Moneyval Report - Guernsey Highly Successful

Key takeaways

• Guernsey has performed very well with its MONEYVAL report and has some of the highest findings and ratings in the world, securing its position as one of the most secure and safe jurisdictions for financial services.
• Guernsey is one of only three jurisdictions to achieve a high effectiveness rating for its implementation of sanctions (the UK and the US being the other two).
• The key recommendations relate to money laundering investigations and prosecutions, suspicious activity reports, and the GFSC's financial crime supervisory process.

The results are in! Guernsey has obtained strong results in MONEYVAL's latest report on Guernsey, which was published earlier today.