Call us +44 (0) 1534 626830
Home News The JERSEY FIU Q1 2025 Suspicious Activity Report (SAR) statistics + CONSENT REQUESTS
News
Print Article

The JERSEY FIU Q1 2025 Suspicious Activity Report (SAR) statistics + CONSENT REQUESTS

19/05/2025

The JERSEY FIU Q1 2025 Suspicious Activity Report (SAR) statistics on CONSENT REQUESTS by quarter are always interesting to read.

Consent requests are broken down by the requester seeking to Act, Transact or Exit.

  • 649 consent requests were received in Q1 2025,
  • An increase of 44.9% on the same period last year and
  • An increase of 5.4% on 04 2024.

For Q1 2025, the FIU

  • Provided consent on 85.3% of occasions,
  • Withheld consent on 10.4% of occasions, and
  • The matter was not considered a consent matter on 2.7% of occasions.
  • Submitters withdrew the request on 1.6% of occasions.

Other statistics found in the reports include:-

👉 Overall, the FIU received 511 SARs in Q1 of 2025, representing

  • Nearly a 10% increase compared to Q1 in 2024 and
  • A 6% increase compared to Q4 2024.

👉 SAR numbers for the first three months of 2025 have increased in each respective month compared to 2024.

👉 The banking sector is the largest reporting sector, accounting for 65.5% of all SARs submitted in Q1 2025. It is followed by

  • The Trust and Corporate Service Provider (TCSP) sector (16.8%) and
  • Then the Fund Services Business (FSB) sector (3.9%).

👉 Except for 'Other - undetermined', the top 3 Predicate Criminalities identified when submitting a SAR were:

  • Fraud (37.6%)
  • Tax Crimes relating to direct and indirect taxes (8.3%)
  • Corruption (7.2)

👉 This quarter's reporting revealed 23 Politically Exposed Persons (PEPs) connections.

👉 As always, high-quality SARs with detailed and relevant data (provided in the correct format) are both a legal requirement and vital in the collective fight against financial crime.

  • This quarter, 94.1% of SAR submissions were graded as being of a good disclosure standard,
  • With only 2 SARs not meeting the required disclosure standard.

You can read the full quarterly report here:

JERSEY SAR/STR YOUTUBE-IMAGE

The Team

Meet the team of industry experts behind Comsure

Find out more

Latest News

Keep up to date with the very latest news from Comsure

Find out more

Gallery

View our latest imagery from our news and work

Find out more

Contact

Think we can help you and your business? Chat to us today

Get In Touch

News Disclaimer

As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.  
×

As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.  

news disclaimer -

As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com. Â