Jersey government FSIU's sanction guidance mentioned in the JFSC AML handbook
Responsibility for sanctions in Jersey Minister for External Relations and Financial Services Who is Jersey's 'Competent Authority'?
The Financial Sanctions Implementation Unit (FSIU) coordinates the introduction of sanctions measures and assists the Minister in carrying out his duties as Competent Authority, including:
- Receiving sanctions compliance reports,
- Processing sanctions licence applications, and
- Publishing financial sanctions notices and guidance.
Jersey implements both UNSC sanctions and autonomous UK sanctions by implementing the relevant SAMLA Regulations through the Sanctions and Asset-Freezing (Jersey) Law 2019 ("SAFL") and the Sanctions and Asset-Freezing (Implementation of External Sanctions) (Jersey) Order 2021 (the "External Sanctions Order").
The JFSC says in its AML handbook:-
- A supervised person is encouraged to refer to the FSIU's guidance in terms of the supervised person's unfreezing procedure.
FSIU SAFL Article 37A Procedures
Under Article 37A of SAFL, the Minister is required to publish procedures for the performance of the Minister functions under Articles 43A, 45A, and 45B: the procedure published are as follows.
- Article 43A requests assistance with a UN de-listing
- gov.je/SiteCollectionDocuments/Industry and finance/Procedure Requests for help with a UN de-listing.pdf
- Article 45A request to or from another country for terrorism designation
- gov.je/SiteCollectionDocuments/Industry and finance/Procedure Request to-from another country for terrorism designation.pdf
- Article 45B request to UN for terrorism designation
- gov.je/SiteCollectionDocuments/Industry and finance/Procedure Request to UN for terrorism designation.pdf
- MoU between FCDO and FSIU: Listing and De-listing from UN and UK Sanctions Measures
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