Jersey Directors & NEDs [less than x6], you are ALL now caught in the AML/CFT NET
All AML/CFT exemptions associated with the role of a director, executive or non-executive no longer exist.
In the consultation on AML/CFT scope exemptions [SEE BELOW], the JFSC highlighted the de-minimis exemption that previously provided a director of not more than x6 companies an exemption from AML/CFT registration as a TCSP falls away.
The Feedback on the consultation on AML/CFT scope exemptions is here
To assist you, Comsure supports many NEDS & TCBSs and others with compliance and AML processes, compliance monitoring reviews, periodic reviews, customer risk assessments, and more.
If you want to explore how Comsure can assist, Call Mathew, as follows
Mathew Beale - Chartered FCSI
Direct Tel: +44 (0) 1534 626841 - Mobile Tel: +44 (0) 7797 747 490 - Skype: comsurecompliance
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