Jersey Finance is encouraging firms to engage with two key consultations currently underway in Jersey, which -the island's promotional body says - provide evidence of the jurisdiction’s willingness to battle financial crime and meet global standards of financial regulation.

A consultation launched last month by the Jersey Financial Crime Strategy Group makes a number of proposals aimed at implementing recommendations made by the Financial Action Task Force (FATF) to strengthen Jersey’s credentials in fighting financial crime. In particular, the consultation puts forward measures to tackle the financing of weapons of mas...