Human trafficking is happening all around us – even in Jersey. Victims are often hidden away, but you may encounter individuals or situations of concern. Knowing how to ‘spot the signs’ could save lives. To assist you in flagging issues the indicators in this link should be considered and, if you have any suspicions about human […]

The Law Commission published its Anti-money laundering: the SARs regime report on 18 June. The report reviews and makes recommendations for the improvement of the consent regime in Part 7 of the Proceeds of Crime Act 2002 (POCA) and Part 3 of the Terrorism Act 2000. The report identifies the high volume of low-quality suspicious […]

As Jersey continues to make preparations for its first National Risk Assessment, there is a recognition that changes are required to the SAR template amongst other areas to improve the quality and standard of submissions to the FIU. Part of these changes require the FIU to assist industry in the preparation of SARS. To that […]

The Luxembourg District Court (TA, 12 June 2014) A recent Luxembourg judicial decisions have acquitted professionals of criminal liability under the fight against money laundering, providing some welcomed clarifications on the cooperation obligation of professionals under the Luxembourg law of 12 November 2004 on the fight against money laundering and terrorist financing (the “AML Law”). […]