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JULY 2023 – JERSEY New AML guidance notes and Codes of Practice [DO NOT FORGET]

10/04/2023

This posting is a reminder of proposed JFSC AML Handbook changes by July 2023. However, we are still waiting on the outcomes of the consultation close on 13 January 2023

By way of a reminder

  1. On 31 October, the JFSC published a consultation seeking feedback on further enhancement and clarification of its AML/CFT Handbook.
  2. The JFSC PROPOSED to add
    • A range of new and expanded guidance notes
    • Several new AML/CFT Codes of Practice across five sections of the Handbook.
  3. Also, the JFSC want to amalgamate recommendations from the follow-on consultation on AML/CFT scope exemptions.
  4. Timeline
    • The JFSC invited feedback on the proposed changes by the close of business on 13 January 2023.
    • The JFSC intends to publish all changes by July 2023.

In the link below you can find “clean” and tracked-change versions of each Handbook section the JFSC proposes to amend.

JERSEY

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