Working Together Is Key To Jersey Remaining A Leading IFC

International finance centres must adopt world-class regulatory regimes in the face of a continuously evolving regulatory landscape to ensure future success, delegates heard at the official launch event for Ogier Regulatory Consulting in Jersey.

"Positive outcomes from independent assessments are key to ensuring that Jersey's reputation holds firm and businesses can continue to grow", was a message delivered during the launch event discussing the upcoming MONEYVAL evaluation in Jersey.

The MONEYVAL assessment team are due to visit Jersey in September/October, where they will be meeting with a number of businesses supervised by the Jersey Financial Services Commission, as part of their review of the effectiveness of the island's AML/CFT/CPF regime. Members of Ogier Regulatory Consulting and representatives from the local government's Financial Crime Strategy team provided early insights into the selection process and how businesses can prepare.