The Jersey Financial Services Commission (JFSC) has updated its anti money laundering and counter terrorism financing (AML/CFT) handbooks.
The amendments were a direct result of Jersey aligning its regulatory regime with the Financial Action Task Force (FATF) 2012 recommendations and listening to industry feedback from a recent consultation paper.
One key change is that the onus has been shifted onto the relevant person to have regard for certain factors in determi...
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