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- Comsure is on the shortlist for the Financial Services Expert of the Year in Jersey – 2022
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- Jersey evening post (JEP) “Who’s Who” publication in 2018
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- Tax Evasion as Money Laundering
- Jersey confiscates money after-tax evasion confession [2019]
- Jersey - The intermeddling offence: revised guidelines – an update
- COVID-19 Suspicious Activity Reporting – red flags
- FATF: COVID-19-related Money Laundering and Terrorist Financing Risks and Policy Responses
- OFAC finds Amex breached WMD sanctions because its screening failed!!!
- Bank Hapoalim Agrees to Pay More Than $30 Million for Its Role in FIFA Money Laundering Conspiracy
- Jersey mentioned in Bank Hapoalim Criminal Misconduct of Tax Evasion case
- JERSEY BOARDS - ITS TIME TO START BEHAVING NORMALLY
- Shared workspaces and security and data protection by design and by default
- INFOGRAPHIC ON Subject Access; A Guide for Data Controllers
- Webinar: Working in the pandemic
- Four advantages of using email encryption
- Latvia Uncovers Money Laundering Scheme
- Beer (and vody) on route for North Korea – is Kim Jong-un in a lockdown party?
- Jersey boards have you ran your periodic self-assessment, or external assessment, of the board’s effectiveness.
- UWO - The discharge of unexplained wealth orders – STEP BY STEP analysis of NCA v Baker -
- GSY NEW AML RULES – DEADLINESS EXTENDED TO 30 SEPTEMBER 2020 / 30 JUNE 2021
- JFSC Starting to do revised visits….
- High Court discharged three Unexplained Wealth Orders (UWOs) – lessons to be learned
- OECD’s mandatory disclosure regime (MDR) in Jersey – DO NOT FORGET
- UN investigating UAE companies for suspected breach of Libya arms embargo
- Comsure can offer its Channel Island, Mauritian and Seychellois clients with a 14 day free trial of Galaxkey's Secure Workspace
- GFSC Financial Crime Handbook Consultation (CLOSES 5pm on 22 May 2020.)
- Comsure is 15 years old……
- FCA ID&V checks “a fraudster's charter”?
- US Indicts KARL SEBASTIAN GREENWOOD Co-Founder of OneCoin Ponzi Scheme
- The critical data loss prevention practices you should consider
- SFO's Deferred Prosecution with Tesco concluded
- Ten years on - the UK Bribery Act under scrutiny
- Red Flags of Bribery – Using The Case Study “Griffiths Energy International Inc & Chad Oil (March 2018)”
- Lol – LOOK WHO IS WORKING FROM HOME
- Indian Ministry of Finance Restores Mauritius’ Eligibility to Category 1 Foreign Portfolio Investors
- 1MBD money laundering and bribery scandal - U.S. Repatriates another $300 Million ($600 million in total) to Malaysia
- Updates to AML/CFT Handbook appendices April 2020
- Mauritian regulator issues rules for family offices
- A former London banker at Goldman Sachs Group Inc. arranged for millions of dollars in bribes
- Family Wins Fight With U.K. Cops Over ‘Billionaire Row’ Home
- Jersey updates guidance on Intermeddling in estates of deceased persons [April 2020]
- JERSEY - Electronic signatures and the use of technology in Jersey
- MAS Imposes Composition Penalty of $400,000 on TMF Trustees Singapore Limited for AML/CFT Failures
- GFSC GUIDANCE - Can video calling be used to verify the identity of individuals? 6th April 2020
- Ask for a selfie: UK financial watchdog eases rules in pandemic
- Spoofed email account costs a firm £30k in – The Maserati Fraud – this is why encryption is important
- JFSC INDUSTRY UPDATE 03 APRIL 2020
- Barclays & WM Morrison - x2 Important Supreme Court decisions on vicarious liability – 1 April 2020
- Beneficial Ownership Regulations in Kenya
- Good news for employers, or is it? – the UK Supreme Court hands down judgment in WM Morrison Supermarkets plc (Appellant) v Various Claimants (Respondents)
- Lux Regulator suspends Rothschild ex-CEO for ten years-AML and governance and prudent risk management
- ZOOM - Defend against video conference hijacking
- OFSI imposes £20.4 million fine on Standard Chartered Bank for breaching financial sanctions.
- Trust Register: Latest (26 March 2020)
- THE JFSC and Government of Jersey - Stay at Home Order - Essential workers in Financial Services
- Could Northern Ireland become “the new Panama”?
- In-house lawyer was ‘puppet director’ for dubious £16m schemes
- Feedback about the Masterclass 1
- Acorn Finance
- Guernsey fiduciary
- Compliance manager, Mauritius, a multi-jurisdictional TCB provider
- Head of Risk & Compliance – Leading Offshore Law firm
- Alison Johnson – MD, Valla Limited
- Director, Multi-Jurisdictional Corporate Service Provider
- Partners and Senior Managers at a leading Channel Island Law Firm
- Compliance officer, Mauritian CSP
- Henley & Partners
- Comsure update due to COVID-19
- Dubai Property: An Oasis for Nigeria's Corrupt Political Elites
- COVID-19 in Mauritius
- School closures and working from home – a six-point guide for Channel Islands employers
- JFSC Findings for ICAAP themed examination programme
- Director of Pilatus Bank, Malta, guilty of sanction busting and bank fraud, money laundering, and defrauding the United States
- JERSEY CORONAVIRUS BUSINESS CONTINUITY CHECKLIST – act now
- Information for regulated businesses - Coronavirus (COVID-19)
- Mauritius FIU STR AML/CFT insights October - December 2019 - Issue no. 3 / 09 March 2020 (1)
- THE VULNERABILITY OF MANAGEMENT CONSULTANTS TO AN OFFENCE OF MONEY LAUNDERING
- THE STORY JUST KEEPS ON GIVING - Jahangir Hajiyev was running out of money, and the board in Guernsey need to act!
- Highlights from the IRISH Data Protection Commission's 2020 GDPR report
- Civil fining in Jersey – A Look at the first-ever financial penalty against a regulated business and the background and processes
- Abu Dhabi Commercial Bank PJSC Jersey Branch Pleaded Guilty – the court judgement is available
- Cryptoassets ARE property under English law AND the Proceeds of Crime Act 2002 (POCA 2002).
- Guernsey update - GFSC issue new fiduciary & pension scheme guidance
- Themed Examination Programme 2019 – The Role of the MLRO (it's out)
- AML & SAR cases in Luxembourg
- Consultation on proposals to change Investment Business fees rates
- Guernsey (GFSC) strike again in 2020 - Louvre and its controllers fined again (1)
- Annual proceeds from human trafficking and forced labour exceed $150 billion
- Guernsey (GFSC) strike again in 2020 - Louvre and its controllers fined again
- AIRBUS TO PAY €990,963,712 IN UK’S LARGEST DEFERRED PROSECUTION AGREEMENT
- Guernsey linked to Jahangir Hajiyev, and his wife, Zamira, and an Ascot golf course
- The US admits it is a global money-laundering risk (or at least that is what I interpret)
- How Britain can help you get away with stealing millions: a five-step guide (posted by Comsure in 6 postings 6/6)
- How Britain can help you get away with stealing millions: a five-step guide (posted by Comsure in 6 postings 5/6)
- How Britain can help you get away with stealing millions: a five-step guide (posted by Comsure in 6 postings 4/6)
- How Britain can help you get away with stealing millions: a five-step guide (posted by Comsure in 6 postings 3/6)
- How Britain can help you get away with stealing millions: a five-step guide (posted by Comsure in 6 postings 2/6)
- Updates to the AML / CFT Handbook for regulated financial services businesses
- US sanctions Bulgarian PEP (judge) and his family for corruption
- JFSC Registry Programme of Work 2020 Seminar - lots to do by OCT 2020!!!!!
- Money Laundering order amendment 11
- Abu Dhabi Commercial Bank PJSC, Jersey Branch (ADCBJ) guilty and fined £475,000
- Who indeed wants to be an MLRO (& / or Directors, Partners, Senior Managers, and MLCO)?
- How Britain can help you get away with stealing millions: a five-step guide (posted by Comsure in 6 postings 1/6)
- Iranian national charged with $115m US sanctions evasion scheme
- JFSC Risk data on Sound-Business-Practice-Policy & Appendix D2
- EWHC finds Russian bankers liable for balance-sheet concealment scheme
- MAURITIUS: Financial sector must file plans to identify AML gaps
- $300 million of laundered money held in Jersey bank accounts to be sent back to Africa
- JERSEY Fintech enquiries on the rise for the regulator
- UK trust Registration Service - consultatio
- GDPR - What are Binding Corporate Rules designed to achieve?
- JOIC UPDATE ON BREXIT
- Tax cheats on notice that their days of non-compliance are over Global tax chiefs undertake worldwide tax fraud probe
- OFSI post Brexit guidance for UK sanctions regimes
- Failing to act with integrity due to not disclosing or avoid conflicts of interest – are you at risk?
- The Jersey Data Protection Authority (JDPA) has issued its first public statement (but no fine)
- 2019 CORRUPTION PERCEPTIONS INDEX SHOWS ANTI-CORRUPTION EFFORTS STAGNATING IN G7 COUNTRIES
- Jersey Business Crime and the Weaponisation of White-Collar Enforcement – are you prepared?
- Update – Phase II of the JFSC’s Supervisory Risk Data Collection Exercise
- U.S. HITS NEW LOW IN GLOBAL CORRUPTION INDEX
- Mauritius publish their NRA – The National Money Laundering and Terrorist Financing Risk Assessment of Mauritius
- OFAC announces settlement with bank in London, UK
- Isabella discusses the latest financial crime news with Samantha Sheen and Misha Glenny.
- Standard Bank Jersey Limited fined £20k for letting woman use dead partner’s account (August 2019)
- Commerzbank Frankfurt Offices Raided in Widening Tax Scandal
- GFSC director seeks judicial review over police complaint
- SFO Guidance: New requirement for lawyers to ‘certify privilege.’
- Using your social media at work may have calamitous consequences – KPMG dismisses Financial Services Head after conduct probe story
- An Overview of Cuban OFAC Sanctions and Key Tips on How to Deal With the Ongoing Changes
- FinCEN Launches Division to Identify Foreign Money Laundering Threats
- Introducing Forensic Finance, a podcast exploring how banks can help solve global issues
- OTP’s Bulgarian unit fined for data breach affecting over 33,000 clients
- Nato: Cyber-attack on one nation is attack on all
- Money Laundering Case Studies – Case study 19 to 24
- SOE and PEP Classification
- Guernsey MLROS – Lessons from the prosecution of an MLRO
- Sanctions & The “50 Percent” Rule – Narrative Sanctions?
- Jersey and COBO Consents and changes to the Register of Beneficial Owners and Controllers [UBO]
- The fit and proper test for approved persons
- The 10 Compliance function Questions you MUST ask……..
- Sweett Group fined £2.25 million after bribery act conviction
- Jersey lawyer removed from the roll of solicitors of the Royal Court for following fraud and Money Laundering conviction
- Why does the compliance function/officer struggle (and in some case fail?)
- LEARN FROM A DATA BREACH
- Cybersecurity tops business risks in internal auditor survey
- ICO warns about historical personal data
- Read the new CORRECTIV investigation: The President and the Arms Dealer.
- Improving the suitability of financial advice - Fact finding and reporting
- Jersey - first two prosecutions for Intermeddling – have you adequate procedure
- Part II of the JMLSG’s guidance updated
- JFSC findings from its MLRO thematic
- SPOT THE SIGNS OF HUMAN TRAFFICKING (even in Jersey)- Awareness can save lives
- Cybercrime University Module Series
- OFAC sanctions Iran’s National Development Fund & amends Central Bank of Iran designation
- Post brfexit - UK to impose ‘Magnitsky’ sanctions on regimes that imprison journalists and campaigners
- The President and The Arms Dealer
- Jersey classic money laundering case revisited (2003-2006) “You cannot turn a blind eye to the obvious”!!!
- Deloitte challenge PwC in £25m claim over Guernsey ‘Ponzi’ scheme
- UK Export Control Amendment Order creates new offences for export control violations
- US draft guidance for the export of hardware, software and technology with surveillance capabilities
- JERSEY AND GURESNEY PENSION TRANSFER REFUSAL AND PENSION TRANSFER DELAYS - CIFO's emerging issues
- CIFO latest complaint numbers
- Improving the suitability of financial advice - Fact finding and reporting (1)
- New rules brought in for non-UCITS retail schemes
- Captain Kirk & money laundering? The final frontier for financial crime!!!
- OFAC adds Guptas to Global Magnitsky sanctions list
- When outsourcing goes awry - Raphaels Bank:
- Outsourcing Step-By-Step Guidelines Checklist
- Know your UBO% or else - A Swiss company has filed a complaint against Deutsche Bank
- The Office for Financial Sanctions Implementation has published its 2018/2019 Annual Review.
- US charges Turkish bank with FRAUD, MONEY LAUNDERING, AND SANCTIONS evasion
- Firms warned after increase in email scams
- US issues sanctions [OFAC] against Turkey after the military offensive in Syria
- Invoice hijacking fraud - Court adopts practical approach to assist in the recovery of funds
- ML "No Consent": Suspicion And Provenance Challenges in the Channel Islands.
- DOTAS and Jersey and Jersey’s enforcement of such matters
- Reliance on information from banks hindering corruption and money laundering investigations
- You cannot confiscate illicit funds from a company without having brought charges against it
- The GFSC announced the “none fining” of a company (£30k) and do not act to fine any of the directors –how odd!!
- Jersey courts (April/October 2019) are reminded of Jersey TCSP poor conduct in its apparent backdating of commercial contracts, share sale agreements and accounts
- Guide to the Criminal Finances Act in the United Kingdom
- Jersey courts criticise ‘no consent’ regime….AGAIN!!!
- INTERMEDDLING: COULD YOU BE FACING A FINE…OR WORSE?
- Legal Uncertainty from Exchange Tokens and Initial Coin Offerings
- Using Search Engines For AML Compliance…..????
- Russia (Sanctions) (EU Exit) regulations 2019
- Gibraltar RGP confirm major anti-money laundering operation - 22nd October 2019
- JFSC issue Property managers and letting agents themed examination programme findings - Issued:23 October 2019 Property managers and letting agents themed examination programme findings
- Cryptocurrency' scam'? Dr Ignatova, OneCoin and Death threats for a whistleblower
- Compliance chief busted for stealing confidential SEC information
- You cannot confiscate illicit funds from a company without having brought charges against it (1)
- Cryptocurrencies and the fight against money laundering
- Initial Coin Offerings: Issues of Legal Uncertainty Report: Initial Coin Offerings: 30 July 2019
- Fifth man charged in cayman money laundering case
- Concealment of Beneficial Ownership
- Advisory on the Financial Action Task Force-Identified Jurisdictions with Anti-Money Laundering and Combating the Financing of Terrorism Deficiencies and Relevant Actions by the United States Government
- Disney+ Accounts Hacked: Hackers Sharing Disney Plus Accounts on Reddit
- The First multi-million GDPR fine in Germany: €14.5 million for not having a proper data retention schedule in place
- THE AML [financial crime] risk appetite statement
- UK/US data sharing and the impact on financial crime
- Public Statement Mr Kevin Robert Manning (Mr Manning)
- UK’s new ‘freeze and seize’ powers upheld in Moldovan money laundering case
- Swedbank under investigation for facilitating transactions involving Kalashnikov
- Were EY aiding in the laundering of drug money and did they fail to meet the reporting (SAR) standards
- Jersey provisions are more robust than their UK equivalent - Account Freezing / Forfeiture Orders
- UK "AML" authorities are receiving more "SARs" than ever.
- SARs and private law actions and the question of consent – Liang v RBC Trustees (Guernsey) Limited
- Top 15 tax havens around the world – where the billionaires and millionaires hoard their money
- Action Fraud warns of Amazon Prime scam that has cost victims over £400,000 in two months
- Diplomats for Sale - Al Jazeera Investigations
- Iceland – Guernsey FSC say due to changes sort out your EDD by 31 January 2020.
- Mixcloud data breach exposes over 20 million user records
- End-of-Life Devices Pose Data Breach Risk
- US Hospitals Fined $2.175M for "Refusal to Properly Report" Data Breach
- Cryptocurrency expert charged with US N Korea sanctions violations
- The JFSC 2020 programme for on-site thematic examinations - 3 December 2019
- Three men who were part of cyber fraud group sentenced
- Cryptoqueen: How this woman scammed the world, then vanished
- Europe’s Anti-Money Laundering Framework Needs Further Reforming
- Westpac to admit money laundering breaches
- Consultation paper on the proceeds of Civil Financial Penalties Issued:16 December 2019 (Proposals = Retention as income)
- High Court upholds strikeout of a claim based on allegation a financial institution breached fiduciary duties as a shadow director of its customer
- The GDPR: What exactly is personal data?
- Jersey sanctions update
- The Netherlands issues guidelines on internal compliance programmes
- The truth is that great minds don’t think alike
- Jersey's Royal Court declares trustee's exercise of power void
- UK Updated AML rules for 2020
- Do Russian Oligarchs launder dirty cash in the English courts?
- Seychelles' lawmakers to strengthen anti-money laundering, terrorism financing legislation
- Christmas ransomware attack hit New York airport servers
- Mauritius – NEW AML HANDBOOK
- Key considerations for UK investment in the legal cannabis industry abroad (November 12, 2019)
- UK enforcement round up and looking ahead to 2020
- Mauritius NEW AML 2020 handbook - It is time to start planning your 2020 AML training
- 5MLD - the Trust Registration Service scope widens
- Unreal Estate - Mihajlo Perenčević received millions of dollars from Russia under the guise of fictitious real estate purchases
- The international art market and money laundering
- FCA becomes AML and CTF supervisor of UK cryptoasset activities
- 2019 Supervisory Risk Data Collection Exercise – Update for Funds, wire transfer and prepaid card providers
- Global anti-money laundering fines top £6bn
- 5AMLD-and-the-art-market = A-new-landscape
- Groupthink and how to avoid it
- Request for appointment information for Principal and Key Persons
- GDPR
- Data security
- Guardian Global Capital (Suisse) SA v JFSC 29-Apr-2020 judicial review - Trust Company Business "in or from within Jersey."
- A useful consideration/decision flow chart on outsourcing “TO THE CLOUD.”
- Jersey concludes saga with Robert Tantular and his criminal property
- 2020 Regulatory Visits Forum
- The 75th anniversary of Jersey's Liberation
- 6AMLD - Non-covid-19-related issues to keep an eye on
- Whistleblowing now and in the future including EU 12/2021 DEADLINE
- JFSC UPDATE - Relaxation of lockdown requirements for financial services
- EASYJET HACK: WHAT DOES IT MEAN FOR ME AND MY PERSONAL DATA?
- Consultation on revisions to the AML/CFT handbooks
- Jersey Email Alert Service - Financial Sanctions Notices [Official]
- Financial crime systems and controls during Covid-19:
- Equity Trust (Jersey) Limited (Equity) fined £115,575.00
- RE: Industry update - 29 May 2020 - JFSC/JFCU Changes to SARs and MIRs response letters
- Updated 2020 JMLSG guidance takes account of amended Money Laundering Regulations 2017
- COMSURE “lunch and learn” CPD - The “OLD NORMAL” is back
- JFSC Online Outsourcing Notifications & Portal set up
- JFSC Consultation on sustainable investments
- Standard Chartered Trust (Guernsey) Limited fined £140,000 by the GFSC
- 11th June 2020 - The GFSC STRIKE AGAIN - £70K Fines
- Standard Chartered Trust (Guernsey) Limited fined £140,000 – is this lined to Singapore’s 2015 $4.9 million fines?
- The Guernsey [GFSC] issues fines [£110,000.00] against investment firm and director
- Fraudulent conversion judgment in Jersey – 2-0 to Ian Jones at Preston Legal.
- JFSC Barry Faudemer steps down as Director of Enforcemen
- Mauritius - The Financial Services Commission (the “Commission”) publishes its Enforcement Manual (“Manual”) this 12 June 2020.
- Dark web scammers exploit Covid-19 fear and doubt
- JFSC 30min Virtual examinations update webinar
- The JFSC 2019 annual report published
- Jersey company registry legislation RE - beneficial owners, controllers and significant persons?
- LLPs, SLPs, UBOs… acronyms in financial crime scandals – a 30 min podcast
- JFSC Financial crime examinations [FCEU] feedback published
- SWM Limited (SWM) Public Statement Issued: 29 June 2020
- Regulatory financial penalties in Jersey; some reflections by a time-served Regulator
- A summary of the JFSC Financial crime examinations feedback paper
- UNDERMINING US SANCTIONS
- Basel Committee finalises AML/CFT guidelines on supervisory cooperation
- The long arm of OFAC in the U.K. – check your agreements
- JFSC Virtual examinations follow up questions
- The UK imposes sanctions against abusers of human rights
- The UK imposes first human rights sanctions
- Jersey Restrictive measures against UK Human Rights Designations
- Jersey Restrictive measures against UK Human Rights Designations Issued:07 July 2020
- AML and the SRA: Time to root out the bad apples?
- JFSC Outsourcing Notifications to be submitted online
- JFSC consultation on changes to fund fee rates
- Thematic Review on Source of Funds / Source of Wealth
- McKinsey warned Wirecard a year ago to take ‘immediate action’ on controls
- McKinsey warned Wirecard About “risks related to business partnerships or third parties.”
- BRIEFING FOR TCSPs - Inheritance tax changes in the Finance Act 2020 and the tax impact upon trustees and settlors.
- Dutch banking’s transaction monitoring utility gets green light
- The Guernsey Financial Services Commission [GFSC] strike again.
- OFAC FINE AMAZON
- The Three Lines of Defence model – revamped
- AML Lessons to be Learnt from the Commerzbank Fine
- OFAC fines U.K. subsidiary firm for North Korea fag end imports
- Deutsche Bank’s Many Epstein Failures
- JFSC consultation on changes to fund fee rates (1)
- JFSC Annual Report 2019 published
- Migration of foreign limited partnerships into Jersey
- Jersey LLC law paves the way for the new offering
- Asset freeze designations will now be published on the Jersey Gazette
- UK extends Global Human Rights sanctions to Isle of Man & Overseas Territories
- JFSC consults on revisions to the AML/CFT Handbooks
- Ohio Speaker of the House Arrested for $61m Bribery Scheme
- London Laundromat: Police seize £2 million profits of Italian mafia gang held in British banks
- JFSC has extraterritorial powers says Jersey Royal Court
- $150 million Lessons From Deutsche Bank’s Epstein Fine
- RISK THINKING - Every business faces risks that could present threats to its success.
- JFSC REPORT on Reliance on Obliged Persons
- Tax affairs of 246 footballers being investigated by HMRC in 2019-20
- Westpac says money laundering and counter-terrorism breaches may be 450,000 more than suspected
- Moscow to Ditch Popular Tax Treaty With Cyprus
- Publication of Wolfsberg Group statement on Developing an Effective AML/CTF Programme
- Global Anti-Money-Laundering Fine Amounts Released
- Wirecard lessons to be learned
- Germany raids its own financial intelligence authority over backlog of suspicious activity reports
- Everything you wanted to know about encryption and GDPR but were afraid to ask
- José Filomeno and his links to Mauritius and Quantum Global
- UK Law Partner suspended over multiple money laundering failures
- THE X3 LINES OF DEFENCE – A NEW PERSPECTIVE?
- GFSC issue £70k of fines on Insurance Global Insurance Group Limited, Christopher Schofield, Andrew William Robert - 30th July 2020
- The GFSC issue fines of £78,750.00 on x2 NEDs - Shane Younger and Christopher Percival - 30th July 2020
- GFSC issue a £7k fine on a NED - Stephen Paul Dewsnip (“Mr Dewsnip”) - 27 July 2020
- Cyprus sold passports to criminals and fugitives
- FCA Fines of 2020 already exceed £100 million – a look at the big 4
- Dubai and money laundering are there any connections – example 1 - Isabel dos Santos
- Dubai and money laundering are there any connections – example 2 - The Fishrot Files
- Dubai and money laundering are there any connections – example 3 - the Guptas
- Dubai and money laundering are there any connections – example 4 = the Russian Laundromat
- Dubai and money laundering are there any connections – example 5 - Dubai's real estate market
- Dubai and money laundering are there any connections – example 6 = IMDB
- Mauritius National Sanctions Secretariat August 2020 UN sanction guidelines
- Money laundering through channel islands banks – revisiting a case from 2018
- Independence of the Compliance Function: A Critical Component of the Three Lines Model
- Three Lines of Defence” model and the independence of compliance – thoughts?
- New guidance on avoiding a breach of UK financial sanctions
- Guernsey data protection regulator has teeth and uses them (£80k time !!!!)
- Island-wide cyber security risk assessment launches next week
- Anonymous Companies and Transnational Crime
- Mauritius: The Fight Against Fraud and Corruption Shall Continue Relentlessly, Without Fear or Favour, Says Prime Minister Jugnauth
- Malta gets another downgrade at crucial juncture for financial services industry
- New JFSC Public Statement - Lumiere Wealth Limited (in liquidation)
- HSBC reaches tentative agreement in US over shareholder action regarding AML violations
- To Know Money Laundering, You Need To Know Your Predicate Offences (& 6AMLD)
- The GDPR: How to send sensitive information by email
- Coronavirus: 18,000 test results published by mistake
- More German DAX[s/d] listed money laundering - Grenke – For Your Fraud Financing Needs
- Guernsey fine a director £14k
- CFTC guide on how to assess the effectiveness of their AML/Compliance program.
- HSBC Shares Fall to 25-Year Low on China Fears, Banks Report
- THOUGHTS ON THE ‘FINCEN FILES’ & ONGOING RISKS OF SAR FILING PRACTICES:
- THREE LINES OF DEFENSE - FAILED PROMISES AND WHAT THE NEW MODEL OFFERS
- City may face flurry of litigation after ‘FinCEN’ dirty money revelations
- Are you using WhatsApp at work to beat compliance – if so watch out
- Comsure Mauritius AML Training Designed to Comply with the Latest Updates and the new normal
- The Times view on Britain’s role in money laundering: Dirty Money
- Another happy client
- First National Risk Assessment published
- Virtual training feedback:
- GFSC Consultation Paper on regulated firms Cyber Security Rules and Guidance
- Cyber risk Self-Assurance Help Sheet (aide memoir)
- GFSC Dear CEO - Custodians of Open-Ended Collective Investment Schemes with Indirectly Held Assets [9/9/20]
- Coronavirus (Covid-19) – second lock-down considerations - Information for regulated businesses
- Founders of BitMEX charged with skirting U.S. laws preventing money laundering
- 'Significant' threat of overseas financial crime in Jersey
- JFSC Updated guidance for examinations (is this an early warning of a lockdown?)
- UN FATCI interim report on stopping money laundering
- EU List of High-Risk Third Countries: Communique by the Government of Mauritius
- Leicester textile firms 'involved in money laundering'
- Cypriot passport-for-sale industry – watch the undercover investigation report
- FACE TO FACE (BUT APPROPRIATELY SOCIALLY DISTANCED ) AML TRAINING, IN JERSEY, IN NOVEMBER !!!!
- JFSC PUBLIC STATEMENT - Brooks Macdonald Asset Management (International) Limited, Jersey Branch (BMI)
- Mourant appoints former JFSC Director to leadership role
- Fraud Costs a Channel Islands Bank £191,232.50 in compensation
- Cyber [email] Risk reminder - unencrypted emails are dangerous
- CA and PRA fine Goldman Sachs International £96.6m for risk management failures in connection with 1MDB
- Crypto AML - Singapore take action
- OFAC issues new art world guide (warning)
- Guernsey Issue Basic Criteria/Guide for Permanent a Remote Working Business Model
- Facilitating tax evasion - Number of live Corporate Criminal Offences investigations
- JOIC Data Protection Audit Programme Commences
- Boylesports fined £2.8m over money-laundering risk assessment
- Jersey Updated guidance –FIU response to Suspicious Activity Reports (“SARs”)
- EU AML Reform Plan Progress 2020/21
- Hong Kong To Bring Virtual Assets Into Line
- Virtual Assets Red Flag Indicators of Money Laundering and Terrorist Financing
- FCA probes Airbnb over financial crime controls
- An interesting point made by the High Court in Beckwith v Solicitors Regulation Authority
- EXCLUSIVE: Manchester United face £15MILLION fine if they pay hackers holding them to ransom as club call in experts to try and fight off the virus crippling their systems... and a FURTHER £18m charge could arrive if fans' data protection is breached
- 9 jailed, fined millions in UAE over $83.37mln money laundering case
- JFSC Thematic examinations scheduled for early 2021
- Don't turn a blind eye: another civil case to show money laundering is alive and kicking
- ECJ annuls Mubarak et al Egypt misappropriation sanctions listings
- Jersey Money laundering case in the Royal Court tomorrow - Friday 4th December 2020
- JFSC Thematic examinations scheduled for early 2021 (1)
- Money laundering charges admitted in Jersey
- Dutch prosecutors to investigate UBS chief over ING money laundering case
- FATF - trade-based money laundering (TBML).
- GUIDE TO SUPERVISION
- Jeweller on trial for laundering drugs cash
- Keep calm and call Comsure’s AML TEAM
- Three Common Problems With The Three Lines Of Defence Framework
- IFA FINED £107,200 unsuitable pension switching, transfer advice and failing to manage its conflicts of interest.
- 6 Steps to a Good Risk Assessment Process
- Ponzi schemes, the Quincecare duty of care and dishonest assistance
- LGL Trustees Ltd admits money laundering offences in jersey
- St Helier jeweller guilty of laundering drug gang's cash
- Switzerland charges Credit Suisse employees in Bulgarian real estate money laundering scheme
- JFSC say Jersey businesses' are not adhering to compliance monitoring guidance
- London Capital & Finance scandal: How the gun-shy regulator was left shooting blanks
- UWO - Zamira Hajiyeva – SHOW US THE MONEY!!!
- GFSC continue enforcement into December
- JFSC Compliance Monitoring Plans (CMP) - Thematic review – KEY FINDINGS
- Do you understand your outsourcing obligations?
- Fraud victim vs bank, instead of a fraudster
- Mauritius FSC issue a fine [$4,950.00] PCL Management Services (Mauritius) Ltd
- 2020 AML Fines exceed 2019, but down on 2017/18
- The JFSC post the following COVID work from home advice yesterday 21 December 2020
- JFSC industry update - 21 December 2020 - Outsourcing Policy and Guidance Note
- JFSC industry update - 21 December 2020 - COBO consents from 6 January 2021
- UK's third National Risk Assessment (NRA)
- Changes proposed to GFSC AML handbook - 23rd December 2020
- Lessons from employees who break the rules
- Jersey linked to Pakistan's Federal Board of Revenue investigation into money laundering
- AML FINES IN BERMUDA
- Guernsey money launderer struck off for 12 years
- GFSC publish AML failings of a regulated firm, its directors and the compliance officer
- Mauritius – money laundering firm has its license revoked but not still NO prosecution (!!!)
- Third countries align with EU’s global human rights sanctions regime
- Professional Money Laundering and Related Threats – a case study
- AML Virtual (Face to Face)
- JFSC UBO Guidance note updated (reissued) | 01 January 2021
- GFSC fine [£7k] a Director for backdating documents after lawyer request!!!
- Record £23.8 million fine for breaching money laundering regulations
- UWO - Porsche, Luxury Apartment Are Seized in U.K.
- Potential for More Aggressive UK Enforcement including conduct outside the United Kingdom
- New UK Sanctions Regime Takes Effect
- Brexit: UK sanctions different to their EU counterparts
- Two British citizens indicted for "cynical and carefully planned billion-dollar fraud,"
- Trusts, self-dealing and conflicts – a case study from the Jersey Royal Court
- A look back to February 2019 and Guernsey ML conviction of Peter Dawson-Ball
- US, UK fight foreign bribery, but most nations do very little
- Ten years old, this year, happy birthday Bribery act
- Record all communications while working from home
- The new Jersey Registry Law, a key features briefing to support the board, training and policies.
- From tax evasion to terrorism: These are the 10 biggest bank fines of 2020
- Control Failures and the erosion of 1st and 2nd line defences cost Deutsche Bank $130M
- Bermuda Monetary Authority issue $400,000.00 fine
- A Report is highlighting the UK’s role as a facilitator of “financial crime.”
- $1 trillion = McAfee report on the hidden costs of cybercrime
- CAYMAN FINES Western International Trust Company Limited £426,000
- Malta's FIU fines firm €373,670 for serious AML/CFT breaches
- JERSEY adopts a new definition for the term "ANTI-MONEY LAUNDERING LEGISLATION."
- Failure to Prevent Economic Crime – One step closer?
- JERSEY - Financial Sanctions Notice: Forthcoming Sanctions Legislation 8 January 2021
- ABN-Amro money laundering probe close to a settlement, FD reports
- OFAC designation in the UK – what is the impact of the US/UK nexus
- The UK is extremely concerned about good governance in the British Virgin Islands (BVI).
- Swiss regulator gives the former CEO a telling off following the PDVSA money-laundering scandal
- HSBC leaks implicated Switzerland in diamond and tax evasion 'laundering carousel' case.
- UK legal sector – 2021 updated Anti-money laundering guidance
- Major revamp of Jersey Registry.
- Hedgehoggery in governance, risk and compliance? Are you a hedgehog or a fox? ……
- IT'S NOT THE BANKS FAULT IF YOU PAY A FRAUDSTER
- Quote of the day – compliance officers
- OFAC has upgraded its sanctions list search tool with fuzzy logic that is more resource-efficient.
- Can one person possess all the needed attributes that compliance function requires?
- Financial crime issue predictions for 2021 & CULTURE
- TIs perception of corruption index CPI2020 [#CPI] is out – BUT is it any use for AML risk assessments?
- Thought for today – for you and your firm's conduct and its relationships
- LUXEMBOURG's FATF 2021 assessment delayed due to COVID
- Jersey new Sanction laws and JFSC guidance in force on Friday 12 February
- Cyprus launches UBO register
- A risk management perspective on GameStop stock surge
- UK Fraud Threat – read the 2021 reports
- Bishop identifies Jersey as a ‘tax haven’
- Trust and company agents facing crackdown over organised crime links
- Two top executives sentenced to 15 years in jail for money laundering
- Please will you do CDD, Mr. Big Bank
- JFSC WEBINAR Compliance monitoring - Wednesday 24 February at 14:00
- Hedge Funds Risk Biden-Era End to Money-Laundering Loophole
- Warrant served on UK law firm over alleged 1MDB assets
- Does your business use digital document signing?
- JFSC NRA Accountants webinar
- The price of Non-compliance – Tribunal tells Jersey director their dismissal was fair and lawful
- EMMA feels let down. Let down by an island she loves.
- Bangladesh & All the Prime Minister’s Men | Al Jazeera Investigations
- Corruption - WESTERN EUROPE is the worst (or the best!!) according to TI CPI
- AML ENFORCEMENT IS STARTING TO BITE IN THE UK
- RECKLESS STATEMENTS - WATCH OUT JERSEY ADVISORS AND OTHERS………..a look back to 2007
- Happy Chinese New Year!!!
- Restrictive measures against Russian Federation
- The GFSC AML HANDBOOK REFRESHED AND UPDATE – OUT NOW
- Guernsey [GFSC] issues NEW Cyber Security Rules and Guidance [15th February 2021]
- Trust firm could face £650K fine over Angola arrangement
- Societe Generale Jersey - JFSC public statement and fine £510,599.67 + £155,476.54 + £53,375.00
- JFSC Director General, comments on SG Kleinwort Hambros fines totalling £719,451.21
- Is Jersey 2018 $23.3 million money laundering case connected to SG Hambros Bank £719,451.21 fine?
- GFSC Exit Interviews for MLROs and MLCOs
- Implementing a ‘three lines of defence’ approach to risk management
- Nigerian entrepreneur Obinwanne Okeke jailed for 10 years in $11m cyber fraud
- JFSC company registry outline the consequence of failure (£££££+/or jail!!!)
- UK degree fraud: 85 fake university websites taken down in five years
- LGL Trustees Ltd, fined £550k [+50k] - what is known and what the Jersey court said about what happened
- AML failure-why are so many firms incurring fines?
- Thematic programme examinations in 2021
- JFSC Thematic programme examinations in Q2+3 2021
- JERSEY gets tough following MONEYVALS 2015 criticism
- Where is Moneyval when you want them?
- FCA recover money for victims of unauthorised deposit-taking and CIS
- SFO Wants Companies to Invest in Compliance
- JFSC Compliance monitoring webinar – feedback and findings from the JFSC
- The JFSC has issued guidance for Jersey Registered Persons and financial stability
- Ending the Shell Game: Cracking down on the Professionals who enable Tax and White Collar Crimes
- JFSC Thematic Examination Programme 2021
- JFSC February 2021 updates to the AML/CFT Handbook appendices – and CAYMAN connection warning
- The JFSC is making Changes to AML/CFT Handbooks following consultation
- JFSC Changes to AML/CFT Handbook on CDD legal persons and arrangements
- EBA revised AML guidelines – some interesting thoughts on UBO verification solutions
- JFSC Customer Due Diligence follow up webinar on 10 March at 14:00
- Deloitte to Pay Malaysia $80 Million in 1MDB-Related Settlement
- Galaxkey & Geoff White - Encryption as a Security Solution – FREE WEBINAR & LUNCH!!
- ING Group's unit in France will pay €3 million to address anti-money laundering
- Building an effective RISK ASSESSMENT in Jersey – Comsure essential tips
- Estate agents and High Value dealers
- Were Jersey VAT arrangements abusive - First-tier Tax Tribunal – Paul Newey t/a Ocean Finance –
- William Hill to fight Swedish Bank over account closures because of money laundering
- CAYMAN ISLANDS AND MAURITIUS – HAVE YOU DONE YOUR IMPACT ASSESSMENT FOR EDD?
- JFSCs Martin Moloney says Jersey is not a soft touch jurisdiction
- The JFSC is reminding the industry about their CAYMAN information request
- FATF risk-based strategy for supervisors
- Microsoft's email software hack in jersey – are you ready for the JFSC and JOIC questions
- Microsoft’s email software exploited by hackers compromising thousands of sites, globally (including Jersey and Guernsey!!)
- Tactics Used to Get Cash Out of China
- RISK Perception is in the Eye of the Beholder
- The Time it takes for a #hacker to crack your #password
- NATWEST - THE FCA initiate the first criminal prosecution under the money laundering regulations
- Risk identification and learning
- How good is your password? Please make it better than…….
- Moscow Court Sentences Bankers in 'Russian Laundromat' Case
- 10 Iranian nationals charged with evading US sanctions
- Jersey enforcement (LGL & SGHAMBROS) - x5 critical learning points for Boards and Compliance Professionals
- Abu Dhabi Commercial Bank PJSC Jersey Branch judgement
- Caversham Fiduciary Services Ltd And Caversham Trustees Ltd And Nicholas Bell 2005 judgement
- The significance of a red flag — don't jump to conclusions too quickly
- Money laundering expert calls for more prosecutions
- Delivering since 2005
- More than puff and smoke: poised for cannabis boom? it would be best if you minded your AML
- Mark Twain
- Money Laundering and Terrorist Financing (Amendment) (High-Risk Countries) Regulations 2021 made: Brexit SI
- Updated HM Treasury advisory notice on money laundering and terrorist financing controls in higher risk jurisdictions
- Malta’s Fin-Services sector left reeling in wake of high-profile arrests on money laundering charges
- Guernsey justice? Guernsey criminal Ponzi operators fined £55k and banned!!!!
- German Attorney Pleads Guilty to Money Laundering…….
- NATWEST FACING MONEY LAUNDERING CRIMINAL PROCEEDINGS
- Chinese Court to Curb Foreign Sanctions
- If you think your compliance programme is not fit for purpose…..
- Fraudulent Scottish Shell Company Blacklisted By The World Bank
- GFSC ban Ponzi scheme operator who is serving 20 years in prison!!!!
- JFSC findings [29 March 2021] following JPF Designated Service Provider (DSP) thematic review
- HM Land Registry publish NEW standards for EIDV in property transactions
- Switzerland non-compliant? Will FATF grey list them? Will the E.U. blacklist them? Will you rate them higher-risk?
- JFSC AML/CFT Handbook Appendix D2 – BEWARE OF SOURCES 1 and 2
- A solicitor who “did not know” he was a partner and compliance officer is rebuked and fined – and the firm shut down!!
- Four-year sentence for ‘prolific’ ecstasy dealer
- SRA makes 26 SARS over £200m of potential money laundering by solicitors
- JFSC financial crime 2020 examinations findings report issued - Almost 200 (191) findings identified…!!!!
- Guernsey FSC issue AML/fiduciary fines and bans = £155,000.00 + 10/6 year prohibitions!!!
- Draft versions of JFSC AML/CFT Handbooks published ahead of changes on 31st May
- Mauritius Financial Services Commission Amends the AML/CFT Handbook
- Compliance management systems guidelines — ISO 19600:2014(en)
- Why And How To Map Controls In Risk Management
- GFSC Public Statement - Mr Ian Roger Parry
- The 6th Anti Money Laundering Directive (6AMLD): 3 June 2021. ITS GETTING CLOSER
- The FCA muses on AML systems and controls
- TWO FCA AML CASES (2020-2021) – LESSONS TO LEARN
- The FCA wants “purposeful” AML systems and controls
- Lawyers remain laggards in adopting money laundering risk assessment tools (BRAS/CRAS)
- SNOW WASHING in Canada; the laggard in the fight against financial crime
- UK FINANCIAL CRIME INTEGRITY - TWO STEPS FORWARD, TWO [1/2] STEPS BACK
- Private bank fined $1m for lapses in anti-money laundering measures
- Jersey Briefing - some thoughts about SARS and tipping off exceptions in Jersey
- ABN Amro to pay €480m to settle money-laundering investigation out of court
- Proposed amendments to the Electronic Communications (Jersey) Law (the EC Law)
- Jersey has today [20 April 2021] published its first National Risk Assessment of Terrorist Financing.
- Todays, Comsure in-house board training theme is all about behaviour
- Happy Birthday to Comsure !!!
- Could it be true that Chelsea FC fans are dodgy? And are PEPs by association?
- Jersey - Charges of attempted insurance fraud dropped
- Look back to September 2012 – I wonder if my comments about Mauritius were on point?
- AML lawyer [SRA] money laundering risks - vendor fraud through to human trafficking and modern slavery
- Mauritius free webinar- AML/ CFT Audits and Business Risk Assessment Lessons from leading experts
- 6AMLD & FATF & Adverse Media Screening
- Standard Chartered Trust (Guernsey) Limited
- AML FAILS @ Standard Chartered Trust (Guernsey) Limited & FINED £140,000
- FCA annual financial crime reporting obligation extended to a wider range of firms,
- NEW UK Global Anti-Corruption sanctions names 22 individuals
- JERSEY – and the periodic assessment of the board's effectiveness
- Comsure tips - The compliance function framework toolkit
- FATF Webinar on Risk-Based Supervision
- GFSC Fine Standard Chartered director for AML fails…….
- Directors accountability bites in Guernsey - it goes to show that not all directors are equal for failure
- Netflix BRIBERY & MONEY LAUNDERING – the real thing!!!
- Beware of the compliance safe-zone……..
- TONE from the TOP, from ABOVE, and now from WITHIN - Compliance, Culture and Evolving Regulatory Expectations
- FATF Risk-Based Supervision webinar – the recording
- Cum-ex trading – the scandal that keeps on giving (although don’t tell anyone!!).
- Do you really understand Jersey’s work permits?
- X6 STEPS TO A HEALTHY REGULATORY GOVERNANCE, RISK AND COMPLIANCE [GRC] FRAMEWORK
- Zoom webinar on AML/ CFT and Business Risk Assessment rescheduled for 18 May 2021
- The UK FCA shines a light on personal account dealing [PAD]
- Jersey firms may disclose personal data to the USA SEC in appropriate circumstances
- Comsure speaking on Mauritian Webinar: AML/CFT AUDIT AND BUSINESS RISK ASSESSMENT
- EU Regulator Consults on AML/CFT Database
- Singapore prosecutes ex BP executive for bribery and now faces money laundering trial……!!!!!
- A 49 year old man was arrested for money laundering offences.
- The Cayman Regulator is being challenged in court over AML….!!!
- Intertrust fined $4.2M over AML failings
- After setting a 22-year record – the question now is, is the JFSC enforcement led?
- BNP Paribas SA laundered money linked to Gabon.
- Conflicts of interests [COI] result in IFA being prohibited from Jersey finance industry.
- Guernsey - Banned for not being open and honest (fitness and proper)
- Early adopter or shrewd observer.Which are you?
- Regulator trains 4,430 employees on cyber and information security courses
- BaFin put N26, the challenger bank, on notice to correct AML failures (AGAIN)
- Hiding in Plain Sight – [Jersey men] Cowboys, Conmen and North Korea – a look back to 2016
- Director of 3 firms which supplied luxury goods to North Korea jailed 3 weeks
- Identifying and managing conflicts of interest: guidance for JFSC-regulated companies
- The UK facilitating tax evasion offence – 14 live Corporate Criminal investigations
- 6AMLD –it is here this week – may the 3rd be with you
- Nuclear Proliferation Activity - BIS adds eight entities to Entity List
- OFAC announce most extensive set of sanctions ever imposed over corruption.
- Cryptoasset businesses NOT meeting the required AML standards
- No proceeds of crime? But you should have been suspicious! the legal duty to report ML in the UK
- Qatar ‘funnelled millions of dollars to Nusra Front terrorists in Syria’, UK court hears [04 Jun 2021]
- FCA FINES 2021 – 6 MONTHS IN, AND THE FINES ARE LOW!!!
- Jersey Money Service Business Helps Facilitate Tax Evasion
- The JFSC remind Businesses about personal devices and social media risks
- JFSC webinar on how businesses can improve their AML compliance [14 July]
- AML Case study[ies] on Bypassing China’s Currency Controls
- Avoiding age discrimination in financial services
- SARS and failing to report - where Jersey leads others, follow.
- Jersey’s Data [JOIC] Audit Programme Enters Phase Two
- Intellectual property crime and money laundering
- AML Non-compliant Luxembourg – time to apply EDD
- Pirate IPTV Services results in fraud and money laundering charges
- Thank you from Parslows Jersey
- FCA ready to bares its teeth..
- JFSC - Jersey financial sanctions regimes and practical guidance updated – June 2021
- FCA' Dear CEO' AML letter says everyone could do better
- JFSC Countries and territories D2 updated – June 2021
- AML, what are the common underlying issues found after an AML AUDIT?
- Malta put on the FATF naughty [grey] list with Mauritius and Cayman and many others
- BE PREPARED FOR JFSC QUESTION ON MALTA
- Comsure AML Public Training July and August 2021
- FATF - identify and mitigate exposure to the funding of weapons of mass destruction
- The JFSC are making changes to a number of the Codes of Practice and the Jersey Private Fund (JPF) Guides.
- How to assess risk and demonstrate your AML/CTF programme effectiveness.
- JERSEY FIU-JFCU UPDATE
- JERSEY - Virtual CRS/FATCA Training Session on Tuesday 8 June 2021
- In September Director General Martin Moloney is leaving the JFSC
- In “God we trust but not without verification”….is God a capitalist?
- Analysing the UK Register
- FCA’s latest Dear CEO letter about doing an AML gap analysis or face regulatory action
- Sanctions: Russian Federation
- Portuguese art collector detained over fraud and money laundering allegations.
- Two year investigation results in £2m forfeiture
- Jersey jeweller and money launderer is sentenced to 7.5 years for being connected to crime gang who were sentenced to 74 years!!!
- ‘Laundromat’ couple hand over £4m after Evening Standard win
- Who would have known? Street of the 40 Thieves” in the fictional Italian city of “Ali Babba”.
- FATF 28 JUNE 2021 - ENVIRONMENTAL CRIME (e.g. FORESTRY CRIME, ILLEGAL MINING AND WASTE TRAFFICKING)
- FATF JULY 2021 - Opportunities and Challenges of New Technologies for AML/CFT
- FATF JULY 2021 - STOCKTAKE ON DATA POOLING,COLLABORATIVE ANALYTICS AND DATA PROTECTION
- Data transfers' to the UK to fall under 'white-listing regime
- The JFSC and Jersey-GOV propose “Enhanced Enforcement Powers” and streamlined decision making powers
- Proposed changes to JFSC’s enforcement powers and process
- Comsure AML Public Training July and August 2021 (1)
- The JFSC says to be vigilant when using personal devices and social media
- JERSEY UP IN SMOKE - Cannabis amendments to the Proceeds of Crime Law in Jersey
- Guernsey Financial Crime Risk Return 2021 – Start Preparing For 31 October 2021
- You still have a chance to book your seat for Comsure Public Training!
- Mauritius linked to corrupt Zimbabwean businessman
- Mauritian firm fined for AML failures
- Mauritian firm fined for AML failures (A LOOK BACK TO 2020)
- How to avoid being referred to JFSC Enforcement – and what to do if they come knocking!!!
- JFSC encouraging compliance results for those using electronic identification
- Codes of Practice and Jersey Private Fund (JPF) updated following Sustainable Investments consultation
- Guernsey [GFSC] Thematic Review on Reporting Suspicion
- Individual accountability in JFSC-regulated firms
- UK SANCTIONS – 1 YEAR ON
- UK SANCTIONS ONE YEAR ON……THE FULL STORY
- The Jersey finance industry is told - You don’t need an independent tribunal
- Worried industry listen to Jersey-Gov and JFSC explain increasing powers
- GFSC publish a statement on discretionary financial penalties
- COMPLEX DIVORCE PROCEEDINGS - Akhmed v Akhmedova
- EGMONT - Counter-Terrorist Financing Project - Lone Actors and Small Cells (Public Summary)
- HMRC publish two important AML consultations
- IOM AML/CFT - Publication of the updated AML/CFT Handbook July 2021
- JFSC share personal employee details with Jersey government – “it may be time to dust down your employee privacy statements”
- JFSC Industry update - 19 July 2021 - Revised policy on trading carbon credits and cannabis activities
- The JFSC updated primary and secondary legislation links.
- BEWARE - Not all Taliban leaders are subject to sanctions?
- Unacceptable to let UN Security Council listed 'terrorist organization' overrun Afghanistan
- Why the Comsure Electronic Signature and Encryption Solution is an Essential Business Tool
- CDD/EDD/KYCB – MESSAGE OF THE DAY
- US freezes more than $9 billion in Afghan central bank reserves
- Mauritius-registered company linked to BRUTAL MILITIAS in the Central African Republic
- Prioritizing profits over people in the Central African Republic
- JFSC Beneficial ownership guidance updated August 2021 [20th]
- JFSC Beneficial ownership 3 tier UBO guidance diagram updated along with x2 other changes
- UK’s FIU publishes August guide on SAR submissions
- OFAC sanctions oil smugglers supporting Iran’s military
- Hawksford Trust company sanctioned by the JFSC for not treating its customers fairly
- Nord Stream 2 gas pipeline hit by Biden sanctions
- JFSC 3 tier UBO guidance diagram updated – watch out for 10%-25%-or?%
- JERSEY –the JFSC warn about a November consultation on AML and other legislative changes
- Jersey – JFCU - Latest guidance and FAQ’s on Consent
- Violations of Iran and Syria Sanctions Programs results in OFAC fine for First Bank SA and JC Flowers & Co
- UK OFSI issue Afghanistan sanction guidance
- Jersey Government Afghanistan sanction guidance
- TSB Bank in New Zealand fined NZ$3.5m (£1.8m) for AML failings
- "BEST AML EGMONT CASES - Financial Analysis Cases 2014–2020."
- WHAT IS AN ANTI-MONEY LAUNDERING STRATEGY
- Jersey - Use of electronic signatures, some practicable thoughts
- Luxembourg AML systems are they good enough for FATF?
- GFSC to update rules on Wednesday 6 October.
- Basel AML Index 2021: Four things holding back the global fight against money laundering
- COMSURE AML risk assessment tool sparks fresh interest
- Malta starts to crack down on AML-deniers by fining a notary!!
- The FCA has written a Dear CEO letter to firms that carry out trade finance business.
- BBC to expose British American Tobacco bribes for Mugabe
- HMRC confirms probe into 153 people suspected of aiding tax evasion
- Tax facilitation in the UK and overseas (including Jersey and Guernsey)
- Jill Britton is the new JFSC Interim Director-General
- Swiss Bank Mirabaud & Cie allegedly embroiled in Brockman $2 billion tax evasion
- JFSC WEBINAR - Enhanced and Simplified Due Diligence Measures and Exemptions
- JFSC report says Comprehensive changes needed for EDD and SDD Measures and Exemptions
- Jersey to seize Drug smugglers crypto-currency
- Cheating your CPD training? KPMG $50M fine offers a salutary lesson
- Comsure AML training for lawyers and accountants ….
- Comsure works with (BIG AND SMALL) Estate Agents
- Comsure AML training for lawyers….
- OFAC designated an entire cryptocurrency exchange & announced new measures to address ransomware attacks
- The FCA intends on litigating more FINANCIAL CRIME offenders.
- EU Commission guidance on dual-use export control compliance
- FCA publishes new guidance on financial crime
- TRACKING THE ASSETS OF CONGO BRAZZAVILLE KLEPTOCRATS [PEPs]
- Thoughts about Economic Sanctions (e.g. UN/EU/UK/OFAC) Evasion
- PRE-XMAS AML/CFT training in Guernsey, Jersey and Mauritius
- FATF standards are OK – it about whether they are implemented properly
- JFSC Upcoming consultations, legislative updates and revised policies and guidance in 2021
- GFSC 2021 Financial Crime Risk Return Reminder
- MALTA - Pilatus Bank and official charged; inquiry recommends nine face action
- UK OFSI rejects discount and imposes £50k fine for Russia Sanctions breach [SEPTEMBER 1, 2021]
- Ask the SANCTIONS Expert: Q&A with the UK's OFSI Director Giles Thomson
- Jersey Royal court worried about crime and will, in the public interest, publish its judgment
- Territorial scope of financial sanctions and extra-territoriality in a post-Brexit world
- Jersey ~ First for Finance ‒ Celebrating 60 Years of Finance 1961-2021
- UK updates guidance on terrorism sanctions
- JFSC risk-based supervision is now a legal requirement
- ESAAMLG says Mauritius will remain as a FATF enhanced follow-up jurisdiction
- Crime does not pay - how POCA turns a £300 liability into a £65k liability
- Mauritian management company [TSCP] is subject to electronic fraud, and ICAC catch the perpetrator and charge them with money laundering
- JERSEY TRUSTS TO RETURN STOLEN (PROCEEDS OF CRIME) ARTEFACTS TO CAMBODIAN PEOPLE
- €150 billion tax scandal - CumEx Files 2.0
- Five years to prosecute NatWest and why no individuals prosecuted?
- Mauritius is back on the FATF's safelist, and now we are waiting on the EU decision
- Countries and territories in AML/CFT Handbook appendices updated –Industry update 22 October 2021
- EU RAMPS UP SANCTIONS ON UKRAINIAN LAW ENFORCEMENT OFFICIALS
- Cross Border Payments - Survey Results on Implementation of the FATF Standards
- Guernsey Director General's Speech [Charting a Path Beyond Zoom] to Chartered Governance Institute
- UNDERSTAND THE FORMULA of RISK = A + T + V = R
- JFSC Feedback from Transaction Monitoring Questionnaire [no visit thematic report]
- Jersey JFCU [FIU] minor changes to SAR template on POLSAR – in effect from Tuesday 6 July 2021
- The Jersey JFCU/FIU publish red flags for Corruption related cases from the EGGMONT FIUs’ Perspective
- JFSC release Feedback from Transaction Monitoring Questionnaire
- Cyprus - CBC fines BoC €277,000 over AML violations between 2008 and 2015
- MONEY LAUNDERING PROSECUTIONS IN JERSEY SINCE 2014
- Consultation on merging and changes the JFSC AML/CFT Handbooks
- Credit Suisse financial crime failure puts Anti-Bribery and Corruption Risk Assessments under FCA scrutiny
- AML/TF & CDD The Risk Factors Guidelines from the EU being updated [DRAFT]
- The BBC Reveal Crypto-queen’s £13.5m London Penthouse Link to Guernsey
- OneCoin German money laundering trial begins
- TAX EVASION LOST REVENUE OF £127bn
- Jersey connection to CRYPTOQUEEN [ONECOIN] goes cold while Guernsey warms up
- FATF Issues Revised Guidance for VASPs & STABLECOINS
- REMOTE OR HYBRID WORKING – REGULATORY EXPECTATIONS
- 'Tick box' AML Regime Isn't Working, Society Tells Treasury
- JFSC Financial sanctions practical guidance is updated – 5/11/2021
- Jersey financial sanctions – updates to GOV.JE reporting regime and JFSC guidance
- Email to the wrong person - Court strikes out speculative data breach claim
- Crownjustice funded GDPR claim filed against HMRC by Jenny because of FATCA.
- UK Regulator won't name laundering banks
- Over £5.5bn of Covid support funds lost to fraud or error [and money laundering]
- JFSC APPENDIX D2 Source 1/2 and the UK High-Risk country list
- Jersey sanction Afghanistan guidance (follows FATF/OFSI)
- After x6 years the JFSC withdraw directions from one of the Horizon Trustees (Jersey) Limited (liquidated) employees
- A mere “loss of control” of personal data does not mean you are owed compensation (£££££)
- It is not vicarious……a recap on the 2020 Morrisons Ruling
- JFSC guide investment services to vulnerable persons
- Former ‘lawyer of the year’ jailed for taking £29k from elderly woman
- The JFSC has joined NGFS, a network to help improve environment and climate risk management in the financial sector
- ADVANCE NOTICE OF CHANGES TO SUSPICIOUS ACTIVITY REPORTING TEMPLATES ON POLSAR PROPOSED EARLY Q1 2022:
- Fines for three Swiss subsidiaries of SBM Offshore for PEP bribes
- The U.K. government to outlaw the [Nov. 26] the Hamas, in its entirety, and list them as terrorists
- Swiss regulator puts two banks on the naughty step following money laundering failures connected to Venezuela
- A group of Families failed in 2019 to seek compensation from x10 banks for death or injury due to dealing with terrorists
- 2021 update on the 2003 WEISS v. NATIONAL WESTMINSTER BANK PLC it is now with the supreme court!!!!
- Jersey Sanction case study (from 2009 to 2013) – sanction risks lessons learned?
- FCA Imposes £642k Fine for Lapses in Financial Crime Control re cum-ex trading
- May 2021 - CA fines Sapien Capital Ltd for serious financial crime control failings in relation to cum/ex trading
- Economic crime is a scourge on the nation.
- Mexican world-cup football star Rafa Marquez is off the US watch list
- Guernsey and cannabis proceeds money laundering and the dual criminality test
- The JFSC said:- CDD & ELECTRONIC UTILITY BILLS
- JFSC said:- – CDD and ELECTRONIC CERTIFICATION
- JFSC said:- – CDD and VIDEO CERTIFICATION
- Biggest alleged frauds in the history of asset-based lending?
- Bribery & Corruption Risks to the UK - Independent Schools: Case Studies and Red Flags
- Chinese underground banking and NCA guidance
- Payroll and modern slavery and human trafficking – red flags
- Jersey’s civil financial penalties consultation response paper is published
- Professional enablers continue to offer foreign kleptocrats “a home-from-home” in London
- Dirty money laundering in the UK is harming more than its reputation
- 2022 JFSC Examination themed visit programmes to be announced in early 2022
- AML/CFT Handbooks consultation support – tracked change documents
- Jersey key person and senior management in scope for civil financial penalties – can they [you] trust the process?
- REGINA (THE FINANCIAL CONDUCT AUTHORITY) -v- NATIONAL WESTMINSTER
- A UK court has fined NatWest £265m.
- myJFSC users to download historical documents and draft applications before January 2022
- Government briefing on their strategic priorities and updated policy framework for Jersey's financial services sector
- The NatWest money laundering fine - some takeaways
- NatWest fined £264.8 million for anti-money laundering failures
- National Lottery scratch card fraud: Men jailed over £4m jackpot claim
- Advocate apologises for “distressing" letters to neighbours
- JFSC Industry update - 16 December 2021 - Virtual examinations continue for Q1 2022
- HSBC fined £64m for anti-money laundering failings
- Danish Court fines Dan-Bunkering over Syria sanctions violations
- NatWest Money Laundering Case = Nine Lessons
- "Comsure Mauritian AML in 2022" [virtual and online]
- EU wants to "Unshell' shell [letterbox/shelf] companies
- Data Security when you stop for a coffee [other drinks included!!] or travelling
- Mini Umbrella Companies ["MUC"] fraud - Thousands recruited to front UK firms in 'tax dodge.'
- The misuse of corporate vehicles – a Focus on Beneficial Ownership concealment - Red flags and case studies
- December 2021 and the x3 banks on the expensive naughty step [£374.5m fines]
- Mauritius corporate governance changes for management companies [October 2021]
- Airbnb Payments, Inc. fined $91,172.29 for CUBA OFAC violations
- UAE to be FATF grey listed?
- New Year - same old risk? - do not get complacent – AML training in Mauritius
- Jersey Changes to Limited Partnerships (Jersey) Law 1994
- JFSC Industry update22 December 2021 = 2021 supervisory risk data collection exercise - updated guidance
- JFSC Industry update - 05 January 2022 - Sanctions questionnaire to be issued this week (1)
- Mass protests and Nazarbayev flees Kazakhstan!!!
- The former CEO of Swedbank charged with fraud and market manipulation following money laundering investigations
- EU remove Iraq from ML blacklist
- Standard Bank Isle of Man Limited fined £247,324
- SICAV plc were fined €303,710 for AML FAILURE by the FIAU
- Unfreeze me now -”no consent” regime is unlawful
- JERSEY Global Human Rights SANTIONS - Latest news - 13 January 2022
- Jersey [JFSC] Update on terrorism and proliferation of weapons of mass destruction sanctions guidance
- JFSC codes of practice update
- Jersey Gov listen to consultation and adjust fining proposal
- Mauritius Removed from the EU Blacklist – 23 remain on the naughty step
- The UK and sanctions – read the annual report to learn more
- Dual U.S.-Iran citizen charged for procuring and supplying goods in violation of U.S. sanctions
- UK SANCTION HOW AND WHY THEY ARE USED - Case study 1: Myanmar APRIL 2021
- UK SANCTION HOW AND WHY THEY ARE USED - Case study 2: Belarus August 2021
- UK SANCTION HOW AND WHY THEY ARE USED - Case study 3: Global Anti-Corruption - April 2021
- Jersey New SAR Template go live date - 1 FEBRUARY 2022
- JFSC Thematic examination programme 2022
- Vistra Trust (Singapore) FINED $1.1 million FOR AML fails
- Mauritius FSC ANNUAL REPORT 2020/21 – some notes on MC visits and enforcement
- “REGULATORY RISK” is now the top concern for the board. So what can you do to mitigate this risk?
- Transparency International Corruption Perceptions 2021 Index (CPI) says - The world is at a standstill
- GFSC issue another fine - £196,000.00
- When personal conduct leads to a ban by the Regulator [FCA]
- Regulated people demonstrating a lack of honesty and integrity even if they are not at work may still be banned!!!
- Jersey Financial Intelligence Unit [JFIU] publish a Webinar
- Jersey JFSC Industry update 26 January 2022 - 8.5% increase in fees
- Jersey Financial Intelligence Unit (JFIU - JFCU) POLSAR UPDATE: going live on 1 February 2022
- Jersey to introduce Corporate criminal offences for failing to prevent money laundering and terrorist financing
- Jersey to introduce a bespoke Deferred Prosecution Agreement (DPA) regime.
- Can you show your regulator why you think your CO/MLCO and MLRO is competent
- The JERSEY court clarifies the role of the protector with the power to veto
- UK AML fine of £3.8m and license suspension for failures to comply with social responsibility provision and AML/CFT regulations.
- OCCRP shows how BP Turned a ‘Blind Eye’ to Corruption in Prize Azerbaijan Gas Project
- JERSEY new JFSC AML/CFT Handbook on the way [31ST MAY 2022] after consultation
- Guernsey - the GFSREA cloned the GFSC
- [CPI] CORRUPTION PERCEPTIONS INDEX WILDLY WRONG!!!!
- JERSEY - Amendments to the Electronic Communications (Jersey) Law 2000
- Economic substance: partnership guidance notes published
- The JFSC overhauls its higher risk country lists [the D2 lists]
- Customer risk assessment tested and reported by the JFSC
- Should the UK be added to the JFSC appendix D2? or your BRA/CRA? Or both?
- The Guernsey FIU guidance on; 1] Consent, 2] Expected responses and 3] Common misinterpretations
- Should the UK be added to the JFSC appendix D2? or your BRA/CRA? Or both? (1)
- Treasury Releases Study on Illicit Finance in the High-Value Art Market
- JFSC 2021 Supervisory Risk Data Collection exercise – update
- Latest complaint numbers and CIFO's Update
- Spreadsheet Risk Triggers £5 Million Fine for UK Metro Bank
- JFSC Questions and answers from the webinar on Enhanced and Simplified Due Diligence Measures and Exemptions
- Jersey Sanctions Reporting obligations for financial services, lawyers, accounts, estate agencies, etc.
- The JFSC changes its decision-making process for regulatory sanctions [10 February 2022]
- JERSEY CORPORATE CRIMINAL LIABILITY FOR FAILURE TO PREVENT MONEY LAUNDERING
- The second-highest amount of money is laundered each year in the UK, with an estimated £88bn worth of money cleaned by criminals annually
- A Jersey bank is hit by an "APP Fraud" during a London property transaction
- Mishcon told to clarify privilege claims in 'Potentially Tainted' fees
- Have you digested the UK [17.00hrs - 10 February] RUSSIAN SANCTION UPDATE?
- Feb 2022 Russian sanctions – what you need to know
- JERSEY GOV BLOG ON FINANCIAL CRIME MATTERS
- 6th UK OFSI Sanction fine after payments to the Russian National Commercial Bank
- JFSC AML / CFT cases completed by Enforcement 2017 to 2019
- Jersey – FSB/TCB administered customer entities may be drawn into AML rules and regulations….and will need an MLRO/MLCO, CMP, ETC……
- Jersey AML….CHANGES KEEP ON COMING
- Mauritius has come in from the EU cold – while Cayman is now in the EU deep freeze!!
- BORIS, IGOR AND GENNADY – the UKs first barrage of economic sanctions launched against Russia
- Comsure AML Public Training on 16th March
- Is Mr Aflak Ahmad the most wealthy man in the UK?
- The Biggest Company in the world you have never heard about……..[it may be a lie!!!]
- 16th March - Comsure AML Training - Book it now
- Unprecedented levels of sanctions imposed by the UK, EU and US all announced
- Sanctions against Russia – at a glance - List of people and organisations blacklisted by UK, US and EU
- UK Sanctions Statutory Instruments Review - Individual regime
- BEWARE "RUSSIAN DOLL" ENTITIES…..how deep do you dig when screening clients
- Sanctions against Russia – at a glance - List of people and organisations blacklisted by UK, US and EU (1)
- History repeats itself, and yet we do not learn from history.
- BetVictor fined £2m by Gambling Commission [February 24, 2022]
- Mr Putin - WHAT WE HAVE ALWAYS KNOWN BUT CHOSEN TO IGNORE....!!!!
- If Chelsea has a Russian problem – what about Everton?
- Mauritius AML/CFT Guidance Notes for Virtual Asset Service Providers & Issuers of Initial Token Offerings
- The Panama papers gave us some clues about Putin. However, nothing happened.
- The UK Register of Overseas Entities – the facts
- Sberbank and the "50 Percent Rule" risk - Feb 2022
- The United States of America & Africa set up shop @ UK companies house…..
- Oligarchs Planes Trains And Automobiles + Putin's yacht renamed 'FCKPTN'
- SANCTIONS MAP AS OF 1 MARCH 2022
- Complex structures – what triggers complexity – what is your definition?
- Oligarchs legally hiding from the sanctions
- Risk appetite – Critical to Success
- ICIJ “OUT” enablers and jurisdictions helping hide Russia’s oligarchs' wealth [Cyprus, Seychelles, UAE, Belize, BVI, etc.etc.]
- JFSC / CERT / NCSC warning about raised cyber threat following the invasion of Ukraine
- 3rd March, the JFSC has just issued a Russia, Ukraine and Belarus Data Collection request with a deadline 8th March
- Watch out TCSPs who envelop Superyachts and other luxury assets after the seizure of x3 Superyachts as Europe cracks down on oligarchs
- A Ukrainian sanctioned Russian billionaire sets up shop in the U.K. on the 3rd March 2022
- ARE YOU PAYING TOO MUCH FOR YOUR SANCTION, PEP AND ADVERSE MEDIA DATA?
- Russian sanctions and some practical steps for Guernsey and Jersey firms
- Updated UK Russia sanctions Guidance
- The UAE is greylisted
- UK Economic Crime Bill Tackling UBO Concerns Accelerated by Ukraine Crisis
- JERSEY - Amendments to the Electronic Communications (Jersey) Law 2000 (1)
- Know your Russian sanction red flags
- 50% Expanded Risk In Focus: is Alexei Aleksandrovich Mordashov hiding behind 50% rule?
- The FATF is working to prevent the misuse of the real estate sector - draft guidance
- Comsure’s Country Risk Register is updated for all Comsure iTrack clients
- UK lists Abramovich & 6 others & issues Chelsea Football Club General Licence [10 March 20222 @10:20am]
- UAE is the destination for Russian money?
- Jersey on the Russian government list of unfriendly countries and territories
- Bloomberg ruling confirms high bar for publishers seeking to identify criminal suspects before charge
- JFSC Thematic examination: AML business risk assessment and strategy SELF ASSESSMENT [DO NOT IGNORE]
- FCA Dear CEO letter highlight AML Common Control Failings
- Where has Liz Truss been for the last 10+ years
- DIRTY RUSSIAN MONEY? WILL WE SEE PROSECUTIONS UNDER THE 'SINGLE CRIMINALITY' TEST [Jersey perspective]
- Tipping off - an offence we all know about but do not see in the courts
- A visual status of Russian sanction
- French vs EU sanctions, what's the difference?
- JFSC Feedback paper and further consultation on the Investment Business Client Assets Order
- Jersey government statement - Customer relationships associated with Russia and Belarus
- APP Fraud: Court of Appeal overturns Barclays’ judgment
- Failing to report suspicions - a sad but cautionary story as a financial service professional losses their livelihood
- JFSC issue guide customers who present a higher risk of financial crime [due to Russia matter]
- 'Side pockets' for funds with exposure to sanctioned and suspended Russian assets
- Most significant GDPR Fines of 2022
- JFSC want a 16 May 2022 update on your UAE risk plans
- Comsure’s annual Financial Crime Conference returns June 2022
- UK Legal professional privilege: disclosures to the MLRO and consultations
- Russian Sanctions Redux: FinCEN Issues Guidance on Suspicious Transactions and Evasion Using High-Value Assets
- Jersey sets up a task force as it hits 1,000 asset-freeze designations
- Guernsey, FSC Director-general, says not all Russian money is illegitimate and not every Russian is nasty.
- EU Freeze and Seize' Task Force ready to seize the assets of oligarchs
- "Oligarchs be warned: we will use every tool to freeze and seize your criminal proceeds."
- Feedback concerning Anti-Money Laundering and Countering the Financing of Terrorism training.
- Isle of Man-based firm fined £150k by HMRC in UK tax investigation
- FBI Internet Crime data shows top x6 risks
- £260m-worth of Russian-linked assets frozen in Jersey so far
- Wolfsberg Group Guidance on Digital Customer Lifecycle Risk Management
- Russia Sanctions: Guidance 29 March 2022
- Jersey, ONCE A PEP, ALWAYS A PEP
- Action against money laundering freezes EUR 120 million worth of Lebanese assets, seizing bank accounts
- UK beneficial ownership of land - the draft bill for overseas entities owning UK land was approved on 8 March
- UK beneficial ownership of land – Jersey TCB disclosure example case study
- UK beneficial ownership of land - overseas entities owning UK land will affect all TCB businesses in JERSEY/GUERNSEY.
- Witnessing Powers of Attorney via electronic means in Jersey
- Mauritius www.lexpress.mu reports on a £3.35 million fraud that sounds like a Malware Fraud
- Jersey government approves new corporate money laundering offence - Draft Proceeds of Crime (Amendment No. 7) (Jersey) Law 202-
- Russia Sanctions and risk assessing partners, clients, and suppliers:
- Fixing Jerseys AML gaps - PROCEEDS OF CRIME (AMENDMENT No. 6) (JERSEY) LAW 202-
- Comsure its celebrating 17th Birthday Today!
- Comsure has been awarded Financial Services Expert of the Year in Jersey – 2022 by the GAE
- OFSI amends Licences for UK subsidiary of VTB [Russia ] to allow any payments connected to Insolvency Proceeding
- JERSEY Schedule 2 removal of "Level 2" and the unilateral application of “fit and proper" test to all sch2 businesses
- JFSC Video webinar update: Customer risk assessments (CRA) thematic examination
- 8th April update on OFAC Russian sanctions
- Goldman Sachs Former Investment Banker Convicted in Massive Bribery and Money Laundering Scheme
- "Unite HQ" raided as police investigate bribery, fraud and money laundering
- EU says don't help Russians in Russia and Russian trusts or similar legal arrangements
- Jersey Tax policy reflections on OECD Pillars 1 and 2 – comments requested
- Jersey Seizes $7 Billion Assets Over Abramovich Links
- Search warrants executed on Jersey buildings linked to Roman Abramovich
- Tipping off – London lawyer will stand trial
- Would you approve gifts worth £40++MILLIONS into your structure? And if so, how would you justify such generosity?
- Junior Lawyer of the Year [2026] struck off from the roll of the solicitors of the Jersey Court
- The Five STEPS to keeping CDD TIGHT
- AML Enforcement in the UK and by the FCA
- EU SANCTIONS MAY APPLY TO ALL TCSPs WORLDWIDE
- EU Guide on risks associated with FOREIGN DIRECT INVESTMENTS (FDI) in Russia and Belarus
- JFSC update for Jersey Accountants, estate agents, lawyers and other Schedule 2 businesses'
- Malta FIAU Guidance Note on the Money Laundering Reporting Officer
- JFSC Updated guidance [14 April 2022] on the countering of the financing of proliferation of weapons of mass destruction
- JFSC DATA COLLECTION exercise on WMD [the countering of the financing of proliferation of weapons of mass destruction] (to start 18 July 2022 - Industry will have two months to complete)
- A ZOOM truth we have all probably experienced - The Curse of the Zoom meeting strikes again
- Sanctions against Russia – where have we been and where are we today – a useful summary
- Jersey KEY PERSONs or SENIOR MANAGEMENT functions added to fining schedule that has a maximum £400,000.00 penalty
- Jersey amends Russian sanctions [amendment No5) in line with the UK
- Know your Russian billionaires – many with ties to Russia really, really don’t want to be called Russian.
- KNOW YOUR 3 TIER CONTROLLERS - U.K. issues Sanctions Russian against Oligarch Mikhail Fridman Executive Assistant Nigina Zairova
- TCSPs “Russian connection” - STEP Europe has produced some guidance for practitioners
- Signatures for Sale -How Nominee Services for Shell Companies Are Abused to Conceal Beneficial Owners
- MAURITIUS CONFERENCE TICKETS are now available [LIMITED SPACES ACT NOW]
- Jersey businesses collectively stop money laundering by a crime gang from Uzbekistan & Mongolia
- Dowling v Concentric Analytics Limited [2021] TRE 107; Tribunal decision on unfair dismissal
- Jersey National Risk Assessment [NRA] of Non-Profit Organisations [NPO] determines a medium to low risk,
- I thought about Admiral Grace Hopper yesterday when checking an error report
- The ban on the export of luxury goods to Russia and Practical Steps for Compliance
- Today is D-DAY [27 April] - Jersey continues its commitment to protecting the international financial system from misuse.
- Failure to prevent money laundering offence - Jersey is the first common law jurisdiction to introduce such an offence (1)
- Jersey Money laundering case in the Royal Court [27 April 2022]
- Manufacturer sues JPMorgan after ignoring $272m red flags of suspicious activity
- Jersey money laundering case convictions are based on an "irresistible inference."
- Meet the speaker - Mathew
- Meet the speaker - Bipin
- Consultation on JFSC definition of “senior management functions”
- Beware of the Increased use of the Money Laundering Offense by countries around the world
- 'Sharing my screen cost me £48,000' – The FCA warns of a 86% increase in screen sharing scams
- JFSC Joint consultation with Government of Jersey on facilitating the adoption of Digital ID Systems
- JERSEY'S NEW MONEY LAUNDERING OFFENCES – WATCH OUT, THEY ARE VERY STRICT ☹
- Mauritius FSC - Awareness session on its Settlement Framework
- "Irresistible inference" - Proving Proceeds are the Benefit from Criminal Conduct
- Jersey GOV/JFSC - consultation on the adoption of Digital ID Systems.
- Turkey to stay of FATF naughty GREY STEP until 2023 [earliest]
- Bonham-Carter has accounts frozen over suspected links to Russian oligarch
- Guernsey [GFSC] Sanctions Thematic Review - 2021
- Wolfsberg Guidance on “Negative News Screening” (NNS)
- Is the Economic Crime Act 2022 dead in the water or an effective tool to tackle stolen money?
- BVI Premier, Port Director Charged in South Florida Federal Court with Drug Trafficking and Money Laundering Crimes
- Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - Assad
- JFSC Warning = Alexandria Bancorp Limited (the impersonating entity)
- JFSC Industry update [16 May 2022] - 30 findings identified in 2021 supervisory risk examinations
- HMRC FINES X30 AGENTS FOR AML FAILS
- GFSC DEAR CEO & Enhanced Measures & GOOD and BAD practices
- Guernsey Consent Regime Guidance – Financial Intelligence Unit, January 2022.
- FINANCIAL SECRECY INDEX 2022:- Guernsey is 10th, UK 13TH, Jersey 19TH Mauritius 55TH and IOM 61ST
- Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - David Shepherd
- Comsure is on the shortlist for the Financial Services Expert of the Year in Jersey – 2022 :)
- Another Jersey stand-alone money laundering case with an irresistible inference [May 2022]
- Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - Mohamed Khan
- Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - Muhammad Uteem
- Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - Kevin Teeroovengadum
- Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - Gavish Seetohul
- Meet the speaker Comsure's Financial Crime Conference (1st & 2nd June 2022) - Ajam Joomun
- Press Release
- Jersey [JOIC] 2021 Data protection annual report
- Professional money launderers jailed in Jersey
- The Mauritius AML Conference is Next Week – last few discounted tickets available – ACT NOW
- 1999 OECD BLACKLISTING TO FATF BLACK/GREYLISTING IN 2022
- The UK to reform SAR reporting because what they have is not good enough (albeit probably one of the best in the world!!)
- COVID-19 VACCINE bribery, corrupt fraud and embezzlement and diversion in BANGLADESH, UGANDA, AND ZAMBIA
- TRANSPARENCY AND CORRUPTION IN COVID-19 VACCINE DEPLOYMENT: EVIDENCE FROM BANGLADESH, UGANDA, AND ZAMBIA
- 5 days to go - the Mauritius AML Conference is nearly with us – if you have not signed up, why not request one of the last discounted tickets are available – ACT NOW -
- Six soldiers and a veteran have been arrested on suspicion of drug, money-lending and money-laundering offences, the Ministry of Defence has said.
- Paris: Ex-leader of Louvre charged with money laundering
- 4 days to go - the Mauritius AML Conference is nearly with us – if you have not signed up, why not request one of the last discounted tickets are available – ACT NOW -
- 3 days to go - the Mauritius AML Conference is nearly with us – if you have not signed up, why not request one of the last discounted tickets are available – ACT NOW -
- Jersey publish National Risk Overview of the Virtual Assets
- A newly amended law in the Seychelles will enable our partners at the Anti-Corruption Commission of Seychelles (ACCS) to more effectively prosecute corruption and associated money laundering cases, as well as to seize and confiscate proceeds of crime.
- The Mauritius AML Conference will be with us TOMORROW – if you have not signed up, why not request one of the last discounted tickets are available – ACT NOW -
- A take on the results of FATF’s cross-border payments survey
- Must trustees and their advisors give information to beneficiaries if it is requested under data protection rules?
- Kleptocrats, philanthropy, reputational white washing and money laundering
- Egyptian antiquities and money laundering
- Jersey’s historical link to the Piratization of Russia - Financial Management Company (FIMACO)[1993-1997]
- PEPs, SOEs, and HIOs require an RBA & CDD/EDD in the CIP and OM programme [there are other acronyms!!]
- OFAC fine (Puerto Rico/BVI) bank for Venezuela Sanctions Regulations
- Jersey superyacht and luxury villa builder under the US [$] kleptocrat scrutiny
- Jersey sanctions [SAFL] changed - check now
- JERSEY connected to the U.S.seizure of two Abramovich aircraft worth over $400 million
- Is DUBAI still the playground for the crocked and dodgy? Maybe not; ask the Gupta brothers & Sanjay Shah
- More friends of Putin sanctioned
- Credit Suisse on FCA naughty step and in for stricter supervision
- Compliance officer warning about organised crime linked Russian oligarch with Seychelles, Jersey and Cayman companies!!
- TAGGING & TRACKING THE OLIGARCHS
- Circular ownership structures are a problem
- EU Guidelines for the AML/CFT compliance officer
- Comsure been announced as Financial Services Expert of the Year in Jersey – 2022
- SARS in action - 15 crime themes from the UKFIU
- JERSEY National Risk Assessment [NRA] of Virtual Asset Service Providers
- Jersey Financial Intelligence Unit (FIU)’s Post
- Scathing report highlights multiple failings that led to laundering of billions of dollars in B.C.
- Jersey - "failure to prevent money laundering" offence, in effect from Friday 24 June 2022.
- Treating borrowers fairly - FCA Dear CEO letter to Retail Lenders:
- Malta is off the FATF grey list - Gibraltar added and greyed out!!
- Jersey Sanctions Updated JFSC Guidance
- From 15 June, the UK sanctions regime will be moving to a strict liability test
- Jersey employment, gross misconduct and SARs [April 2022 case study]
- Global Law Experts’ Post
- Comsure CLBS Financial Crime Conference 2022
- PEP [FATF] RED FLAGS DETECTING MISUSE OF YOUR PRODUCTS AND/OR SERVICES
- Who is an HIO?
- Mathew Beale of The Comsure Group wins GAE Award for Financial Services in Jersey
- FCA fines Ghana International Bank Plc £5.8m for failings in AML controls
- FCA ISSUE $9.7 million for alleged financial crimes, including bribery.
- From bankers to estate agents, Senior management accountability [and JFSC fining for failure] is coming to Jersey
- JFSC amend country risk list [D2] after FATF GREY LIST changes - Gibraltar added and Malta removed
- UAE reminded about obligations concerning Russians and sanctions
- Proceeds of Crime Jersey 1999 and JFSC AMLhandbook updates
- Firm fined after wrongly saying it had proper AML risk assessment
- A look back to the June 2002 Comsure-CLBS Financial Crime Conference*
- JFSC AML/CFT Handbook updates following changes to the Proceeds of Crime Law [AMEND 5&7]
- PROCEEDS OF CRIME (AMENDMENT No. 6) (JERSEY) LAW 2022 will recast Schedule 2 of the POCL
- JERSEY headquartered subsidiary pleads guilty to $28m (£22.8m) bribery charges
- JERSEY JFSC FCEU VISITS - 146 findings identified in the 2021 financial crime examinations
- JERSEY headquartered subsidiary pleads guilty to $28m (£22.8m) bribery charges (1)
- Glencore Jersey's UK subsidiary company pleads guilty to bribery offences
- The FBI today announced the addition of Ruja Ignatova to its Ten Most Wanted Fugitives list
- JFSC to REVISE its OUTSOURCING POLICY – this IMPACTS all SUPERVISED PERSONS [estate agents, accounts, lawyers etc.]
- The JFSC FINE IQ EQ Jersey £803K [REDUCED FROM £1.6M] for regulatory breaches - 01 July 2022
- Details on IQEQ Jersey £803K [REDUCED FROM £1.6M] fine and negligent breaches
- English courts ENABLING RUSSIANS to launder hundreds of millions of pounds in dirty money.
- Terrorism:- a decision tree to determine conduct (inside or outside the UK) is terrorism; for the UK MLTF regime.
- UK SAR decision tree
- Jersey NEGLIGENT businesses fined £2 million, but NO Directors are held accountable? Should senior managers be worried?
- Overview of General Insurance Mediation Business and AML
- £398,300.00 GFSC AML fines on TCSB and its directors/CO/MLROS [20 December 2021]
- Guernsey Mind and Management Requirements for the Fiduciary and Investment Sectors - 10 June 2022.
- SINGAPORE: a director of two shell companies is arrested for money laundering.
- UK high-risk third countries.- 4 JULY 2022
- ELECTRONIC MONEY INSTITUTIONS (EMIS) - ANALYSING MONEY LAUNDERING RISK IN E-PAYMENTS
- HMRC failure to prevent the facilitation of tax evasion (CCO) investigations
- JFSC consultation and proposed revision to current Outsourcing Policy (OSP) and Guidance Notes.
- JFSC off -the fence about OUTSOURCING and using the CLOUD – they say you MUST notify if using the cloud
- Taxing Crime: A Whole-of-Government Approach to Fighting Corruption, Money Laundering, and Tax Crimes [a report]
- UAE-based UK-registered entity fined for sanction breaches
- Deutsche Bank in court because of its business with Epstein, terrorist organizations, Mexican drug cartels etc.
- JFSC recommend AML sources to help combat financial crime
- Fraud charge authorised against Bernard Charles Ecclestone
- JFSC Myth-busting common misconceptions in digital compliance
- UK SANCTION “RED ALERT” on financial sanctions evasion typologies by Russian elites and enablers
- Guernsey - Artemis Trustees Limited fined £450k Fiduciary & Financial Crime Fails
- JFSC D2 SOURCE 13 UPDATED - Global Terrorism Index 2022 report published
- European Union Terrorism Situation and Trend report 2022 [13 JUL 2022]
- JFSC Proliferation financing risk assessment delayed until further notice
- Differences And Similarities between Terrorist Financing, Money Laundering, and WMD
- UK extra-territorial sanction[s] law reminds us of all to avoid being an enabler of sanction breaches
- Jersey lawyers who broke code can remain anonymous, court rules
- UK Register of Overseas Entities: expect the Act to come into force very soon so plan-ahead.
- Jersey financial crime investigator opened 24 new financial crime cases in 2021
- Jersey prepares for the 2023 MONEYVAL assessment – see the event slides
- Barclay's at the centre of cash-based laundering case
- Jersey financial service entity held a fake Prince’s stolen funds 👀
- Deutsche Bank was fined $7.1 Million for missing 701 suspicions!!!
- W.M.D. [proliferation] Sanctions breach and enforcement action
- FCA AML June 2022 fines = £13.6 million. Are your Financial Crime Systems and Controls in order?
- Jersey Attorney General repatriates $529,000 to the victims of Fake Prince frauds
- Mauritius changes to FIAMLA / Bank of Mauritius Act
- SANCTIONS AND ASSET-FREEZING (IMPLEMENTATION OF EXTERNAL SANCTIONS) (EXCEPTIONS AND LICENCES – AMENDMENT) (JERSEY) ORDER 2022
- Jersey’s new Sanction Minister - Ozouf replaces Gorst
- FATF updated guidance for a risk-based approach for the real estate sector
- The UK Establishes New Unit to Combat Kleptocrats & Money Laundering
- ML SUSPICIOUS ACTIVITY REPORTS - what's on your mind?
- Guernsey SAR “Consent” Guidance
- JERSEY & Countering the Proliferation of weapons of mass destruction (WMD) and Proliferation Financing (CPF)
- 1st September 2022 – NEW/UPDATED UK AML REGS
- Could Jersey rent scams be stopped [or at least reduced] by the JFSC?
- Fraudulent Business - Dundee Wealth Management AG (JFSC warn of an impersonating entity) [29 July 2022]
- Learning from Eight Advanced Countries' National Assessments of Money Laundering Risks: [NRAs]
- UK property index goes live today [including 6-month transitional period]
- AML training Testimonial from Compliance officer Jersey LIFE & PENSIONS company
- A good question about Jersey's Public Sector – the issue goes to the heart of the island's integrity
- BRITISH ART MARKET FEDERATION GUIDANCE ON AML For UK Art Market Participants [JUNE 2022 AMEND]
- The JFSC picks 24 firms for SANCTIONS thematic examination
- An extraordinary & unprecedented case as the High Court finds a solicitor guilty of criminal contempt of court for destroying documents in response to a Search Order
- AML Risk in the TCSP sector
- JFSC fines Lloyds £498,000.00 [inc.50% discount] for AML failures
- Investment manager behind £100 million jailed for 14 years for money laundering and fraud
- A Judicial review on disclosing STR/SARs sent to the FIU
- 2022 APG YEARLY TYPOLOGIES REPORT:- includes illegal, unreported and unregulated fishing (IUU).
- EU Draft Guidelines on the use of remote customer onboarding [ID&V] solutions
- FCA issued a £12.5m fine to Citigroup Global Markets
- JFSC SHIPS AND OTHER VESSELS RISK GUIDANCE 22/4/21/22
- Abacha - After Jersey's $311.7m repatriation of stolen funds, $23m follow from the UK
- Strengthening AML/CFT Practices for External Asset Managers
- Comsure Jersey event 5th October 2022 "Assessing Governance Effectiveness and Culture."
- Israel sanctions 20 people and companies accused of HAMAS money laundering
- Samantha J Sheen joins JFSC as Interim Executive Director of Supervision
- What does a regulator want from compliance - Every senior business leader should spare 10 minutes to read this speech
- Jersey FIU changes contact details
- Russia Sanctions – snap-shot of the Key UK Legislative Developments
- JERSEY BENEFIT FRAUDSTERS ARE MONEY LAUNDERERS – HOW LONG BEFORE LOCAL SERVICE PROVIDERS ARE CHECKED?
- Benefit fraud in jersey in 2020 (FOI)
- Thank you, ma'am, for everything. God save the King.
- JFSC Feedback and further consultation on Arranging in Investment Business
- Guernsey Commission issue financial penalty of £35,000 on Gary William Jason Durkin.
- New UK register of overseas owners of UK properties' is riddled with flaws'
- There is good news for Emma. She has won her compensation.
- Mauritius Director of Public Prosecutions v AA Bholah [2011] and the irresistible inference test
- Is there an enhanced AML risk with wealthy Jersey immigrants spending between £2.5 and £8.0 rather than over £10m!!!!
- Warning – The JFSC proposals for AML “exempt” businesses may result in lots of hard work for TCSBs/FSBs
- Comsure is in Mauritius between 14th-24th November 2022 – book Comsure for your annual refresher or dedicated compliance training in the comfort of your own offices.
- GFSC issued another regulatory fine
- Automatic implementation of UK Sanctions on Russia
- Jersey National Strategy for AML,CFT,CPF – latest updates - Sept 2022
- JERSEYGOV publishes RED LINES to businesses and takes control of the JFSC Sound Business Practice Policy
- FATF webinar on beneficial ownership transparency of legal persons.
- US regulators fine 16 firms $1.8 billion over staff communications on unofficial channels
- Jersey’s AML budget is £1.8m [PA] and will employee 29 additional AML employees
- Recent Jersey Money Laundering Prosecutions highlighted in 2022 JERSEYGOV risk documents
- LAW firms under aml pressure - REGULATORY FINES TRIPPLE in five years, from £87,000 in 2017/18 to £299,925 2021.
- SRA fines on lawyers multiply after an AML compliance crackdown
- WINE SUPPLIER PAYS PRICE FOR IGNORING SANCTIONS
- Will, the current cost of living crisis flush out some skinny dippers?
- Jersey connected Russian Oligarch Oleg Deripaska and Associates Indicted for Sanctions Evasion and Obstruction of Justice
- £3,396,124.05 in JERSEY benefit fraud – is it time to look more closely at MONEY LAUNDERING risk in Jersey?
- Ex Nigerian general with dodgy name cannot recover £2m from Jersey
- Jersey to return £1.9 million of tainted funds to Nigeria
- EU list of non-cooperative jurisdictions for tax purposes [OCTOBER 2022 UPDATE]
- Mauritius FSC AML HANDBOOK Updated on 21 September 2022
- A 2017 guide to financial services regulation in Guernsey
- GFSC Risk Based Supervision in Guernsey
- Jersey cash business [€15,000 >] are you AML registered with the JFSC? IF NOT, BEWARE!!!
- JFSC survey for everyone – have your say
- Explanatory video on our anti-money laundering exemptions consultation
- £500,000 IN FINES SHOWS HMRC CRACKING DOWN ON UNLAWFUL ESTATE AGENTS
- Enabler who hid assets of a sanctioned Russian oligarch faces up to 60 years in prison
- Big changes to the JFSC AML/CFT Handbook being proposed for early 2023
- After 13 years, the JFSC withdraw "Regulatory Directions" on an ex-regulated person
- UK NCA announces details about the arrest of a businessman on suspicion of fraud and sanctions evasions.
- A CEO is being prosecuted for lying [fraudulent, misleading statements] about their bank AML framework
- Withdrawing a 13-year regulatory [JFSC] ban is a huge decision.
- United Kingdom: Government targets money laundering with a new economic crime bill - Global Compliance News
- SAUDI ARABIA FREEDOM ON THE NET 2021 = 24/100
- Criminality in Saudi Arabia - The Organized Crime Index
- The Government of Jersey launches Financial Crime Risk Assessment.
- The Government of Jersey is undertaking an NRA [risk assessment] of legal persons and arrangements.
- Report says Lawyers face near impunity for breaching money laundering rules in UK
- UK companies are the common denominator to the high-profile financial crime schemes
- LaFarge SA is guilty of supporting foreign terrorist organizations
- Five Russian Nationals and Two Oil Traders Charged in Global Sanctions Evasion and Money Laundering Scheme
- Mauritius – whatever happened to the money laundering investigation into CBC and its CEO
- FINTEC/REGTECH wins AML case against Dutch regulator for being "antiquated and ineffective"
- UK ban on providing professional and business services to persons "connected with Russia" [ A Reminder July 2022]
- The JFSC remind Industry about EMPLOYEE verification responsibilities
- FINTEC/REGTECH wins AML case against Dutch regulator for being "antiquated and ineffective" (1)
- Mauritius – whatever happened to the money laundering investigation into CBC and its CEO (1)
- Failure to report STR was due to CEO’S Negligence
- Credit Suisse to pay €238 million fine in France to settle fraud probe and wait on other investigations to crystallise
- FATF Call for Action (aka "blacklist") and EDD
- Millions in UN Funding Flow to War Profiteers and Human Rights Abusers in Syria, Study Shows
- “Adolf Tooth Fairy Hitler” and 800 ‘zombie-Dead directors’ on official records listed at Companies House
- Data breach – one rule for one, one rule for another! What would happen at your organisation?
- The UK's Financial Conduct Authority has fined mortgage lender millions for money laundering failures
- AML Feedback Jersey based Global Trust and Fund company
- JFSC publish new guidance notes and Codes of Practice consultation for the AML/CFT Handbook
- Jersey’s AML Handbook to be updated and is out for consultation now [closes 13 January – live July 2023]
- Comsure final 2022 AML workshop - last call for all revellers :-)
- Regulator could lose immunity from civil damages lawsuits
- A Jersey-based PLC's UK subsidiary is the first company to be prosecuted by the SFO for paying bribes
- A Jersey-based PLC's UK subsidiary is the first company to be prosecuted by the SFO for paying bribes (1)
- Essex Boys oil traders fail in a court challenge
- JFSC publish an AML Business Risk Assessment guide [but you have to find it]
- The FCA needs sharper teeth says NICK SMITH Labour MP for Blaenau Gwent
- Moneyval has landed in Jersey
- Christopher Byrne banned by the JFSC, 4 years after being sentenced to 7 years imprisonment for financial misconduct
- Complex offshore corporate structures or trusts are not immediately dodgy
- NCSC's cyber security FREE training for staff is now available
- The Serious Fraud Office -v- Glencore Energy UK Ltd Sentencing Remarks of Mr Justice Fraser [3 November 2022]
- Has your washing machine turned into a banned dual-use good?
- Fantastic feedback following AML support staff training
- SFO go again. Next up [after Glencore] are the Balli Steel executives and a $150 million fraud
- DPAs in Jersey
- Former Tesla Motors Australia director pleads guilty to insider trading
- A UK report on Fighting Fraud: Breaking the Chain.
- We need an international corruption court
- The European Court of Justice Strikes Down Public Access to Beneficial Ownership Information: First Thoughts
- Ukraine war: European Parliament votes to declare Russia a 'state sponsor of terrorism'
- Elon Musk's 6 business principles
- Law firms under “active investigation” for flouting sanctions regime
- For when truth becomes subjective, nothing can be falsified.
- JFSC – JERSEYGOV 19 Oct Event on Combatting Financial Crime: CDD & Enhanced Due Diligence thoughts
- The EU want to Tackle tax evasion Enablers [SAFE]
- Washing machines, refrigerators and electric breast pumps fuelling Russian war machine
- G in ESG: FCA to examine firms' governance to improve culture
- CULTURE – FCA SPEECH - From Zeroes to Heroes: How culture in financial services can change for everyone’s benefit
- FATF guidance on Money Laundering from Fentanyl and Synthetic Opioids
- Doesn't anyone do due diligence anymore?
- Ex FATF CHIEF SAYS - Stop ticking boxes AND take action on money laundering
- FREE OFSI Financial Sanctions Search & Screening TOOL
- FCA fines Julius Baer International Limited £18m and publishes decision notices for x3 individuals
- Money laundering in football? At Juventus? Watch this space……
- JFSC Feedback on Digital ID System adoption Consultation [30 November 2022]
- Banks failing to comply with FINACIAL CRIME LAWS inc Sanctions lists
- SOLICITOR JAILED FOR 12 YEARS FOR CASTLE FRAUD AFTER PRIVATE PROSECUTION [2 DECEMBER 2022]
- Tycoon ‘linked to laundromat money laundering operation’ in secrecy battle
- MALTA’s FIAU fines HSBC €82,000 for AML breaches re transaction monitoring
- JERSEY DISMISS APPEAL FOR A REDUCTION IN MONEY LAUNDERING SENTENCE
- Jersey's judgement highlights the direct relationship between a laundering offence and the original antecedent [predicate] offence.
- GALAXKEY'S EKYC SOLUTION, POWERED BY YOTI
- 2022 Tax Justice Network beneficial ownership registration report
- UK Russian Sanctions Extended to include Trust Services dealing with persons connected with Russia
- JERSEY’S Automatic implementation of UK Sanctions on Russia
- JERSEY; DSP, AMLSP, PESP ….it all smells like MoMe spirt!!!!
- Jersey Directors & NEDs [less than x6], you are ALL now caught in the AML/CFT NET
- Have a lovely Christmas, and start the New Year.
- 21st of December 2022 - The JFSC has issued an enforcement public statement about Lutea Holdings Limited and Lutea Trustees Limited
- HM Treasury - Annual report for 2020 to 2022 on AML/CFT supervision.
- Jersey [JFSC] outsourcing policy and guidance notes – update on consultation (1)
- JFSC amends its 2022/2023 AML/CFT/CPF Handbook
- JFSC adds EXPLANATORY GRAPHICS - NO5 [SAR] to 2022-2023 AML/CFT/CPF Handbook
- JFSC adds EXPLANATORY GRAPHICS - NO4 [RELIANCE] to 2022-2023 AML/CFT/CPF Handbook
- JFSC adds EXPLANATORY GRAPHICS - NO3 [3 tier test] to 2022-2023 AML/CFT/CPF Handbook
- JFSC adds EXPLANATORY GRAPHICS [RELIANCE] to draft [under consultation] 2023 AML/CFT/CPF Handbook
- JFSC adds EXPLANATORY GRAPHICS - NO1+2 [BRA] to 2022-2023 AML/CFT/CPF Handbook
- Happy New Year !!!
- JFSC TCB Fees 15.4% increase explained [To note:- the 20% FINE discount is still to be added]
- GFSC issue x2 fines totaling £236,810.00 [@30th December 2022]
- GFSC Thematic Review of ML and TF Business Risk Assessments [15th December 2022]
- GFSC Thematic Review of AML BRAs – SUMMARY OF AREAS OF IMPROVEMENT
- 22 December 2022 - JFSC thematic financial crime risk assessments and AML/CFT strategies report published
- GFSC Thematic Review of AML BRAs – check sheet to consider sufficiency and suitability
- JFSC 2022 AML/CFT/CPF Supervisory Risk Data Collection Exercise to begin in February
- Guernsey SARS now includes the Proliferation of weapons of mass destruction.
- Supermarket ending most motorsport sponsorship amid money laundering investigation
- Guernsey Thematic Reviews – update list [up to 15 Dec 2022]
- Barbershop owner jailed for using Covid grants to fund terrorists
- UK government bans trust services for designated Russian persons [STEP UPDATE - Thursday, 05 January 2023]
- Luxembourg financial regulator orders foreign branches to report AML setup every year
- Swiss investigate a Russian oligarch who helped finance Tom Cruise's film Top Gun
- MADOFF: The Monster of Wall Street NETFLIX docuseries [Release year: 2023]
- UK threshold [£250.00] variations when seeking a defence( DAML) against money laundering
- X5 Nigeria National Inherent Risk Assessments (NIRA) published on Money Laundering, Terrorist Financing, Proliferation Financing
- The JFSC update its website to help with the “Prescribed NPO” Order & Codes
- Useful risk guidance [for all] in the JFSC NPO AML guidance handbook [section 17]
- JFSC Business Plan 2023 presentation is on Feb 08th
- FCA fines Guaranty Trust Bank (UK) Limited £7.6 million
- FCA Dear CEO letter to Wholesale Brokers & Money Laundering Control issues
- Dubai regulator upholds $135.6 million fine on Abraaj founder and former CEO [Jan 3, 2023]
- Privy Council case of Equity Trust v Halabi – CPD opportunity from HNW Advisor
- JFSC Notice on designating "senior management functions."
- GFSC issued a financial fine [£280k] against GFG Limited (in voluntary liquidation)
- JFSC Notice on designating "senior management functions." (1)
- Good Companies Commit Crimes, But Great Leaders Can Prevent Them [READ THE BOOK]
- Crypto Lender Nexo Sues Cayman Island's Regulator for Denied VASP Registration while under investigation in Bulgaria
- COMSURE TRAINING - CLIENT ONBOARDING & BUILDING A DOCUMENTED RISK-BASED CDD PROCESS
- Understanding the difference between auditing and monitoring
- Bitzlato's co-founder is arrested and charged for processing $700m in financial crimes
- JFSC have questions about money flows
- Jersey JFSC regulated firms," Are you assessing your governance arrangements and effectiveness"?
- HMRC names AML Tax (UK) Limited & three schemes linked to Mone’s husband as tax avoidance
- Isle of Man [IOM] firms on HMRC list tax avoidance schemes, promoters, enablers and suppliers
- JERSEY FIU UPDATE RE POLSAR
- Comsure training – An introduction to Virtual Assets[VA], VA Service Providers [VASPs] and regulatory standards
- SRA AML gloves are off as it fines small law firm £20,000 for AML conveyancing work breaches
- ORGANISED CRIME INVOLVED IN DOG BREEDING FOR MONEY LAUDERING
- Oleg Deripaska gets more people in trouble as the US arrests and charges an Ex-FBI agent and Diplomat
- EY fired partner for not approving illegal transactions after crystallising "PROFESSIONAL SKEPTICISM,"
- UNODC Global Report on Trafficking In Persons
- The new failure to prevent money laundering offence in Jersey – have you thought about it?
- The JFSC publish its Thematic examination programme 2023
- FREE CPD TRAINING [21 FEB 2023] - ASSESSING GOVERNANCE ARRANGEMENTS
- UK New offence of failure to prevent fraud on the horizon
- Repeat AML offender fined £6.1m [earlier fines were £2.2 and £3.4]
- SuperSARs and information sharing in the regulated sector
- Jersey Financial Crime Typologies published for 2023.
- Virtual Assets [VA] Red Flags of Financial Crimes and Terrorist Financing
- Jersey Financial Crime Typologies published for 2023
- The 2022 Corruption Perceptions Index (CPI) is out
- 16th edition of the Global Peace Index (GPI)
- X9 new AML codes across five sections of the JFSC handbook
- Mauritius Supreme Court ordered Franklin's bank accounts to be frozen
- X5 UK individuals face INSIDER DEALING and MONEY LAUNDERING charges
- The JFSC instructions are in for the 2022 Supervisory Risk Data Collection Exercise – THE DEADLINE IS 30TH APRIL .
- Jersey’s External Relations Minister resigns from responsibility for the island’s financial services
- Guernsey GFSC go again…..two individual fines totalling £166,000.00.
- Where did the PEP spy chief get £16 million to buy John Terry's house?
- Guernsey PCC linked to PEP [SOE] son’s £17m UK property – time to check SOF/SOW?
- The JFSC appoint a new Executive Director of Supervision
- JFSC NEW AML/CFT/CPF HANDBOOK SECTION [Section 18] for AMLSPs and their customers
- JERSEY VA/VASPs registration update [you need to resubmit if already registered]
- JFSC update on 30 January 2023 forgets proliferation financing
- 50,000 UK properties still have unknown owners
- The Mauritius FSC go REG TECH and becomes a digital regulator
- UK - THE FIRST PROSECUTION FOR ALLEGED COMMERCIAL ORGAN DONATION HIGHLIGHTS THE UGLY SIDE OF FINANCIAL CRIME [ML]
- Jersey legislation for Limited Liability Company (LLC) in force on 14 February 2023,
- Amendment to Schedule 2 Business Activities from 30 January 2023 – the laws, rules and guides
- The JFSC 2023 Business Plan launch and presentation
- Comsure’s iTrack Client Risk Assessment (CRA) – used by TCBs, investment businesses, estate agents, accountants and others
- ONE-OFF TRANSACTION CHINA RISK AND Stringent local capital offshoring controls
- FATF statements on CULTURE & Challenges for TCSPs risk-based approach [RBA]
- HKMA GUIDANCE PAPER on Transaction Monitoring, Screening and STR [Revised Feb 2023]
- Embedded CULTURE is a FATF requirement…how do you stand up to scrutiny? Find out at a free Feb CPD event.
- DRAFT PROBATE (AMENDMENT) (JERSEY) LAW 202- to move a £30k moveable estate test
- JERSEY Amendment to Schedule 2 Business Activities - Schedule 2 – JFSC guidance
- X2 Jersey Money Launderers sentenced to a combined 8 years.
- JFSC deadline extended for 2022 data collection exercise for BANKS / MONEY SERVICE BUSINESSES
- The facilitation of tax evasion; are your prevention procedures still reasonable?
- UK pays EU £1.7bn to settle long-running import fraud case
- Jersey Sanctions Amendment No. 3 Legislation Lodged for States Debate on 21 March 2023.
- JERSEY 28 FEBRUARY 2023 = REVISED OUTSOURCING CONSULATION CLOSES:
- BVI, Costa Rica, Marshall Islands & Russia added to EU list of non-cooperative jurisdictions for tax purposes
- IOM FSA to pay costs after a tribunal found it had acted unreasonably by exceeding its powers.
- UK LAWYERS Your AML questions answered
- A Russian dream is to steal a toilet and die!!! [Sanitary ware added to EU sanctions]
- Jersey & the BVI lead the pack in owning large parts of Britain’s property market
- The Jersey FIU has appointed a New director
- £107m [x7] key failings @ Santander UK Plc [Dec 2022]
- The JFSC guidance on schedule 2 activities and the test of "WHEN CONDUCTED AS A BUSINESS."
- JFSC Notice: 30th January 2023 - Appointment of an AML services provider to fulfil obligations of relevant person
- Jersey Class G directors are on notice for a March visit….are you [the Class G] ready?
- The founder of the Wagner mercenary group passed UK LAWERS KYC checks with his mother’s utility bill.
- Understanding the 2022 Jersey National Strategy for Combatting Financial Crime
- Jersey update on Digital ID, Obliged Entities and Exemptions [16 November 2022]
- JFSC update on Enhanced Due Diligence techniques [Oct 22
- A briefing on Jersey financial crime Typologies publications [@31 Jan 2023]
- A briefing on Jersey Legislative changes to anti-money laundering enforcement [@31 Jan 2023]
- Jersey FIU MONEYVAL Preparations and Update
- The FATF Grey list is updated, Russia suspended & the JFSC updated their D2 list
- Elephants Don't Forget: FCA Enforcement Puts' Inadequacy of Staff Training' Under the Microscope
- Jersey CDD exceptions fall away after FATF issues grey list rating
- Jersey warned about ‘proliferation financing’ & funding the development of weapons of mass destruction.
- Three city workers sentenced in an $8.45m hedge and wealth fund fraud [20 February 2023]
- Jersey-registered Glencore is now guilty of bribery in the US, and fines increase to $883 million
- I AM A JERSEY DIRECTOR. AM I REQUIRED TO BE REGISTERED AND REGULATED? See the JFSC FAQ page
- Jersey Financial Intelligence Unit (FIU) Q4) statistical report of 2022
- A Gibraltar businessman and his son face money laundering charges after concealing £22 million in undeclared tobacco sales
- After x27 years, 'BRIBE MONEY' placed in Jersey trust & bank to be returned to Mozambique
- 'BRIBE MONEY' placed in Jersey trust to be returned to Mozambique
- Jersey update on Proliferation Financing Q&A – Darya Dolzikova, Research Fellow with RUSI
- Ex-Goldman banker sentenced to 10 years prison following the $4.5 billion 1MDB corruption scandal.
- X4 bankers on trial for not doing their CDD properly….!!!
- The FATF has published guidance on beneficial ownership of legal persons.
- JERSEY DEFERRED PROSECUTION AGREEMENTS LAW IS IN FORCE [03/03/2023]
- Jersey FIU update on terrorist financing [23/3/2023]
- £10m fraudulent Bounce Back Loans (BBLs) laundered through shell companies
- SIGNATURE BANK investigated for money laundering failures……?
- FATF Countering Ransomware Financing [14 March 2023]
- Jersey Company Directors take note the Attorney General has issued guidance.
- WOLFSBERG Publication of the Negative News Screening FAQs May 11, 2022
- COINBASE issues a crypto assets tax warning about HMRC declarations
- Three Islanders in court after alleged £3.7m fraud
- On 15 March 2023, the JFSC issued a confusing update to its appendix D2
- Who enabled the Uzbek Princess's £200 million spending spree?
- JFSC “final version” Appendix D2 amended to correct updates originally published on the 15th
- JFSC corrected its appendix D2 on 20 March 2023 and said sorry :)
- JFSC highlight money launderers who targeted a jeweller - no convictions or regulatory sanctions to date
- Jersey - Unauthorised Schedule 2 business deals with criminal property - no convictions or regulatory sanctions to date
- The JFSC has started its Thematic on Class G (TCB) Natural Persons providing Director Services
- HMRC SANCTIONS - Stop providing trust services to Russians [FROM 21 March 2023]
- ESTATE AGENTS - MONEY LAUNDERING RISK- AN OVERVIEW
- Head of compliance facing 40-year sentence after US extradition
- ONECOINs Head of Legal and Compliance extradited from Bulgaria to the United States
- WORLD’S BIGGEST BRIBE SCANDAL - UNAOIL: THE COMPANY THAT BRIBED THE WORLD
- JFSC admission for greater clarity on NED SCH2 exemptions and the transitional period
- MONEYVAL Chief is linked to Russian Intelligence and has stepped down from his position
- FATF Consolidated assessment ratings on 205 jurisdictions @ 20 FEB 2023
- PART 2 – THE WORLD’S BIGGEST BRIBE SCANDAL - UNAOIL: THE COMPANY THAT BRIBED THE WORLD
- PART 3 – THE WORLD'S BIGGEST BRIBE SCANDAL - UNAOIL: THE COMPANY THAT BRIBED THE WORLD
- Gold Mafia - The Laundry Service I Al Jazeera Investigations [Episode 1]
- TI's Financial secrecy index offers a counterbalance to Corruption Perceptions Index 2022
- The JFSC has updated its 2006 “Securities Issues by Jersey Companies” guidance
- William Hill Group businesses to pay record £19.2m for failures
- New EU measures against money laundering and terrorist financing
- New EU UBO % de minimis [15% - 5%] – TIME TO REVISIT EDD POLICIES?
- Another JFSC update on offering greater clarity to the SCH2 remodelling – more to come?
- I'M CONFUSED – ARE THOSE RULES OR GUIDELINES
- Jersey AML SUPERVISED BUSINESS are also 1] REGISTERED PERSON 2] REGULATED PERSON 3] PRESCRIBED NPOs 4] SCHEDULE 2 BUSINESS
- 4 bankers jailed for money laundering fails
- Mauritius, Comsure's Economic Crime Prevention Conference [12th & 13th July 2023]
- JFSC publish information and guidance on its OBLIGED PERSONS RELIANCE “Thematic” findings and expectations.
- Just as Jersey brings in its Senior Management Function Regime [SMFR] the UK Government start a review on its SM&CR
- Jersey FIU – be aware of changes [03- April- 2023] to POLSAR and the User Guide Manual
- Abramovich funded Vitesse Arnhem via a complex network of offshore entities
- Jersey JFSC regulated firms," Are you assessing your governance arrangements and effectiveness"? (1)
- Comsure Group supports the NIST Cybersecurity Framework training program in Jersey, Guernsey or Mauritius.
- JFSC Guidelines on interpretation schedule 2
- GOOD & BAD PRACTICES - AML/CFT BRAs & STRATEGIES
- Jersey - Are you caught by SCHEDULE 2 and regulated for AML?
- 3 APRIL - Seven years later, where are the key Panama Papers figures?
- Fantastic feedback following an AML board presentation
- JFSC NPO Newsletter NO1 = 31 MARCH 2023
- JFSC TO VISIT JERSEY NPOs
- Feedback from Registry inspections in 2022
- JFSC Feedback from Registry inspections in 2022
- Guernsey Consultation on Independent Audit, Business Risk Assessments and VASPs
- ScamAdviser Coin April Fools campaign.
- Jersey Suspicious Activity Reports: Industry Feedback Q4 2022
- JERSEY – It is time to dust down your Intermeddling procedures
- Leonardo DiCaprio testifies at rapper’s money-laundering trial
- City traders jailed for £315m Balli Group fraud, but where is the money?????
- Is your board full of yes people
- A man is arrested as FCA orders WealthTek Limited Liability Partnership to stop operations.
- Mauritius - Comsure's Economic Crime Prevention Conference [12th & 13th July 2023]
- JERSEY – It is time to dust down your Intermeddling procedures (1)
- Leonardo DiCaprio testifies at rapper’s money-laundering trial (1)
- City traders jailed for £315m Balli Group fraud, but where is the money????? (1)
- Is your board full of yes people (1)
- New guidance notes and Codes of Practice proposed for the AML/CFT Handbook
- JULY 2023 – JERSEY New AML guidance notes and Codes of Practice [DO NOT FORGET]
- JFSC Industry Guidance on remediation action plans
- JFSC Thematic Examination: IFA investment services to vulnerable persons
- JFSC Industry Guidance on remediation action plans [extracted text added]
- UK GOV - The failure to prevent [FTP] FRAUD OFFENCE is ready to go.
- JFSC update [23 March 2023] ON ITS ML/PF/TF source guidance – essential links for everyone
- JFSC AML/CFT/CPF Handbook - sections 1-18 are UPDATED!!!!!!!
- Are you clear on your BRAs, CRAs, EWRAs, etc.etc.etc
- Money laundering and sanctions evasion using the art market.
- UK sanction - x2 Cypriots oligarch enablers [a lawyer and TCSP director] along with oligarch family members and Alisher Usmanov financial network
- OCCRP best practices on how to investigate names from outside the English-speaking world
- CATALOGUE OF EDD RESEARCH DATABASES
- JFSC approach to risk [revisit a speech in 2021]
- Seychelles addresses x5 more FATF deficiencies
- JERSEY - 1st JOIC Public Statement re DSAR failure
- Jersey - The "Minister for External Relations and Financial Services" is now the "Minister for External Relations"
- UK DUAL CRIMINALITY and UK EXTRADITION and OFAC [OVERSEAS SANCTION] risk
- Wolfsberg Group Publish updated 2023 ABC Guidance
- Jersey Attorney General’s Guidance on Deferred Prosecution Agreements
- WOW…..COMSURE IS 18
- Underground drug-money bank laundering EUR 180 million liquidated by law enforcement agency Europol
- Cypriot corporate service provider MeritServus linked to Konstantin Malofeev, a sanctioned oligarch
- UK/JERSEY sanctions art dealer with suspected ties to Hezbollah
- Six ex-Danske employees charged with money laundering
- The U$ OFAC hits Nazem Said Ahmad’s network of 52 individuals and entities
- Jersey's Attorney General Fresh guidance on Art78 and company director disqualification
- Excellent feedback from Community Savings, Jersey
- JFSC SCH2 Registration Extension for Directors and Family Offices ONLY
- Revised JFSC Director FAQs published on Friday 14 April.
- Grand Court judge criticises AML Regulator for its overzealous approach and interpretation of the rules.
- JFSC rules to appoint an anti-money laundering services provider [AMLSP] to fulfil the obligations of a relevant person.
- Jersey Government - Consultation on Changes to the wire transfers regulations
- JERSEY £36K in CRIMINAL FINES under the Financial Services (Jersey) Law 1998
- GUERNSEY Royal Court judgement overturns fines and prohibition orders imposed by GFSC
- JFSC Update: Exemptions – Registration Extension for Directors and Family Offices NEXT UPDATE = Monday 15 May 2023.
- A judge’s view of the regulators approach to supervision and enforcement
- A Lawyer acting for a Russian oligarch pleads guilty to conspiring to commit money laundering to promote sanctions violations.
- NOT knowing your UBO fuels US$11.5bn in illegal fishing [your fish supper!!]
- Money laundering cash couriers smuggled £100 million in suitcases
- British American Tobacco Plc to pay more than $635 mln in North Korea sanctions case
- Fugees rapper convicted of international political conspiracy
- Jersey attends MONEYVAL Ministerial meeting in Warsaw
- UK company set up in name of a JERSEY/UK SANCTIONED individual who is A top Putin official in Ukraine.
- Chinese banks ‘laundering cash for drug cartels’ as $154 billion pass through China each and every year
- Anti-Money Laundering Services Provider (AMLSP) FAQs Guidelines and Legal Notices
- THE GFSC ARE APPEALING 18 April 2023 JUDGEMENT
- Great feedback following AML training on Wednesday
- Russian charged with money laundering and illegally transmitting more than $150 million.
- Amazing feedback from the AML training
- Save the date 13th of June - Navigating Data Protection Risk and Liability at Board Level
- Guernsey FIU update guidance on CONSENT / SARS
- CyberFlix: an interactive video - and related downloads - to help secondary school kids stay safe online
- Guernsey case shows there are no proceeds of crime – lessons on consent
- Jersey Draft Probate (Amendment) (Jersey) Law 202- increases the limit to £30,000 from £10,000
- A JERSEY GOV industry update on the National Risk Assessments [NRAs] for Jersey
- The UAE central bank WILL cancel Russia's MTS bank licence
- Jersey – you must registration as an AMLSP before 30 June 2023.
- Divorce cases reveals 25 residential properties, including a Dubai mansion, worth a total of around $80m (£64m).
- Banque Havilland and its managers are fined for trying to devalue the Qatari Riyal
- Did a British Virgin Islands [BVI] company obtain contracts through bribes
- Comsure offers the NIST Cyber Security Professional (NCSP®) program in the Channel Islands, Mauritius and beyond
- The JFSC Thematic Feedback on “the role of the MLCO“ is published – and the video is coming!!!
- JERSEY £25K in CRIMINAL FINES under the Financial Services (Jersey) Law [following the 38k on the 25th April]
- NCSP® Awareness Certificate - Self-Paced Video Training
- IT COULD BE YOU - A Gibraltar estate agent has been fined for breaching anti-money laundering obligations.
- JERSEY - Changes to the Money Laundering Order [consultation]
- JFSC public statement against Former 'lawyer of the year' jailed for taking £29k from an older adult
- The Wagner group is set to be listed as a terrorist entity
- Schedule 2 Business: Private Trust Companies and Family Offices FAQs
- “South Africa” is off the JERSEY Cannabis Exemption List of Jurisdictions
- JFSC PRIVATE TRUST COMPANIES & FAMILY OFFICES X17 FAQS & GUIDANCE - DATED: 12 MAY 2023
- JFSC Schedule 2 update on lending FAQ and JFSC drop-in sessions
- Tory donor's link to massive money laundering case via Seychelles - the Baltic – Glasgow – BVI - London
- Countering the Financing of Terrorism – An IMF Book on Good Practices to Enhance Effectiveness
- Money laundering charge following the embezzlement of funds from the Embassy of Kuwait
- ICAEW AML by numbers
- The beautiful game is dirty – football is an attractive target for money laundering
- The GFSC has fined 2 Directors [one who was a MLRO] £58,500.00 for AML FAILS
- Acting as a director [NED] in Jersey, you are JFSC regulated – but to what degree?
- Deadline reminder for submission of the Virtual Asset Service Providers registration
- Pooled Supervision and New Regime Supervision Teams to combine as new DNFBP/NPO/VASP Team
- Notice of Examination on Suspicious Activity Reporting Obligations for Designated Non-Financial Businesses and Professions and Virtual Asset Service Providers
- Facebook owner Meta expected to face record fine over transfer of European data to US servers
- Security flaw in 2FA Google authentication - JFSC myRegistry users beware
- Join Comsure's Exclusive CEO Breakfast Briefing: Unleashing the Power of Digital Assets & Crypto for Wealth & Trust Companies.
- Jersey Terrorist Financing National Risk Assessment Update 2023
- Government of Jersey publishes Terrorist Financing National Risk Assessment Update 2023
- The JFSC merge its pooled supervision and new regime teams into a single DNFBP/NPO/VASP Team
- Millions linked with tax evasion allowed to escape Guernsey.
- Money laundering trial against former Panama President Martinelli and others begins
- WHAT CAN AN AML SERVICE PROVIDER DO FOR ME?
- THREE MORE JERSEY COMPANIES ARE GUILTY & FINED[£] FOR FAILING TO REPORT A NOMINATED PERSON
- French regulator fines BMW Finance for weak, dirty money controls
- JFSC WORKSHOP on the role of DNFBPs in fighting financial crime
- The EU updates its high-risk third-country jurisdictions
- If Lebanon ducks the FATF grey list, does this show the process is arbitrary
- Revolutionary e-trading venue will connect the dots between digital assets and the FX market
- Changes to Jersey's Money Laundering (Jersey) Order 2008 (MLO) – consultation open - 12 May 2023 - Closing date: 9 June 2023 changes in force 1 September 2023.
- Complimentary data protection CPD on 13th of June
- Comsure’s 5th Annual Mauritius Conference [12/13 July] is MQA APPROVED
- EARLY BIRD RATES – Comsure Mauritius Economic Crime Prevention Conference - 12th & 13th July 2023.
- UK Introduction of the corporate FAILURE TO PREVENT [FTP] FRAUD offence.
- A Jersey prosecution under the "Crime (Transnational Organised Crime) (Jersey) Law 2008" [Jersey's Modern Slavery law]
- Jersey court has recorded the crime of terrorism
- JFSC Mega-code Update – its not happening [for now!!]
- JFSC Schedule 2 FAQs on Lending – still no update
- SEC Files Charges Against Cryptocurrency Platform Coinbase
- The JFSC chair, Mark Hoban, is to step down, Monique O’Keefe as Deputy Chair takes a second term, and x2 new Commissioners join the board.
- Company fine update
- Two Mauritius Companies that Invested in Adani Group were under tax scanner in India
- Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History
- Compliance is “CRAP” and UNNECESSARY, says former CEO
- The UK FCA issues a POLICY AND GUIDE on financial promotion rules for CRYPTOASSETS
- 10 years later, JERSEY to share Robert Tantular's £1.3 million of dirty money with Indonesia
- Schedule 2 Business Lending FAQs Published on 09th June 2023
- FCA issues £17.2m for serious failings which enabled millions in illegitimate tax reclaims [TAX CRIMES]
- £3.2 million in UK-HMRC money laundering penalties - £1.4 million being the most significant
- Global Initiative recently published two [OF 13] discussion papers on global criminal markets.
- RUSI Institutional Proliferation Finance Risk Assessment Guide
- In Feb 2023, Mauritian regulators examined Silver Bank in the wake of Trafigura nickel fraud case.
- JERSEY to broaden the scope of sanction reporting [SancSAR]
- 99% of SARs are given consent.
- THE ROTENBERG FILES [30 thousand emails and 12 thousand documents] show how Putin hides assets
- GFSC exemptions from licensing – personal directorships [15 June 2023]
- UK tax authority clamps down on Pandora Papers tax avoiders.
- EBA says Payments Institutions do not Manage ML/TF Effectively
- JFSC DNFB slides from the fighting financial crime event on 13th June 2023.
- JFSC Exemptions & Registration extensions & more FAQs on Directors/ Family Offices/ trusts & lending activities / private lenders
- JERSEY Trustees, add a date to your diary RE Lending FAQs [30/6/23]
- The JFSC move the SCH2 registration to 30 September 2023: RE Directors/Family Offices/ Trustees who lend
- FATF grey listing and the impact on Jersey CDD concessions
- UK Peers Vote to Include F.T.P Money Laundering & Remove S.M.E. Exemption.
- JFSC Sanctions screening systems thematic feedback published.
- 2023 MONEYVAL (Council of Europe) has released its annual report for 2022
- MAURITIUS FSC DRAFT [CONSULTATION] GUIDELINES CLOUD COMPUTING SERVICES [CLOSE 21 July 2023]
- Jersey crown and anchor games [gambling] are SCH2 AML regulated
- JERSEY update 30/6/2023 - Lending activity caught by the AML/CFT regime – new FAQS - EVENT
- Cybersecurity for UK pension schemes – where are we now?
- Win a free ticket [worth $800.00*] to Comsure's July 2023 Mauritian Conference.
- The JFSC Revised Outsourcing Policy will be effective from 1 January 2024
- How you can detect basic forgeries in identification documents.
- OSINT on UBOs French Companies & Real Estate reveals money launderers & corrupt PEPs
- Cyber risk and investor/client expectations of the board of directors
- Jersey outsourcing [OSP] rules – BEWARE "newly caught" Supervised Persons have SIX [6] months to act
- HMC personnel among 16 accused of corruption and bribery in Qatar
- GUERNSEY – The GFSC IS DENIED PERMISSION TO APPEAL AT FIRST INSTANCE
- The JFSC announces a 2023 review of systems and controls to prevent and detect Terrorism & Proliferation Financing.
- $12 million frozen following investigation into disgraced art dealer's stolen Cambodian antiquities
- JERSEY at the centre of Largest Ever Forfeiture of Proceeds [$12 million] from the Sale of Stolen Antiquities
- MONEYVAL publishes a report on the risks associated with ML/TF in virtual assets
- Philipp v Barclays: - banks do not owe this duty to customers deceived into instructing their banks to transfer money to fraudsters
- Financial crime risks arising from customer relationships with a nexus to digital assets
- The Chainalysis Crypto Myth Busting Report
- Out now! Europol's Internet Organised Crime Assessment #IOCTA2023.
- A French lawyer challenges AML rules in the EU court of human rights
- CANADIAN LAWYERS exempt from obligation under proceeds of crime law
- DORA cyber training in the Channel Islands, Mauritius and elsewhere
- AML/CFT update - where is Jersey? video update
- Ricardo Martinelli: Panama's ex-leader guilty of money laundering
- MAS fine x3 banks for not spotting dodgy Wirecard [21 JUNE 2023]
- Wirecard Fraud Scandal: First Criminal Convictions Handed Down In Singapore
- Confiscating assets for Indonesia: Interview with Mark Temple KC, H.M. Attorney General of Jersey
- Comsure partners with Clausematch's RegTech Solution in the Channel Islands and Mauritius
- Raising digital business risk awareness in the Boardroom
- FATF Consolidated assessment ratings
- Boardroom CYBER-RISK competence training [offered in the Channel Islands/Mauritius/elsewhere]
- That is a wrap. Comsure 5th annual conference closes for another year
- Does the EU 2025 cybersecurity [DORA] law apply to those outside the EU? If yes, what are you doing?
- JFSC 1st July AML handbook has been amended on 21st July 2023 which affects some of the numberings.
- Jersey government FSIU's sanction guidance mentioned in the JFSC AML handbook
- JFSC say section 6.2.2 Paragraphs 57 and 58 have changed but not 64
- Its close….the Proceeds of Crime (Financial Intelligence) (Amendment) (Jersey) Regulations 2022
- Mauritius FSC issues Guidance Notes on Stablecoins for Public Consultation
- What is the FATF Travel Rule?
- FATF EFFECTIVE SUPERVISION AND ENFORCEMENT BY AML/CFT SUPERVISORS
- JFSC say section 6.2.2 Paragraphs 57 and 58 have changed but not 64 (1)
- The FATF outlines an effective system to combat money laundering and terrorist financing.
- Police arrest a GHANA PEP after they report the theft of their SOW
- Chinese underground banking and funds from China
- Guernsey - Judgement re TREVOR KELHAM & THE GFSC – the court backed the GFSC.
- Honorary consuls are "politically exposed persons" (PEPs) – YES, NOW, DON'T KNOW?
- PEP Changes to the Money Laundering Order into force on 1 September.
- Suspicious [SAR/STR] and dealing with 'no consent' to unfreeze account – a recent Guernsey court decision
- Jersey’s Financial Intelligence Unit becomes operationally independent [27 July 2023]
- GUERNSEY dealing with 'no consent' to unfreeze an account.
- The Island didn’t vote for socialism [Ben Shenton]
- Guernsey trial to determine whether funds help in three bank accounts were proceeds of crime [freeze or unfreeze].
- A German bank's unknown Jersey structure made transactions with no legitimate contractual basis.
- OFAC's New Video Series: "Introduction to OFAC"
- Jersey Financial Intelligence Unit (FIU) Biennial Review & Statistics 2021-22
- The JFSC has updated its Sound [sensitive] Business Practice Policy [31 July 2023]
- JFSC 2022 Annual Report
- Financial Action Task Force (FATF) [e.g. MoneyVal] mutual evaluation process – how it works?
- ‘Significant increase’ in activity for JFSC, according to its 2022 annual report
- JFSC highlights 120 findings in its 2022 Financial Crime Examination Report
- JERSEY Financial Sanctions Notice: Sanctions and Asset-Freezing (Amendment No. 3) (Jersey) 2023
- GFSC granted leave to appeal [3rd August 2023] RE Domaille, Clarke & Hannis
- JERSEY PUBLISHES ITS NRA ON LEGAL PERSONS/ARRANGEMENTS
- Jersey update for Directors on anti-money laundering and countering the financing of terrorism
- JERSEY PUBLISHES ITS “FIRST” NRA ON LEGAL PERSONS/ARRANGEMENTS
- JERSEY’S Terrorist Financing NRA – slides and videos.
- EU- SARS/STRs - How useful are they when ONLY 1.1% of the criminal profits are confiscated.
- Board of Directors Handbook for Cloud Risk Governance
- JMLSG Crypto assets Transfers (‘Travel Rule’)
- Guidance:- the use of digital technology in identity verification.
- UK National Risk Register 2023 is published.
- Fronts, Fakes, and Façades - South African and Mauritian Enablers Move Millions From Zimbabwe to Britain
- Dual-use goods [DUG] challenges connected to Proliferation financing
- TWO AML UPDATES FROM JERSEYGOV RE PRIVATE TRUST COMPANIES + DIRECTORS
- Jersey cyber security risk newsletter, sign up to CERT now.
- GFSC issue £30k fine on an individual
- Guernsey Registered Directors only [less than 6] AML rules
- The JFSC on LinkedIn has posted a Business Risk Assessments (BRAs) reminder.
- NIST has released the initial public draft of NIST Cybersecurity Framework 2.0
- University of Mauritius, Cybersecurity & Forensics Research Group (CSFRG)
- Guernsey - x3 appellants appeal a decision of the GFSC [X, Y, Z and the GFSC]
- JERSEY AML/CFT requirements for PTCs will be updated in early August 2023
- JERSEY, the U.S., United Kingdom and Canada sanction the Former Lebanese Central Bank Governor of Lebanon
- GUERNSEY's new directorship rules for those using the up to "six-directorships' exemption
- The Artificial Intelligence Act (the "AI Act") is coming to you soon….
- EFG Bank AG, Hong Kong Branch Fined HK$16 Million for AML Violations
- Registry Supervision inspection programme 2023 Q2 feedback published.
- JFSC Registry Supervision inspection Q2 2023 REPORT - key findings, best practice and priorities
- The Swiss have devised a perfect laundromat - the criminals can retain 99% of the laundered funds.
- RED FLAGS AND SARS LEAD TO A SEIZURE OF ASSETS WORTH S$1 billion (US$736 million)
- JFSC more enhancements to the AML/CFT/CPF Handbook 11 DAYS OF CONSULTATION!!!
- FCA adopts travel rule and encourages other jurisdictions to swiftly implement the same
- Changes to JERSEYS AML/CFT/CPF Handbook - Feedback by 29 August 2023
- A Comsure workshop [20.9.2023] on the real-world impact of AI, showcasing powerful tools like ChatGPT
- How the UK deals with dirty "corruption" money
- Judge freeze Assets in an alleged $ 11 million fraudulent and money laundering case in Mauritius
- The CoinsPaid Hack Explained: We Know Exactly How Attackers Stole and Laundered $37M USD – lessons learned
- North Korea have made off with over $200 million in cryptocurrency in 2023
- Samsung bans THE use of “AI” after misuse of a chatbot
- OFSI Financial sanctions: X11 guides
- Guide to Anti-Money Laundering Services Provider [AMLSP] Application tips and key provisions
- X2 Jersey companies linked to $200 million of Salame frozen assets.
- Jersey Private Trust Companies [PTC] “AS A BUSINESS” test is confirmed and must register
- All JERSEY legal person PTCs will now be expected to register for AML purposes.
- GFSC was successful in the Guernsey Court of Appeal in the case of John Robilliard
- GFSC issue sanctions of £155,000.00 and directorships bans up to x10 years
- Jersey sanctions alerts – have you signed up?
- PwC scandal: Australian Tax Office tried to get federal police to investigate in 2018
- £87m fine for serious risk management and governance failures
- Met Police reported DATA BREACH to the NCA and the ICO.
- GUERNSEY's DPA Blog: Information freedom and protection: why we need both
- A COMSURE WORKSHOP [20.9.2023] ON "THE IMPACT OF AI ON JOBS"
- Jersey Investment exchanges and arrangers regulation is coming – beware!!
- Does DORA apply outside of the EU? For example, Jersey, Guernsey and Mauritius?
- Comsure's Practical Compliance Support – We are just a phone call [coffee] away
- JFSC found x10 findings identified in 2022 Beneficial Ownership and Control Thematic Examinations
- UK CRYPTO Recommendation 16 [TRAVEL RULE] will take effect Sept. 1st
- The JFSC has released its latest Thematic Examination report – the latest being on “Beneficial Ownership and Control”[BOC]
- Updated JFSC Guidelines for trustees and private trust companies to be issued on 8 September 2023
- UK CRYPTO REGULATION DEVELOPMENTS
- FCA assessment of SANCTION SCREENING systems and controls in financial services firms [6/9/2023]
- GFSC Director Registration Regime update 6/9/2023
- Singapore seizes money launderer's assets in Swiss banks in S$1.8 billion case.
- FCA speech on Black bin liners stuffed with £700,000, PPE fraud, and a widow in romance scam.
- UK crypto exchange accused of hoarding piles of criminal cash and converting it to bitcoin
- FCA speech on Black bin liners stuffed with £700,000, PPE fraud, and a widow in romance scam. (1)
- UK crypto exchange accused of hoarding piles of criminal cash and converting it to bitcoin (1)
- The JFSC issued a public statement about an unauthorised LENDER.
- The UAE publishes guidance on the risks of terrorism and proliferation financing.
- 11 Individuals have been added on the 7th September to the Jersey Financial Sanctions: Cyber list
- PEPs and the FCA review and best practices
- Lenders and borrowers in VAT arbitrage in lending money laundering [Jersey NRA red flag]
- Jersey AML/CFT SAR rules aide memoir
- First Criminal Resolution Involving the Illicit Sale and Transport of Iranian Oil in Violation of U.S. Sanctions
- Arranging in Jersey - sophisticated and high net worth investors out of the scope of the legislative changes.
- Jersey data to be shared with credit agencies.
- Government of Jersey Consultation: Consumer Credit regime [lenders regulation]
- EU sanctions add/designate x6 Russians, including prosecutors, judges, and FSB agents.
- The FCA is under the spotlight after three appeals to the Upper Tribunal (UT)
- JERSEY PTC GUIDANCE IS DELAYED to 22 SEPTEMBER.
- US agrees to release $6bn in Iran funds as part of deal to free detained Americans
- Jersey FIU has published its Q1 and Q2 SARs quarterly reports.
- The JFSC ask - Why is it essential for all businesses to carry out a Business Risk Assessment?
- JERSEY virtual asset service provider regulatory amendments [AKA- JERSEY TRAVEL RULE]
- Europol has issued its first European financial and economic crime threat assessment
- THE JFSC REMINDS DIRECTORS [&OTHERS] TO REGISTER BY THE END OF SEPTEMBER
- EU REJECTs Viktor Rashnikov’s application to annul his EU designation.
- GFSC feedback on 100 ML/TF business risk assessments
- JFSC AML GUIDE ON non-Jersey entities and all individuals
- JFSC AML Guidance on the interpretation of ‘in or from within Jersey.’
- DORA will impact you – it will be like GDPR all over again!!
- Don’t be fooled – Jersey Sch 2 directors must still do CDD on 1st Oct 2023 and thereafter!![CDD = ID&V, profile, and risk assessment]
- Watchdog warns company directors over cybersecurity failures.
- Killing liquidity in Jersey property market [Ben Shenton | 20 Sep 2023]
- 2-day NCSP® Foundation Certificate, virtual instructor-led cybersecurity course
- JERSEY HAS PUBLISHED ITS 2023 MONEY LAUNDERING NATIONAL RISK ASSESSMENT [NRA] UPDATE.
- GFSC fines 2010-23 - Individual fines average £27k and corporates average £70k
- $1.76 billion seized by Singapore authorities in biggest money laundering case ever!!!
- FCA WARNING for Unregistered Cryptoasset Firms – STOP ON OR BEFORE 8th October.
- JFSC has amended its SCH2 guidance.
- Citi launches cross-border payments 24/7 token service for institutional clients
- BVI, JERSEY and CYPRUS linked to Abramovich modern art, valued at $963 million.
- Jersey directors - six days and counting – register or risk imprisonment for up to 7 years and/or a financial penalty.
- JFSC BRA AND MLCO visit findings guidance and video briefing.
- Only in Jersey!! £100m fraud makes pg 4 alongside missing traffic lights?
- The JFSC has added a 14TH source of risk to its D2 Country List.
- GUERNSEY BRIBERY AND CORRUPTION CASE STUDY
- JFSC Sound Business Policy Sept 2023 update
- GFSC Business Risk and PEP Risk Thematic - Identifying & Mitigating
- Consultancy and their box-ticking can defeat rather than enhance culture-building.
- US GOVT PAYS WHISTLE-BLOWER $70M AFTER A QUARTER-BILLION DOLLAR FRAUD
- Why does the EU organisation “Moneyval” assess Jersey and other crown dependencies?
- JERSEY NEDS it's D-DAY tomorrow 30th Sept. [beware you may have tech problems]
- JFSC Sound Business Policy Sept 2023 update (1)
- JERSEY NEDS it's D-DAY tomorrow 30th Sept. [beware you may have tech problems]
- Air Mauritius CEO and CFO Suspended Amidst Corruption Probe and Expanding Horizons
- FCA £6.4 FINE FOR AML FAILS @ ADM Investor Services International Limited
- FinCEN Issues Small Entity Compliance Guide for New Beneficial Ownership Reporting Rule
- GFSC final form AML/CTF/CPF guidance for registered directors
- COMSURE’s article in Jersey Finance 2023/24 publication
- Eleven arrested in connection with JPEX, the unlicensed crypto platform, and a $ 192 million fraud.
- How does Jersey tackle bribery and corruption?
- The GFSC struck again with a £40k fine.
- MAS Imposes Over $20M in Penalties over 18 months [Jan 2022- June 2023]
- South African trustees must now report beneficial ownership of trusts.
- The JFSC – the first episode of a new regulatory Podcast
- Failing to report money laundering or tipping off is there a risk of prosecution?
- Sunderland accountant jailed in 2011 for tipping-off
- JERSEY AML CPD TRAINING on 18th and 19th December 2023.
- Santander ditched EY as a financial crime consultant over alleged failings.
- Why has the U.N. not designated Hamas as a terrorist group?
- FCA FINE EQUIFAX £11million FOR CYBER/OUTSOURCING FAILINGS
- GUERNSEY Office of the Data Protection Authority Guidance for law enforcement purposes.
- Crypto Investors Lost $686 Million to Hacks, Fraud in Just 3 Months
- BLOCKCHAIN – do not overlook cryptocurrency's fundamental flaw.
- An Immunefi analyst told Decrypt that bad actors target blockchains where “more funds are at stake and the activity is high.”
- Double jeopardy as FCA fines Equifax for role in cyber breach after a long-running investigation.
- UK privy council considers election petition concerning Mauritian national assembly election & offence of ‘bribery’, and freedom of expression
- OFAC issued sanctions targeting Hamas's financial facilitation networks.
- Jersey FIU grading SARS – November 2023 changes
- UK significant sanctions judgment [Boris Mints & Ors v PJSC National Bank Trust]
- Mints v NBT = Jersey Financial Sanctions Implementation Unit (FSIU) issues an update
- UK authorities were criticised for failing to prosecute financial crime enablers and wealthy tax cheats.
- Egmont Group Suspends Russia Over War in Ukraine
- India - RBI imposes monetary penalty on Paytm Payments Bank Limited
- Seychelles denounces EU Council’s decision to add it to Annex I of its list of non-cooperative jurisdictions for tax purposes.
- WorldBank Lessons Learned from the First Generation of Money Laundering and Terrorist Financing Risk Assessments
- Mauritius - Guidelines for Digital Signature
- A claim that Jersey aid will ‘fund terrorists’ and reach Hamas.
- Guernsey introduces the Offence of failure of commercial organisations to prevent bribery.
- GUERNSEY – A NEW FORFEITURE OF ASSETS LAW 2023
- The UK - SRA CMRA/FWRA risk assessment guides
- EU sanctions against Russia – an update on Economically Critical Goods
- Report claims UK Lawyers face near impunity for breaching money laundering rules!!!
- A Jersey bank is prosecuted following making a SAR [2020 CASE]
- JFSC Proposal to increase Registry fees by 22.3% in 2024.
- JFSC Industry Survey
- Schedule 2 businesses & the Revised Outsourcing Policy:- Drop-in sessions:
- Does the Jersey Evening Post [JEP] have a SANCTIONS problem because of a Russian data collection company?
- 15 WAYS TO LOSE [screw up] A LEGAL CASE
- Every single Russian state-owned entity should be treated as being sanctioned, in Jersey and the UK?
- Dirty Money and the Destruction of the Amazon
- Recent [2020] Jersey money laundering case is a good reminder about what happens when you miss a RED FLAG
- A Jersey money laundering conviction after corruption red flags were missed.[2021 case revisted]
- FATF OCTOBER UPDATES, INCLUDING UPDATED GREY LISTS
- "CBRN Proliferation Financing: A Perspective from Southeast Asia,"
- Money laundering and the matrimonial home
- UK LAW firm fined for relying on Ukrainian lawyer for AML checks.
- PROBATE (AMENDMENT) (JERSEY) LAW 2023 in force 27th October 2023
- Antarctica passports for sale – A scam laundered through Malta.
- 2023 Risk data collection consultation paper for the risk data collection exercise, beginning in February 2024.
- The Role of Third-Country Jurisdictions in Sanctions Evasion and Avoidance (SEA)
- Guernsey Judgment from the Royal Court suspends £150k fine and public statements.
- Significant risks posed by Storm Ciarán.
- Prosecuted for diverting aircraft parts from the US to Iran in violation of US sanctions
- In 2017, the first Prosecution in Singapore of a Director for Company Money Laundering
- Jail for director of a S’pore firm that shipped more than S$6 million in luxury goods to North Korea [2019]
- IMPLICIT / EXPLICIT sanctions – beware of the difference they may be more than 50%?
- Lycamobile’s French company bosses fined and jailed for money laundering 17mn euros.
- What do organisations say and do, and what do they “truly” mean?
- GUERNSEY Sanctions Notice - Russia (Designated Person Asset Reporting) – data submission by 24 November 2023.
- Cryptoasset regulation in the UK – the plan is published.
- MFSA Israeli-Palestinian guidance on combating terrorism financing.
- Criminals and sanctions-busters exploiting UK secrecy loophole through Seychelles
- MAURITIUS AML CPD TRAINING on 13th and/or 16th November 2023
- Dark web ‘money mule’ accounts for “crypto-to-fiat” for Russian speakers.
- UK SANCTIONS LIST DO YOU KNOW THE DIFFERENCES BETWEEN THE X3
- Earning Digital Trust: Decision-Making for Trustworthy Technologies
- 127 UK companies admit to breaching British sanctions against Russia since Feb 2022
- Declaration of assets in the public sector in Mauritius
- PEPs and asset disclosures to promote greater transparency and accountability.
- Red ALERT - Gold-based Financial and Trade Sanctions Circumvention
- ESMA to put CYBER RISK as a new Union Strategic Supervisory Priority [USSPs]
- EU-wide digital wallet: MEPs reach deal with Council
- BBC newsnight exposes Seychelles secrecy structures
- EU PEPS NOW IN A SINGLE PUBLICATION
- A UK prosecution for Tipping off
- Dodgy transactions from Zimbabwe to London via Mauritius, Cayman and aided and abetted by layers, banks & others
- Mints & sanctions & HMRC guidance
- Sanctions:- Mints, 2 Russian banks, Mr Putin, and the question of control
- The politics of money laundering - Cyprus and the EU
- Global enforcement fines amounted to USD 5.65 billion in Q3 2023, growing by 30% since the beginning of the year.
- Cayman Islands VCE (“Binance”) pays OFAC fine of $968,618,825 for multiple criminal actions.
- Barriers to reporting suspicion – I thought it was illegal to fail to report!!!
- The States of Guernsey's new landing page for financial crime.
- Financial Sanctions—Ten Key Due Diligence Principles
- Financial Sanctions—Systems and Controls for FCA Firms
- Jersey ducks a crypto bullet after Binance admits to money laundering and agrees to pay $4.3bn
- UK-GOVT AND SAUDI ARABIAN SANG AT THE HEART OF CORRUPTION TRAIL
- BNP Paribas, Crédit Agricole, BPCE and Axa benefiting from the proceeds derived from illegal deforestation [money laundering]
- Golden passports or visas can create the potential for fraudulent CRS reporting.
- Misuse of Citizenship and Residency by Investment Programmes
- The UKs Economic Crime Supervision is hosting x3 AML risk assessment webinars [6-8 December]
- Seychelles authorities raid the office of a Russian-owned corporate services provider
- New JFSC complaints policy [24 November 2023]
- JFSC Thematic examination for Q1 and Q2 2024 – Politically Exposed Persons (PEPs)
- JFSC FEES FOR SCH2 ACTIVITIES TO RISE 10.1%?
- Regulation and compliance:- "I didn't say it was your fault; I said I was blaming you".
- AML and UK sanction issues leads to National law firm being fined £101,357.00
- Solicitor (& MLRO) sentenced to Nine months in prison for tipping-off
- MAURITIUS FSC GUIDELINES CLOUD COMPUTING SERVICES 30 November 2023 [6 MONTHS TO COMPLY]
- Law Society UK AML guidance changes to be approved by HMT
- LSAG comments on the UK Economic Crime and Corporate Transparency Act 2023 (ECCTA)
- Financial Crime “SUPPLY CHAIN” risk
- Financial Crime “THIRD PARTY SOF” risk
- Guidance on the JFSC 1 JAN 2024 revised outsourcing policy.
- “BANQUE PICTET” to be fined $122.9 million for hiding $5.6> billion in 1,637 Swiss bank accounts.
- UK HMT High-Risk Third Countries
- Joe Biden's suspicious $40k highlighted in an email
- Follow the money - how Joe Biden received $40,000 in laundered Chinese money.
- The Jersey Data Protection Authority Issues a public statement against JRSY Laser Limited
- Royal Bank of Canada fined $7,475,000.00
- Lawyers and Russian clients – critical issues to remember.
- UK RED ALERT - exporting high-risk goods to Russia [DEC 2023]
- Report on high-risk services that enable illicit financial flows out of Africa.
- Solid advice on “What makes a good Service Level Agreement [SLA]”
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- Conflicts
- Risk Warning Disclaimer
