News

Jersey financial sanctions – updates to GOV.JE reporting regime and JFSC guidance

10/11/2021

The Government of Jersey has issued a new Sanctions Compliance Reporting Form.

This Form replaces the Suspected Breach Notification Form to comply with reporting obligations set out under Article 32 of the Sanctions and Asset Freezing (Jersey) Law 2019.

The JFSC has updated the sanctions section of :

All relevant financial institutions have these reporting obligations, which must be fulfilled as soon as possible.

Reports must be made to the Minister for External Relations and Financial Services and include the information specified in the form.

JERSEY