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GFSC Fine Standard Chartered director for AML fails…….


Guernsey punish the Director of Compliance at Standard Chartered Trust (Guernsey) Ltd [in liquidation] for AML failures

On 16 April 2021, the Commission imposed a discretionary financial penalty on Ms. Sarah Jayne Sarre of £13,500.

The above sanction was imposed on Ms. Sarre as a result of her failure to meet the minimum criteria for licensing [General Fiduciary Financial Crime]

The GFSC say more details to follow in due course.