The following changes have been made to

Part 1, Trust Company Business Section 3.4

AMENDMENT = Amendment to allow a relevant person to apply simplified CDD measures to a customer relationship that relates to an employee benefit or share option plan.

RATIONALE = Consequential amendment necessary as a result of recent changes to the Money Laundering Order, which have come into force.

Part 1, Trust Company Business Whole document (including Section 4)

AMENDMENT =Consequential amendments relating to new section 6 (see below).

Part 1, Trust Company Business

AMENDMENT =New Section 6 New section which introduces explicit identification and verification requirements where a partnership is an applicant for business.

RATIONALE = To provide explicit guidance on the application of identification and verification measures to partnerships.

http://www.jerseyfsc.org/pdf/Part_4_AML_Handbook.pdf

http://www.jerseyfsc.org/pdf/Sector-Specific-TCB-2013-October.pdf