IMF Staff Country Reports

Jersey: Financial Sector Assessment Program Update: Detailed Assessment of Observance of AML/CFT

Publication Date:

September 14, 2009

Electronic Access:

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Summary:

Jersey has put in place a comprehensive and robust Antimoney Laundering/Combating the Financing of Terrorism (AML/CFT) legal framework with a high level of compliance with almost all aspects of the Financial Action Task Force recommendations. The paper discusses a Detailed Assessment of Observance of AML/CFT report on Jersey. Both money laundering and financing of terrorism are criminalized largely in line with the international standard, and Jersey has implemented the provisions effectively.

Series:

Country Report No. 2009/280

Subject:

Anti-money laundering and combating the financing of terrorism (AML/CFT) Crime Legal support in revenue administration Money laundering Revenue administration Terrorism Terrorism financing