The Jersey Financial Crime Strategy Group (JFCSG) – comprising representatives from the Government of Jersey, Jersey Financial Services Commission, States of Jersey Police and Jersey Customs and Immigration Service – has launched a public consultation on the implementation of the 2012 Financial Action Task Force (FATF) Recommendations on Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT).

The 2012 Recommendations are intended to specifically strengthen areas which FATF, through its membership by the international community, considers to be higher risk or where implementation of financial crime s...