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Jersey Finance welcomes updated AML and digital asset regulations

News Team, 07/09/2023

Jersey Finance has welcomed new regulations designed to bolster Jersey’s anti-money laundering (AML) framework and strengthen its position in facilitating high quality digital assets business.

The new regulations, which were approved in July this year following a public consultation, introduced a ‘travel rule’ for businesses undertaking the transfer of digital assets – Virtual Asset Service Providers (VASPs) and Money or Value Transfer Services...


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