Speaking in London today, at a Guernsey Finance seminar
showcasing Guernsey's global leadership in application of
technology in financial services with the introduction of the
Electronic Agents Ordinance 2019, the Guernsey Financial Services
Commission outlined an approach to provide greater regulatory
reassurance in the application of electronic CDD.
"The GFSC has always been supportive of the safe secure
exploitation of technology. We are happy to work with all
stakeholders to look to develop an approach that creates greater
certainty for providers deploying electronic AML. The introduction
of a revised AML handbook provides a welcome opportunity for us to
make clear our commitment to ex ante discussions over the
deployment of technology in the AML process," said Emma
Bailey, Director of Authorisations and Innovation at the GFSC, who
spoke at the event.
