The Guernsey Financial Services Commission released an updated version of its Handbook on Countering Financial Crime, which includes new guidance on preventing money laundering and terrorism financing, as well as technical changes.
HM Treasury’s Office of Financial Sanctions Implementation issued a notice concerning amendments to the consolidated list entry for one individual who is designated under the ISIL (Da’esh) and Al-Qaida (United Nations Sanctions) (EU Exit) Regulations 2019.
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On Feb. 28, 2024, the Guernsey Financial Services Commission imposed penalties amounting to £266,000 and regulatory actions on Fides Corporate Services Ltd. and its directors for breaches of anti-money laundering and counterterrorist financing obligations and failure to meet licensing criteria.
The Guernsey Financial Services Commission fined Ginette Louise Blondel £210,000 and barred her from holding various financial positions for a period of time for carrying out unlicensed activities and breaches of anti-money laundering regulations.
Technical | Effectiveness |
---|---|
Compliant : 25 | High : |
Largely Compliant : 22 | Substantial : |
Partially Compliant : 2 | Moderate : |
Non-Compliant : 0 | Low : |
Rank : N/A |
Score : N/A |
Rank : N/A |
Score : N/A |
Rank : 11/133 |
Score : 71/100 |