFSC definition of “senior management functions”

05/05/2022

Beware of the Increased use of the Money Laundering Offense by countries around the world

05/05/2022

Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - Mathew

04/05/2022

Jersey money laundering case convictions are based on an "irresistible inference."

03/05/2022

Manufacturer sues JPMorgan after ignoring $272m red flags of suspicious activity

02/05/2022

Failure to prevent money laundering offence - Jersey is the first common law jurisdiction to introduce such an offence

28/04/2022

Jersey Money laundering case in the Royal Court [27 April 2022]

28/04/2022

Jersey National Risk Assessment [NRA] of Non-Profit Organisations [NPO] determines a medium to low risk,

27/04/2022

I thought about Admiral Grace Hopper yesterday when checking an error report

27/04/2022

The ban on the export of luxury goods to Russia and Practical Steps for Compliance

27/04/2022

Today is D-DAY [27 April] - Jersey continues its commitment to protecting the international financial system from misuse.

27/04/2022

MAURITIUS CONFERENCE TICKETS are now available [LIMITED SPACES ACT NOW]

26/04/2022

Jersey businesses collectively stop money laundering by a crime gang from Uzbekistan & Mongolia

26/04/2022

Dowling v Concentric Analytics Limited [2021] TRE 107; Tribunal decision on unfair dismissal

26/04/2022

TCSPs “Russian connection” - STEP Europe has produced some guidance for practitioners

25/04/2022

Signatures for Sale -How Nominee Services for Shell Companies Are Abused to Conceal Beneficial Owners

25/04/2022

Know your Russian billionaires – many with ties to Russia really, really don’t want to be called Russian.

22/04/2022

KNOW YOUR 3 TIER CONTROLLERS - U.K. issues Sanctions Russian against Oligarch Mikhail Fridman Executive Assistant Nigina Zairova

22/04/2022

A ZOOM truth we have all probably experienced - The Curse of the Zoom meeting strikes again

20/04/2022

Sanctions against Russia – where have we been and where are we today – a useful summary

20/04/2022

Jersey KEY PERSONs or SENIOR MANAGEMENT functions added to fining schedule that has a maximum £400,000.00 penalty

20/04/2022

Jersey amends Russian sanctions [amendment No5) in line with the UK

20/04/2022

EU Guide on risks associated with FOREIGN DIRECT INVESTMENTS (FDI) in Russia and Belarus

19/04/2022

JFSC update for Jersey Accountants, estate agents, lawyers and other Schedule 2 businesses'

19/04/2022

Malta FIAU Guidance Note on the Money Laundering Reporting Officer

19/04/2022

JFSC Updated guidance [14 April 2022] on the countering of the financing of proliferation of weapons of mass destruction

19/04/2022

JFSC DATA COLLECTION exercise on WMD [the countering of the financing of proliferation of weapons of mass destruction] (to start 18 July 2022 - Industry will have two months to complete)

19/04/2022

AML Enforcement in the UK and by the FCA

15/04/2022

EU SANCTIONS MAY APPLY TO ALL TCSPs WORLDWIDE

15/04/2022

Tipping off – London lawyer will stand trial

14/04/2022

Would you approve gifts worth £40++MILLIONS into your structure? And if so, how would you justify such generosity?

14/04/2022

Junior Lawyer of the Year [2026] struck off from the roll of the solicitors of the Jersey Court

14/04/2022

The Five STEPS to keeping CDD TIGHT

14/04/2022

EU says don't help Russians in Russia and Russian trusts or similar legal arrangements

13/04/2022

Jersey Tax policy reflections on OECD Pillars 1 and 2 – comments requested

13/04/2022

Jersey Seizes $7 Billion Assets Over Abramovich Links

13/04/2022

Search warrants executed on Jersey buildings linked to Roman Abramovich

13/04/2022

8th April update on OFAC Russian sanctions

11/04/2022

Goldman Sachs Former Investment Banker Convicted in Massive Bribery and Money Laundering Scheme

11/04/2022

"Unite HQ" raided as police investigate bribery, fraud and money laundering

11/04/2022

JFSC Video webinar update: Customer risk assessments (CRA) thematic examination

08/04/2022

JERSEY Schedule 2 removal of "Level 2" and the unilateral application of “fit and proper" test to all sch2 businesses

07/04/2022

OFSI amends Licences for UK subsidiary of VTB [Russia ] to allow any payments connected to Insolvency Proceeding

06/04/2022

Jersey government approves new corporate money laundering offence - Draft Proceeds of Crime (Amendment No. 7) (Jersey) Law 202-

05/04/2022

Russia Sanctions and risk assessing partners, clients, and suppliers:

05/04/2022

Fixing Jerseys AML gaps - PROCEEDS OF CRIME (AMENDMENT No. 6) (JERSEY) LAW 202-

05/04/2022

Comsure its celebrating 17th Birthday Today!

05/04/2022

Global Advisory Experts have awarded Comsure Financial Services Expert of the Year in Jersey

05/04/2022

Witnessing Powers of Attorney via electronic means in Jersey

04/04/2022

Mauritius www.lexpress.mu reports on a £3.35 million fraud that sounds like a Malware Fraud

04/04/2022

UK beneficial ownership of land – Jersey TCB disclosure example case study

01/04/2022

UK beneficial ownership of land - overseas entities owning UK land will affect all TCB businesses in JERSEY/GUERNSEY.

01/04/2022

Action against money laundering freezes EUR 120 million worth of Lebanese assets, seizing bank accounts

31/03/2022

UK beneficial ownership of land - the draft bill for overseas entities owning UK land was approved on 8 March

31/03/2022

Wolfsberg Group Guidance on Digital Customer Lifecycle Risk Management

30/03/2022

Russia Sanctions: Guidance 29 March 2022

30/03/2022

Jersey, ONCE A PEP, ALWAYS A PEP

30/03/2022

FBI Internet Crime data shows top x6 risks

29/03/2022

£260m-worth of Russian-linked assets frozen in Jersey so far

29/03/2022

Jersey sets up a task force as it hits 1,000 asset-freeze designations

28/03/2022

Guernsey, FSC Director-general, says not all Russian money is illegitimate and not every Russian is nasty.

28/03/2022

EU Freeze and Seize' Task Force ready to seize the assets of oligarchs

28/03/2022

"Oligarchs be warned: we will use every tool to freeze and seize your criminal proceeds."

28/03/2022

Feedback concerning Anti-Money Laundering and Countering the Financing of Terrorism training.

28/03/2022

Isle of Man-based firm fined £150k by HMRC in UK tax investigation

28/03/2022

UK Legal professional privilege: disclosures to the MLRO and consultations

24/03/2022

Russian Sanctions Redux: FinCEN Issues Guidance on Suspicious Transactions and Evasion Using High-Value Assets

24/03/2022

Comsure’s annual Financial Crime Conference returns June 2022

22/03/2022

'Side pockets' for funds with exposure to sanctioned and suspended Russian assets

21/03/2022

Most significant GDPR Fines of 2022

21/03/2022

JFSC want a 16 May 2022 update on your UAE risk plans

21/03/2022

Failing to report suspicions - a sad but cautionary story as a financial service professional losses their livelihood

20/03/2022

JFSC issue guide customers who present a higher risk of financial crime [due to Russia matter]

20/03/2022

French vs EU sanctions, what's the difference?

18/03/2022

JFSC Feedback paper and further consultation on the Investment Business Client Assets Order

18/03/2022

Jersey government statement - Customer relationships associated with Russia and Belarus

18/03/2022

APP Fraud: Court of Appeal overturns Barclays’ judgment

18/03/2022

DIRTY RUSSIAN MONEY? WILL WE SEE PROSECUTIONS UNDER THE 'SINGLE CRIMINALITY' TEST [Jersey perspective]

16/03/2022

Tipping off - an offence we all know about but do not see in the courts

16/03/2022

A visual status of Russian sanction

16/03/2022

FCA Dear CEO letter highlight AML Common Control Failings

14/03/2022

Where has Liz Truss been for the last 10+ years

14/03/2022

Bloomberg ruling confirms high bar for publishers seeking to identify criminal suspects before charge

11/03/2022

JFSC Thematic examination: AML business risk assessment and strategy SELF ASSESSMENT [DO NOT IGNORE]

11/03/2022

Know your Russian sanction red flags

10/03/2022

50% Expanded Risk In Focus: is Alexei Aleksandrovich Mordashov hiding behind 50% rule?

10/03/2022

The FATF is working to prevent the misuse of the real estate sector - draft guidance

10/03/2022

Comsure’s Country Risk Register is updated for all Comsure iTrack clients

10/03/2022

UK lists Abramovich & 6 others & issues Chelsea Football Club General Licence [10 March 20222 @10:20am]

10/03/2022

UAE is the destination for Russian money?

10/03/2022

Jersey on the Russian government list of unfriendly countries and territories

10/03/2022

JERSEY - Amendments to the Electronic Communications (Jersey) Law 2000

09/03/2022

UK Economic Crime Bill Tackling UBO Concerns Accelerated by Ukraine Crisis

07/03/2022

Updated UK Russia sanctions Guidance

06/03/2022

The UAE is greylisted

06/03/2022

A Ukrainian sanctioned Russian billionaire sets up shop in the U.K. on the 3rd March 2022

04/03/2022

ARE YOU PAYING TOO MUCH FOR YOUR SANCTION, PEP AND ADVERSE MEDIA DATA?

04/03/2022

Russian sanctions and some practical steps for Guernsey and Jersey firms

04/03/2022

Risk appetite – Critical to Success

03/03/2022

ICIJ “OUT” enablers and jurisdictions helping hide Russia’s oligarchs' wealth [Cyprus, Seychelles, UAE, Belize, BVI, etc.etc.]

03/03/2022

JFSC / CERT / NCSC warning about raised cyber threat following the invasion of Ukraine

03/03/2022

3rd March, the JFSC has just issued a Russia, Ukraine and Belarus Data Collection request with a deadline 8th March

03/03/2022

Watch out TCSPs who envelop Superyachts and other luxury assets after the seizure of x3 Superyachts as Europe cracks down on oligarchs

03/03/2022

SANCTIONS MAP AS OF 1 MARCH 2022

02/03/2022

Complex structures – what triggers complexity – what is your definition?

02/03/2022

Oligarchs legally hiding from the sanctions

02/03/2022

Mauritius AML/CFT Guidance Notes for Virtual Asset Service Providers & Issuers of Initial Token Offerings

01/03/2022

The Panama papers gave us some clues about Putin. However, nothing happened.

01/03/2022

The UK Register of Overseas Entities – the facts

01/03/2022

Sberbank and the "50 Percent Rule" risk - Feb 2022

01/03/2022

The United States of America & Africa set up shop @ UK companies house…..

01/03/2022

Oligarchs Planes Trains And Automobiles + Putin's yacht renamed 'FCKPTN'

01/03/2022

UK Sanctions Statutory Instruments Review - Individual regime

28/02/2022

BEWARE "RUSSIAN DOLL" ENTITIES…..how deep do you dig when screening clients

28/02/2022

Sanctions against Russia – at a glance - List of people and organisations blacklisted by UK, US and EU

28/02/2022

History repeats itself, and yet we do not learn from history.

28/02/2022

BetVictor fined £2m by Gambling Commission [February 24, 2022]

28/02/2022

Mr Putin - WHAT WE HAVE ALWAYS KNOWN BUT CHOSEN TO IGNORE....!!!!

28/02/2022

If Chelsea has a Russian problem – what about Everton?

28/02/2022

The Biggest Company in the world you have never heard about……..[it may be a lie!!!]

25/02/2022

16th March - Comsure AML Training - Book it now

25/02/2022

Unprecedented levels of sanctions imposed by the UK, EU and US all announced

25/02/2022

Sanctions against Russia – at a glance - List of people and organisations blacklisted by UK, US and EU

25/02/2022

Comsure AML Public Training on 16th March

23/02/2022

Is Mr Aflak Ahmad the most wealthy man in the UK?

23/02/2022

Jersey – FSB/TCB administered customer entities may be drawn into AML rules and regulations….and will need an MLRO/MLCO, CMP, ETC……

22/02/2022

Jersey AML….CHANGES KEEP ON COMING

22/02/2022

Mauritius has come in from the EU cold – while Cayman is now in the EU deep freeze!!

22/02/2022

BORIS, IGOR AND GENNADY – the UKs first barrage of economic sanctions launched against Russia

22/02/2022

6th UK OFSI Sanction fine after payments to the Russian National Commercial Bank

21/02/2022

JFSC AML / CFT cases completed by Enforcement 2017 to 2019

21/02/2022

JERSEY GOV BLOG ON FINANCIAL CRIME MATTERS

17/02/2022

Mishcon told to clarify privilege claims in 'Potentially Tainted' fees

14/02/2022

Have you digested the UK [17.00hrs - 10 February] RUSSIAN SANCTION UPDATE?

14/02/2022

Feb 2022 Russian sanctions – what you need to know

14/02/2022

Jersey Sanctions Reporting obligations for financial services, lawyers, accounts, estate agencies, etc.

11/02/2022

The JFSC changes its decision-making process for regulatory sanctions [10 February 2022]

11/02/2022

JERSEY CORPORATE CRIMINAL LIABILITY FOR FAILURE TO PREVENT MONEY LAUNDERING

11/02/2022

The second-highest amount of money is laundered each year in the UK, with an estimated £88bn worth of money cleaned by criminals annually

11/02/2022

A Jersey bank is hit by an "APP Fraud" during a London property transaction

11/02/2022

JFSC Questions and answers from the webinar on Enhanced and Simplified Due Diligence Measures and Exemptions

10/02/2022

Spreadsheet Risk Triggers £5 Million Fine for UK Metro Bank

09/02/2022

JFSC 2021 Supervisory Risk Data Collection exercise – update

08/02/2022

Latest complaint numbers and CIFO's Update

08/02/2022

Treasury Releases Study on Illicit Finance in the High-Value Art Market

07/02/2022

Should the UK be added to the JFSC appendix D2? or your BRA/CRA? Or both?

04/02/2022

JERSEY - Amendments to the Electronic Communications (Jersey) Law 2000

03/02/2022

Economic substance: partnership guidance notes published

03/02/2022

The JFSC overhauls its higher risk country lists [the D2 lists]

03/02/2022

Customer risk assessment tested and reported by the JFSC

03/02/2022

Should the UK be added to the JFSC appendix D2? or your BRA/CRA? Or both?

03/02/2022

The Guernsey FIU guidance on; 1] Consent, 2] Expected responses and 3] Common misinterpretations

03/02/2022

JERSEY new JFSC AML/CFT Handbook on the way [31ST MAY 2022] after consultation

02/02/2022

Guernsey - the GFSREA cloned the GFSC

02/02/2022

[CPI] CORRUPTION PERCEPTIONS INDEX WILDLY WRONG!!!!

02/02/2022

UK AML fine of £3.8m and license suspension for failures to comply with social responsibility provision and AML/CFT regulations.

01/02/2022

OCCRP shows how BP Turned a ‘Blind Eye’ to Corruption in Prize Azerbaijan Gas Project

01/02/2022

Jersey to introduce Corporate criminal offences for failing to prevent money laundering and terrorist financing

31/01/2022

Jersey to introduce a bespoke Deferred Prosecution Agreement (DPA) regime.

31/01/2022

Can you show your regulator why you think your CO/MLCO and MLRO is competent

31/01/2022

The JERSEY court clarifies the role of the protector with the power to veto

31/01/2022

Jersey Financial Intelligence Unit (JFIU - JFCU) POLSAR UPDATE: going live on 1 February 2022

28/01/2022

GFSC issue another fine - £196,000.00

26/01/2022

When personal conduct leads to a ban by the Regulator [FCA]

26/01/2022

Regulated people demonstrating a lack of honesty and integrity even if they are not at work may still be banned!!!

26/01/2022

Jersey Financial Intelligence Unit [JFIU] publish a Webinar

26/01/2022

Jersey JFSC Industry update 26 January 2022 - 8.5% increase in fees

26/01/2022

Transparency International Corruption Perceptions 2021 Index (CPI) says - The world is at a standstill

25/01/2022

Vistra Trust (Singapore) FINED $1.1 million FOR AML fails

24/01/2022

Mauritius FSC ANNUAL REPORT 2020/21 – some notes on MC visits and enforcement

24/01/2022

“REGULATORY RISK” is now the top concern for the board. So what can you do to mitigate this risk?

24/01/2022

JFSC Thematic examination programme 2022

21/01/2022

Mauritius Removed from the EU Blacklist – 23 remain on the naughty step

20/01/2022

The UK and sanctions – read the annual report to learn more

20/01/2022

Dual U.S.-Iran citizen charged for procuring and supplying goods in violation of U.S. sanctions

20/01/2022

UK SANCTION HOW AND WHY THEY ARE USED - Case study 1: Myanmar APRIL 2021

20/01/2022

UK SANCTION HOW AND WHY THEY ARE USED - Case study 2: Belarus August 2021

20/01/2022

UK SANCTION HOW AND WHY THEY ARE USED - Case study 3: Global Anti-Corruption - April 2021

20/01/2022

Jersey New SAR Template go live date - 1 FEBRUARY 2022

20/01/2022

JFSC codes of practice update

18/01/2022

Jersey Gov listen to consultation and adjust fining proposal

18/01/2022

JERSEY Global Human Rights SANCTIONS - Latest news - 13 January 2022

17/01/2022

Jersey [JFSC] Update on terrorism and proliferation of weapons of mass destruction sanctions guidance

17/01/2022

Unfreeze me now -”no consent” regime is unlawful

14/01/2022

EU remove Iraq from ML blacklist

12/01/2022

Standard Bank Isle of Man Limited fined £247,324

12/01/2022

SICAV plc were fined €303,710 for AML FAILURE by the FIAU

12/01/2022

The former CEO of Swedbank charged with fraud and market manipulation following money laundering investigations

10/01/2022

Mass protests and Nazarbayev flees Kazakhstan!!!

07/01/2022

JFSC Industry update22 December 2021 = 2021 supervisory risk data collection exercise - updated guidance

05/01/2022

JFSC Industry update - 05 January 2022 - Sanctions questionnaire to be issued this week

05/01/2022

Mauritius corporate governance changes for management companies [October 2021]

04/01/2022

Airbnb Payments, Inc. fined $91,172.29 for CUBA OFAC violations

04/01/2022

UAE to be FATF grey listed?

04/01/2022

New Year - same old risk? - do not get complacent – AML training in Mauritius

04/01/2022

Jersey Changes to Limited Partnerships (Jersey) Law 1994

04/01/2022

EU wants to "Unshell' shell [letterbox/shelf] companies

03/01/2022

Data Security when you stop for a coffee [other drinks included!!] or travelling

03/01/2022

Mini Umbrella Companies ["MUC"] fraud - Thousands recruited to front UK firms in 'tax dodge.'

03/01/2022

The misuse of corporate vehicles – a Focus on Beneficial Ownership concealment - Red flags and case studies

03/01/2022

December 2021 and the x3 banks on the expensive naughty step [£374.5m fines]

03/01/2022

NatWest Money Laundering Case = Nine Lessons

29/12/2021

"Comsure Mauritian AML in 2022" [virtual and online]

29/12/2021

Danish Court fines Dan-Bunkering over Syria sanctions violations

21/12/2021

JFSC Industry update - 16 December 2021 - Virtual examinations continue for Q1 2022

17/12/2021

HSBC fined £64m for anti-money laundering failings

17/12/2021

Advocate apologises for “distressing" letters to neighbours

16/12/2021

The NatWest money laundering fine - some takeaways

15/12/2021

NatWest fined £264.8 million for anti-money laundering failures

15/12/2021

National Lottery scratch card fraud: Men jailed over £4m jackpot claim

15/12/2021

REGINA (THE FINANCIAL CONDUCT AUTHORITY) -v- NATIONAL WESTMINSTER

14/12/2021

A UK court has fined NatWest £265m.

14/12/2021

myJFSC users to download historical documents and draft applications before January 2022

14/12/2021

Government briefing on their strategic priorities and updated policy framework for Jersey's financial services sector

14/12/2021

AML/CFT Handbooks consultation support – tracked change documents

10/12/2021

Jersey key person and senior management in scope for civil financial penalties – can they [you] trust the process?

10/12/2021

Professional enablers continue to offer foreign kleptocrats “a home-from-home” in London

09/12/2021

Dirty money laundering in the UK is harming more than its reputation

09/12/2021

2022 JFSC Examination themed visit programmes to be announced in early 2022

09/12/2021

Bribery & Corruption Risks to the UK - Independent Schools: Case Studies and Red Flags

08/12/2021

Chinese underground banking and NCA guidance

08/12/2021

Payroll and modern slavery and human trafficking – red flags

08/12/2021

Jersey’s civil financial penalties consultation response paper is published

08/12/2021

The JFSC said:- CDD & ELECTRONIC UTILITY BILLS

06/12/2021

JFSC said:- – CDD and ELECTRONIC CERTIFICATION

06/12/2021

JFSC said:- – CDD and VIDEO CERTIFICATION

06/12/2021

Biggest alleged frauds in the history of asset-based lending?

06/12/2021

Economic crime is a scourge on the nation.

02/12/2021

Mexican world-cup football star Rafa Marquez is off the US watch list

02/12/2021

Guernsey and cannabis proceeds money laundering and the dual criminality test

02/12/2021

Jersey Sanction case study (from 2009 to 2013) – sanction risks lessons learned?

01/12/2021

FCA Imposes £642k Fine for Lapses in Financial Crime Control re cum-ex trading

01/12/2021

May 2021 - CA fines Sapien Capital Ltd for serious financial crime control failings in relation to cum/ex trading

01/12/2021

Swiss regulator puts two banks on the naughty step following money laundering failures connected to Venezuela

30/11/2021

A group of Families failed in 2019 to seek compensation from x10 banks for death or injury due to dealing with terrorists

30/11/2021

2021 update on the 2003 WEISS v. NATIONAL WESTMINSTER BANK PLC it is now with the supreme court!!!!

30/11/2021

The U.K. government to outlaw the [Nov. 26] the Hamas, in its entirety, and list them as terrorists

25/11/2021

Fines for three Swiss subsidiaries of SBM Offshore for PEP bribes

24/11/2021

Former ‘lawyer of the year’ jailed for taking £29k from elderly woman

16/11/2021

The JFSC has joined NGFS, a network to help improve environment and climate risk management in the financial sector

16/11/2021

ADVANCE NOTICE OF CHANGES TO SUSPICIOUS ACTIVITY REPORTING TEMPLATES ON POLSAR PROPOSED EARLY Q1 2022:

16/11/2021

JFSC guide investment services to vulnerable persons

12/11/2021

Jersey sanction Afghanistan guidance (follows FATF/OFSI)

11/11/2021

After x6 years the JFSC withdraw directions from one of the Horizon Trustees (Jersey) Limited (liquidated) employees

11/11/2021

A mere “loss of control” of personal data does not mean you are owed compensation (£££££)

11/11/2021

It is not vicarious……a recap on the 2020 Morrisons Ruling

11/11/2021

Jersey financial sanctions – updates to GOV.JE reporting regime and JFSC guidance

10/11/2021

Email to the wrong person - Court strikes out speculative data breach claim

10/11/2021

Crownjustice funded GDPR claim filed against HMRC by Jenny because of FATCA.

10/11/2021

UK Regulator won't name laundering banks

10/11/2021

Over £5.5bn of Covid support funds lost to fraud or error [and money laundering]

10/11/2021

JFSC APPENDIX D2 Source 1/2 and the UK High-Risk country list

10/11/2021

FATF Issues Revised Guidance for VASPs & STABLECOINS

08/11/2021

REMOTE OR HYBRID WORKING – REGULATORY EXPECTATIONS

08/11/2021

'Tick box' AML Regime Isn't Working, Society Tells Treasury

08/11/2021

JFSC Financial sanctions practical guidance is updated – 5/11/2021

08/11/2021

TAX EVASION LOST REVENUE OF £127bn

05/11/2021

Jersey connection to CRYPTOQUEEN [ONECOIN] goes cold while Guernsey warms up

05/11/2021

The BBC Reveal Crypto-queen’s £13.5m London Penthouse Link to Guernsey

04/11/2021

OneCoin German money laundering trial begins

04/11/2021

Credit Suisse financial crime failure puts Anti-Bribery and Corruption Risk Assessments under FCA scrutiny

03/11/2021

AML/TF & CDD The Risk Factors Guidelines from the EU being updated [DRAFT]

03/11/2021

Consultation on merging and changes the JFSC AML/CFT Handbooks

02/11/2021

MONEY LAUNDERING PROSECUTIONS IN JERSEY SINCE 2014

01/11/2021

Cyprus - CBC fines BoC €277,000 over AML violations between 2008 and 2015

29/10/2021

Guernsey Director General's Speech [Charting a Path Beyond Zoom] to Chartered Governance Institute

26/10/2021

UNDERSTAND THE FORMULA of RISK = A + T + V = R

26/10/2021

JFSC Feedback from Transaction Monitoring Questionnaire [no visit thematic report]

26/10/2021

Jersey JFCU [FIU] minor changes to SAR template on POLSAR – in effect from Tuesday 6 July 2021

26/10/2021

The Jersey JFCU/FIU publish red flags for Corruption related cases from the EGGMONT FIUs’ Perspective

26/10/2021

JFSC release Feedback from Transaction Monitoring Questionnaire

26/10/2021

Countries and territories in AML/CFT Handbook appendices updated –Industry update 22 October 2021

25/10/2021

EU RAMPS UP SANCTIONS ON UKRAINIAN LAW ENFORCEMENT OFFICIALS

25/10/2021

Cross Border Payments - Survey Results on Implementation of the FATF Standards

25/10/2021

Mauritius is back on the FATF's safelist, and now we are waiting on the EU decision

22/10/2021

JERSEY TRUSTS TO RETURN STOLEN (PROCEEDS OF CRIME) ARTEFACTS TO CAMBODIAN PEOPLE

21/10/2021

€150 billion tax scandal - CumEx Files 2.0

21/10/2021

Five years to prosecute NatWest and why no individuals prosecuted?

21/10/2021

ESAAMLG says Mauritius will remain as a FATF enhanced follow-up jurisdiction

20/10/2021

Crime does not pay - how POCA turns a £300 liability into a £65k liability

20/10/2021

Mauritian management company [TSCP] is subject to electronic fraud, and ICAC catch the perpetrator and charge them with money laundering

20/10/2021

JFSC risk-based supervision is now a legal requirement

13/10/2021

UK updates guidance on terrorism sanctions

12/10/2021

Territorial scope of financial sanctions and extra-territoriality in a post-Brexit world

08/10/2021

Jersey ~ First for Finance ‒ Celebrating 60 Years of Finance 1961-2021

08/10/2021

Jersey Royal court worried about crime and will, in the public interest, publish its judgment

06/10/2021

MALTA - Pilatus Bank and official charged; inquiry recommends nine face action

05/10/2021

UK OFSI rejects discount and imposes £50k fine for Russia Sanctions breach [SEPTEMBER 1, 2021]

05/10/2021

Ask the SANCTIONS Expert: Q&A with the UK's OFSI Director Giles Thomson

05/10/2021

GFSC 2021 Financial Crime Risk Return Reminder

04/10/2021

JFSC Upcoming consultations, legislative updates and revised policies and guidance in 2021

01/10/2021

PRE-XMAS AML/CFT training in Guernsey, Jersey and Mauritius

30/09/2021

FATF standards are OK – it about whether they are implemented properly

30/09/2021

TRACKING THE ASSETS OF CONGO BRAZZAVILLE KLEPTOCRATS [PEPs]

29/09/2021

Thoughts about Economic Sanctions (e.g. UN/EU/UK/OFAC) Evasion

29/09/2021

EU Commission guidance on dual-use export control compliance

28/09/2021

FCA publishes new guidance on financial crime

28/09/2021

The FCA intends on litigating more FINANCIAL CRIME offenders.

24/09/2021

Cheating your CPD training? KPMG $50M fine offers a salutary lesson

22/09/2021

Comsure AML training for lawyers and accountants ….

22/09/2021

Comsure works with (BIG AND SMALL) Estate Agents

22/09/2021

Comsure AML training for lawyers….

22/09/2021

OFAC designated an entire cryptocurrency exchange & announced new measures to address ransomware attacks

22/09/2021

JFSC WEBINAR - Enhanced and Simplified Due Diligence Measures and Exemptions

21/09/2021

Jersey to seize Drug smugglers crypto-currency

21/09/2021

Jill Britton is the new JFSC Interim Director-General

17/09/2021

Swiss Bank Mirabaud & Cie allegedly embroiled in Brockman $2 billion tax evasion

17/09/2021

Tax facilitation in the UK and overseas (including Jersey and Guernsey)

16/09/2021

The FCA has written a Dear CEO letter to firms that carry out trade finance business.

15/09/2021

BBC to expose British American Tobacco bribes for Mugabe

15/09/2021

HMRC confirms probe into 153 people suspected of aiding tax evasion

15/09/2021

GFSC to update rules on Wednesday 6 October.

14/09/2021

Basel AML Index 2021: Four things holding back the global fight against money laundering

14/09/2021

COMSURE AML risk assessment tool sparks fresh interest

14/09/2021

Malta starts to crack down on AML-deniers by fining a notary!!

14/09/2021

Luxembourg AML systems are they good enough for FATF?

13/09/2021

WHAT IS AN ANTI-MONEY LAUNDERING STRATEGY

09/09/2021

Jersey - Use of electronic signatures, some practicable thoughts

09/09/2021

"BEST AML EGMONT CASES - Financial Analysis Cases 2014–2020."

06/09/2021

TSB Bank in New Zealand fined NZ$3.5m (£1.8m) for AML failings

03/09/2021

Jersey Government Afghanistan sanction guidance

01/09/2021

Violations of Iran and Syria Sanctions Programs results in OFAC fine for First Bank SA and JC Flowers & Co

31/08/2021

UK OFSI issue Afghanistan sanction guidance

31/08/2021

Jersey – JFCU - Latest guidance and FAQ’s on Consent

27/08/2021

JERSEY –the JFSC warn about a November consultation on AML and other legislative changes

26/08/2021

Hawksford Trust company sanctioned by the JFSC for not treating its customers fairly

25/08/2021

Nord Stream 2 gas pipeline hit by Biden sanctions

25/08/2021

JFSC 3 tier UBO guidance diagram updated – watch out for 10%-25%-or?%

25/08/2021

JFSC Beneficial ownership guidance updated August 2021 [20th]

23/08/2021

JFSC Beneficial ownership 3 tier UBO guidance diagram updated along with x2 other changes

23/08/2021

UK’s FIU publishes August guide on SAR submissions

23/08/2021

OFAC sanctions oil smugglers supporting Iran’s military

23/08/2021

CDD/EDD/KYCB – MESSAGE OF THE DAY

19/08/2021

US freezes more than $9 billion in Afghan central bank reserves

19/08/2021

Mauritius-registered company linked to BRUTAL MILITIAS in the Central African Republic

19/08/2021

Prioritizing profits over people in the Central African Republic

19/08/2021

BEWARE - Not all Taliban leaders are subject to sanctions?

18/08/2021

Unacceptable to let UN Security Council listed 'terrorist organization' overrun Afghanistan

18/08/2021

Why the Comsure Electronic Signature and Encryption Solution is an Essential Business Tool

18/08/2021

The JFSC updated primary and secondary legislation links.

16/08/2021

JFSC share personal employee details with Jersey government – “it may be time to dust down your employee privacy statements”

03/08/2021

JFSC Industry update - 19 July 2021 - Revised policy on trading carbon credits and cannabis activities

03/08/2021

IOM AML/CFT - Publication of the updated AML/CFT Handbook July 2021

28/07/2021

EGMONT - Counter-Terrorist Financing Project - Lone Actors and Small Cells (Public Summary)

23/07/2021

HMRC publish two important AML consultations

23/07/2021

UK SANCTIONS ONE YEAR ON……THE FULL STORY

22/07/2021

The Jersey finance industry is told - You don’t need an independent tribunal

22/07/2021

Worried industry listen to Jersey-Gov and JFSC explain increasing powers

22/07/2021

GFSC publish a statement on discretionary financial penalties

22/07/2021

COMPLEX DIVORCE PROCEEDINGS - Akhmed v Akhmedova

22/07/2021

UK SANCTIONS – 1 YEAR ON

21/07/2021

Individual accountability in JFSC-regulated firms

20/07/2021

Guernsey [GFSC] Thematic Review on Reporting Suspicion

19/07/2021

Codes of Practice and Jersey Private Fund (JPF) updated following Sustainable Investments consultation

16/07/2021

How to avoid being referred to JFSC Enforcement – and what to do if they come knocking!!!

15/07/2021

JFSC encouraging compliance results for those using electronic identification

15/07/2021

Guernsey Financial Crime Risk Return 2021 – Start Preparing For 31 October 2021

14/07/2021

You still have a chance to book your seat for Comsure Public Training!

14/07/2021

Mauritius linked to corrupt Zimbabwean businessman

14/07/2021

Mauritian firm fined for AML failures

14/07/2021

Mauritian firm fined for AML failures (A LOOK BACK TO 2020)

14/07/2021

JERSEY UP IN SMOKE - Cannabis amendments to the Proceeds of Crime Law in Jersey

09/07/2021

The JFSC and Jersey-GOV propose “Enhanced Enforcement Powers” and streamlined decision making powers

08/07/2021

Proposed changes to JFSC’s enforcement powers and process

08/07/2021

The JFSC says to be vigilant when using personal devices and social media

08/07/2021

FATF 28 JUNE 2021 - ENVIRONMENTAL CRIME (e.g. FORESTRY CRIME, ILLEGAL MINING AND WASTE TRAFFICKING)

07/07/2021

FATF JULY 2021 - Opportunities and Challenges of New Technologies for AML/CFT

07/07/2021

FATF JULY 2021 - STOCKTAKE ON DATA POOLING,COLLABORATIVE ANALYTICS AND DATA PROTECTION

07/07/2021

Data transfers' to the UK to fall under 'white-listing regime

07/07/2021

Portuguese art collector detained over fraud and money laundering allegations.

06/07/2021

Two year investigation results in £2m forfeiture

06/07/2021

Jersey jeweller and money launderer is sentenced to 7.5 years for being connected to crime gang who were sentenced to 74 years!!!

06/07/2021

‘Laundromat’ couple hand over £4m after Evening Standard win

06/07/2021

Who would have known? Street of the 40 Thieves” in the fictional Italian city of “Ali Babba”.

05/07/2021

In September Director General Martin Moloney is leaving the JFSC

02/07/2021

In “God we trust but not without verification”….is God a capitalist?

02/07/2021

Analysing the UK Register

02/07/2021

FCA’s latest Dear CEO letter about doing an AML gap analysis or face regulatory action

02/07/2021

Sanctions: Russian Federation

02/07/2021

JERSEY FIU-JFCU UPDATE

01/07/2021

JERSEY - Virtual CRS/FATCA Training Session on Tuesday 8 June 2021

01/07/2021

FATF - identify and mitigate exposure to the funding of weapons of mass destruction

30/06/2021

The JFSC are making changes to a number of the Codes of Practice and the Jersey Private Fund (JPF) Guides.

30/06/2021

How to assess risk and demonstrate your AML/CTF programme effectiveness.

30/06/2021

Comsure AML Public Training July and August 2021

29/06/2021

AML, what are the common underlying issues found after an AML AUDIT?

25/06/2021

Malta put on the FATF naughty [grey] list with Mauritius and Cayman and many others

25/06/2021

BE PREPARED FOR JFSC QUESTION ON MALTA

25/06/2021

FCA ready to bares its teeth..

24/06/2021

JFSC - Jersey financial sanctions regimes and practical guidance updated – June 2021

24/06/2021

FCA' Dear CEO' AML letter says everyone could do better

24/06/2021

JFSC Countries and territories D2 updated – June 2021

24/06/2021

Thank you from Parslows Jersey

22/06/2021

AML Non-compliant Luxembourg – time to apply EDD

21/06/2021

Pirate IPTV Services results in fraud and money laundering charges

21/06/2021

Avoiding age discrimination in financial services

18/06/2021

SARS and failing to report - where Jersey leads others, follow.

18/06/2021

Jersey’s Data [JOIC] Audit Programme Enters Phase Two

18/06/2021

Intellectual property crime and money laundering

18/06/2021

JFSC webinar on how businesses can improve their AML compliance [14 July]

14/06/2021

AML Case study[ies] on Bypassing China’s Currency Controls

14/06/2021

The JFSC remind Businesses about personal devices and social media risks

10/06/2021

Jersey Money Service Business Helps Facilitate Tax Evasion

09/06/2021

FCA FINES 2021 – 6 MONTHS IN, AND THE FINES ARE LOW!!!

07/06/2021

Cryptoasset businesses NOT meeting the required AML standards

04/06/2021

No proceeds of crime? But you should have been suspicious! the legal duty to report ML in the UK

04/06/2021

Qatar ‘funnelled millions of dollars to Nusra Front terrorists in Syria’, UK court hears [04 Jun 2021]

04/06/2021

OFAC announce most extensive set of sanctions ever imposed over corruption.

03/06/2021

Nuclear Proliferation Activity - BIS adds eight entities to Entity List

02/06/2021

6AMLD –it is here this week – may the 3rd be with you

01/06/2021

The UK facilitating tax evasion offence – 14 live Corporate Criminal investigations

28/05/2021

Identifying and managing conflicts of interest: guidance for JFSC-regulated companies

26/05/2021

Hiding in Plain Sight – [Jersey men] Cowboys, Conmen and North Korea – a look back to 2016

25/05/2021

Director of 3 firms which supplied luxury goods to North Korea jailed 3 weeks

25/05/2021

Regulator trains 4,430 employees on cyber and information security courses

24/05/2021

BaFin put N26, the challenger bank, on notice to correct AML failures (AGAIN)

24/05/2021

BNP Paribas SA laundered money linked to Gabon.

21/05/2021

Conflicts of interests [COI] result in IFA being prohibited from Jersey finance industry

21/05/2021

Guernsey - Banned for not being open and honest (fitness and proper)

21/05/2021

Early adopter or shrewd observer.Which are you?

21/05/2021

After setting a 22-year record – the question now is, is the JFSC enforcement led?

19/05/2021

The Cayman Regulator is being challenged in court over AML….!!!

18/05/2021

Intertrust fined $4.2M over AML failings

18/05/2021

Comsure speaking on Mauritian Webinar: AML/CFT AUDIT AND BUSINESS RISK ASSESSMENT

17/05/2021

EU Regulator Consults on AML/CFT Database

17/05/2021

Singapore prosecutes ex BP executive for bribery and now faces money laundering trial……!!!!!

17/05/2021

A 49 year old man was arrested for money laundering offences.

17/05/2021

Jersey firms may disclose personal data to the USA SEC in appropriate circumstances

14/05/2021

X6 STEPS TO A HEALTHY REGULATORY GOVERNANCE, RISK AND COMPLIANCE [GRC] FRAMEWORK

13/05/2021

Zoom webinar on AML/ CFT and Business Risk Assessment rescheduled for 18 May 2021

13/05/2021

The UK FCA shines a light on personal account dealing [PAD]

13/05/2021

Do you really understand Jersey’s work permits?

12/05/2021

Cum-ex trading – the scandal that keeps on giving (although don’t tell anyone!!).

10/05/2021

FATF Risk-Based Supervision webinar – the recording

07/05/2021

TONE from the TOP, from ABOVE, and now from WITHIN - Compliance, Culture and Evolving Regulatory Expectations

05/05/2021

Netflix BRIBERY & MONEY LAUNDERING – the real thing!!!

04/05/2021

GFSC Fine Standard Chartered director for AML fails…….

30/04/2021

Directors accountability bites in Guernsey - it goes to show that not all directors are equal for failure

30/04/2021

FATF Webinar on Risk-Based Supervision

29/04/2021

JERSEY – and the periodic assessment of the board's effectiveness

28/04/2021

NEW UK Global Anti-Corruption sanctions names 22 individuals

27/04/2021

6AMLD & FATF & Adverse Media Screening

26/04/2021

Standard Chartered Trust (Guernsey) Limited

26/04/2021

FCA annual financial crime reporting obligation extended to a wider range of firms,

26/04/2021

AML lawyer [SRA] money laundering risks - vendor fraud through to human trafficking and modern slavery

23/04/2021

Mauritius free webinar- AML/ CFT Audits and Business Risk Assessment Lessons from leading experts

23/04/2021

Happy Birthday to Comsure !!!

21/04/2021

Could it be true that Chelsea FC fans are dodgy? And are PEPs by association?

21/04/2021

Jersey - Charges of attempted insurance fraud dropped

21/04/2021

ABN Amro to pay €480m to settle money-laundering investigation out of court

20/04/2021

Proposed amendments to the Electronic Communications (Jersey) Law (the EC Law)

20/04/2021

Jersey has today [20 April 2021] published its first National Risk Assessment of Terrorist Financing.

20/04/2021

Jersey Briefing - some thoughts about SARS and tipping off exceptions in Jersey

16/04/2021

Lawyers remain laggards in adopting money laundering risk assessment tools (BRAS/CRAS)

15/04/2021

SNOW WASHING in Canada; the laggard in the fight against financial crime

15/04/2021

UK FINANCIAL CRIME INTEGRITY - TWO STEPS FORWARD, TWO [1/2] STEPS BACK

15/04/2021

Private bank fined $1m for lapses in anti-money laundering measures

15/04/2021

The FCA muses on AML systems and controls

14/04/2021

TWO FCA AML CASES (2020-2021) – LESSONS TO LEARN

14/04/2021

The FCA wants “purposeful” AML systems and controls

14/04/2021

GFSC Public Statement - Mr Ian Roger Parry

12/04/2021

The 6th Anti Money Laundering Directive (6AMLD): 3 June 2021. ITS GETTING CLOSER

12/04/2021

Compliance management systems guidelines — ISO 19600:2014(en)

07/04/2021

Why And How To Map Controls In Risk Management

07/04/2021

Draft versions of JFSC AML/CFT Handbooks published ahead of changes on 31st May

01/04/2021

SRA makes 26 SARS over £200m of potential money laundering by solicitors

31/03/2021

JFSC financial crime 2020 examinations findings report issued - Almost 200 (191) findings identified…!!!!

31/03/2021

Guernsey FSC issue AML/fiduciary fines and bans = £155,000.00 + 10/6 year prohibitions!!!

31/03/2021

JFSC AML/CFT Handbook Appendix D2 – BEWARE OF SOURCES 1 and 2

30/03/2021

A solicitor who “did not know” he was a partner and compliance officer is rebuked and fined – and the firm shut down!!

30/03/2021

Four-year sentence for ‘prolific’ ecstasy dealer

30/03/2021

Chinese Court to Curb Foreign Sanctions

29/03/2021

Fraudulent Scottish Shell Company Blacklisted By The World Bank

29/03/2021

GFSC ban Ponzi scheme operator who is serving 20 years in prison!!!!

29/03/2021

JFSC findings [29 March 2021] following JPF Designated Service Provider (DSP) thematic review

29/03/2021

HM Land Registry publish NEW standards for EIDV in property transactions

29/03/2021

Switzerland non-compliant? Will FATF grey list them? Will the E.U. blacklist them? Will you rate them higher-risk?

29/03/2021

Money Laundering and Terrorist Financing (Amendment) (High-Risk Countries) Regulations 2021 made: Brexit SI

26/03/2021

Updated HM Treasury advisory notice on money laundering and terrorist financing controls in higher risk jurisdictions

26/03/2021

Malta’s Fin-Services sector left reeling in wake of high-profile arrests on money laundering charges

26/03/2021

Guernsey justice? Guernsey criminal Ponzi operators fined £55k and banned!!!!

26/03/2021

German Attorney Pleads Guilty to Money Laundering…….

26/03/2021

NATWEST FACING MONEY LAUNDERING CRIMINAL PROCEEDINGS

26/03/2021

The significance of a red flag — don't jump to conclusions too quickly

25/03/2021

Delivering since 2005

25/03/2021

More than puff and smoke: poised for cannabis boom? it would be best if you minded your AML

25/03/2021

Mark Twain

25/03/2021

Jersey enforcement (LGL & SGHAMBROS) - x5 critical learning points for Boards and Compliance Professionals

24/03/2021

Abu Dhabi Commercial Bank PJSC Jersey Branch judgement

24/03/2021

Caversham Fiduciary Services Ltd And Caversham Trustees Ltd And Nicholas Bell 2005 judgement

24/03/2021

10 Iranian nationals charged with evading US sanctions

23/03/2021

How good is your password? Please make it better than…….

19/03/2021

Moscow Court Sentences Bankers in 'Russian Laundromat' Case

19/03/2021

Risk identification and learning

17/03/2021

NATWEST - THE FCA initiate the first criminal prosecution under the money laundering regulations

16/03/2021

Tactics Used to Get Cash Out of China

15/03/2021

RISK Perception is in the Eye of the Beholder

15/03/2021

The Time it takes for a #hacker to crack your #password

15/03/2021

Microsoft's email software hack in jersey – are you ready for the JFSC and JOIC questions

12/03/2021

Microsoft’s email software exploited by hackers compromising thousands of sites, globally (including Jersey and Guernsey!!)

12/03/2021

The JFSC is reminding the industry about their CAYMAN information request

10/03/2021

FATF risk-based strategy for supervisors

10/03/2021

JFSCs Martin Moloney says Jersey is not a soft touch jurisdiction

08/03/2021

William Hill to fight Swedish Bank over account closures because of money laundering

05/03/2021

CAYMAN ISLANDS AND MAURITIUS – HAVE YOU DONE YOUR IMPACT ASSESSMENT FOR EDD?

05/03/2021

Deloitte to Pay Malaysia $80 Million in 1MDB-Related Settlement

04/03/2021

Galaxkey & Geoff White - Encryption as a Security Solution – FREE WEBINAR & LUNCH!!

04/03/2021

ING Group's unit in France will pay €3 million to address anti-money laundering

04/03/2021

Building an effective RISK ASSESSMENT in Jersey – Comsure essential tips

04/03/2021

Estate agents and High Value dealers

04/03/2021

Were Jersey VAT arrangements abusive - First-tier Tax Tribunal – Paul Newey t/a Ocean Finance –

04/03/2021

JFSC Customer Due Diligence follow up webinar on 10 March at 14:00

03/03/2021

The JFSC is making Changes to AML/CFT Handbooks following consultation

02/03/2021

JFSC Changes to AML/CFT Handbook on CDD legal persons and arrangements

02/03/2021

EBA revised AML guidelines – some interesting thoughts on UBO verification solutions

02/03/2021

JFSC Thematic Examination Programme 2021

01/03/2021

JFSC February 2021 updates to the AML/CFT Handbook appendices – and CAYMAN connection warning

01/03/2021

Ending the Shell Game: Cracking down on the Professionals who enable Tax and White Collar Crimes

26/02/2021

FCA recover money for victims of unauthorised deposit-taking and CIS

25/02/2021

SFO Wants Companies to Invest in Compliance

25/02/2021

JFSC Compliance monitoring webinar – feedback and findings from the JFSC

25/02/2021

The JFSC has issued guidance for Jersey Registered Persons and financial stability

25/02/2021

Where is Moneyval when you want them?

24/02/2021

JERSEY gets tough following MONEYVALS 2015 criticism

23/02/2021

LGL Trustees Ltd, fined £550k [+50k] - what is known and what the Jersey court said about what happened

22/02/2021

AML failure-why are so many firms incurring fines?

22/02/2021

Thematic programme examinations in 2021

22/02/2021

JFSC Thematic programme examinations in Q2+3 2021

22/02/2021

Nigerian entrepreneur Obinwanne Okeke jailed for 10 years in $11m cyber fraud

19/02/2021

JFSC company registry outline the consequence of failure (£££££+/or jail!!!)

19/02/2021

UK degree fraud: 85 fake university websites taken down in five years

19/02/2021

Implementing a ‘three lines of defence’ approach to risk management

18/02/2021

Guernsey [GFSC] issues NEW Cyber Security Rules and Guidance [15th February 2021]

16/02/2021

Trust firm could face £650K fine over Angola arrangement

16/02/2021

Societe Generale Jersey - JFSC public statement and fine £510,599.67 + £155,476.54 + £53,375.00

16/02/2021

JFSC Director General, comments on SG Kleinwort Hambros fines totalling £719,451.21

16/02/2021

Is Jersey 2018 $23.3 million money laundering case connected to SG Hambros Bank £719,451.21 fine?

16/02/2021

GFSC Exit Interviews for MLROs and MLCOs

16/02/2021

Restrictive measures against Russian Federation

15/02/2021

The GFSC AML HANDBOOK REFRESHED AND UPDATE – OUT NOW

15/02/2021

Corruption - WESTERN EUROPE is the worst (or the best!!) according to TI CPI

12/02/2021

AML ENFORCEMENT IS STARTING TO BITE IN THE UK

12/02/2021

RECKLESS STATEMENTS - WATCH OUT JERSEY ADVISORS AND OTHERS………..a look back to 2007

12/02/2021

Happy Chinese New Year!!!

12/02/2021

EMMA feels let down. Let down by an island she loves.

11/02/2021

Bangladesh & All the Prime Minister’s Men | Al Jazeera Investigations

11/02/2021

Does your business use digital document signing?

09/02/2021

JFSC NRA Accountants webinar

09/02/2021

The price of Non-compliance – Tribunal tells Jersey director their dismissal was fair and lawful

09/02/2021

Hedge Funds Risk Biden-Era End to Money-Laundering Loophole

08/02/2021

Warrant served on UK law firm over alleged 1MDB assets

08/02/2021

Please will you do CDD, Mr. Big Bank

05/02/2021

JFSC WEBINAR Compliance monitoring - Wednesday 24 February at 14:00

05/02/2021

Trust and company agents facing crackdown over organised crime links

04/02/2021

Two top executives sentenced to 15 years in jail for money laundering

04/02/2021

Bishop identifies Jersey as a ‘tax haven’

03/02/2021

Jersey new Sanction laws and JFSC guidance in force on Friday 12 February

01/02/2021

Cyprus launches UBO register

01/02/2021

A risk management perspective on GameStop stock surge

01/02/2021

UK Fraud Threat – read the 2021 reports

01/02/2021

Thought for today – for you and your firm's conduct and its relationships

29/01/2021

LUXEMBOURG's FATF 2021 assessment delayed due to COVID

29/01/2021

Financial crime issue predictions for 2021 & CULTURE

28/01/2021

TIs perception of corruption index CPI2020 [#CPI] is out – BUT is it any use for AML risk assessments?

28/01/2021

Quote of the day – compliance officers

27/01/2021

OFAC has upgraded its sanctions list search tool with fuzzy logic that is more resource-efficient.

27/01/2021

Can one person possess all the needed attributes that compliance function requires?

27/01/2021

IT'S NOT THE BANKS FAULT IF YOU PAY A FRAUDSTER

26/01/2021

Major revamp of Jersey Registry.

25/01/2021

Hedgehoggery in governance, risk and compliance? Are you a hedgehog or a fox? ……

25/01/2021

The UK is extremely concerned about good governance in the British Virgin Islands (BVI).

22/01/2021

Swiss regulator gives the former CEO a telling off following the PDVSA money-laundering scandal.

22/01/2021

HSBC leaks implicated Switzerland in diamond and tax evasion 'laundering carousel' case.

22/01/2021

UK legal sector – 2021 updated Anti-money laundering guidance

22/01/2021

ABN-Amro money laundering probe close to a settlement, FD reports

21/01/2021

OFAC designation in the UK – what is the impact of the US/UK nexus

21/01/2021

JERSEY - Financial Sanctions Notice: Forthcoming Sanctions Legislation 8 January 2021

19/01/2021

A Report is highlighting the UK’s role as a facilitator of “financial crime.”

15/01/2021

$1 trillion = McAfee report on the hidden costs of cybercrime

15/01/2021</