Introduction
The Handbook on Countering Financial Crime and Terrorist
Financing (the Handbook) issued by the Guernsey
Financial Services Commission (the Commission) is
a statement of the standards expected by the Commission of all
businesses that are financial services business or a prescribed
business (a specified business1) and contains rules and
guidance to assist firms in complying with relevant legislation
concerning the countering of money laundering, terrorist financing,
financial crime and related offences (AML/CFT
Legislation). The AMT/CFT Legislation aims to
prevent the Bailiwick financial system and operations from being
abused for money laundering and financial crime.
