GuernseyHM Treasury’s Office of Financial Sanctions Implementation issued a notice concerning the addition of seven individuals and six entities to the consolidated list pursuant to the Iran (Sanctions) Regulations 2023.
The Guernsey Financial Services Commission released a report assessing the risks of money laundering, terrorist financing, and proliferation financing associated with legal persons and arrangements in the Bailiwick.
Midweek Roundup: FinCEN Launches Ownership Database, US Senator Faces New Bribery Charges, and More
EU blacklists Russian state-owned diamond company, SBF avoids second trial, and more, in the midweek roundup.
Russian man charged with helping criminals verify stolen credit-card details, Canadian gaming supervisors launch investigation, and more, in the weekly roundup.
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 |