News

GFSC Fine Standard Chartered director for AML fails…….

30/04/2021

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.

Sources

https://www.gfsc.gg/news/ms-sarah-jayne-sarre

https://relationshipscience.com/person/sarah-sarre-160932788

https://www.gfsc.gg/commission/regulated-entities/38452

GUERNSEY