JerseyJersey amended the Sanctions and Asset-Freezing (Jersey) Law 2019 to give effect to enactments of the U.K. or U.N. sanctions resolution, as well as standards promoted by the Financial Action Task Force or other international bodies.
Jersey amended the 2008 Non-Profit Organizations and Proceeds of Crime laws as well as certain other enactments in relation to non-profit organizations.
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The Royal Court of Jersey issued a judgment imposing a fine of £550,000 against the St. Helier, Jersey-based company for two breaches of Article 37(4) of the Proceeds of Crime (Jersey) Law 1999 and the related regulations.
The Jersey Financial Services Commission imposed fines totaling £719,451.21 on three entities that form part of the Société Générale Group, a France-based regulated banking group, and a smaller sub-group headed by SG Kleinwort Hambros Bank Limited, a U.K.-regulated bank.
| Technical | Effectiveness |
|---|---|
| Compliant : 16 | High : |
| Largely Compliant : 28 | Substantial : |
| Partially Compliant : 5 | Moderate : |
| Non-Compliant : 0 | Low : |
| Not-Applicable : 0 |
| Rank : N/A |
| Score : N/A |
| Rank : N/A |
| Score : N/A |
| Rank : 16/133 |
| Score : 66/100 |