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Jersey's assessment of a record anti-money laundering fine against three subsidiaries of Societe Generale shows a stronger appetite for enforcement among local regulators amid EU scrutiny of the island's defenses against illicit finance, sources told ACAMS moneylaundering.com. In a 7-page notice, the Jersey Financial Services Commission, or JFSC, disclosed £720,000 in penalties Tuesday against the entities, which together comprise the French lender's private bank and wealth management division in the U.K., Channel Islands and Gibraltar, for ignoring prior warnings to remediate "significant and material" breaches of anti-money laundering rules. The notice marks only the third time the JFSC has imposed...