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ARTICLE · 03 DECEMBER 2001

Jersey Implements Anti-Terrorism Funding Measures

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JerseyWealth Management
Damian Harrison
Damian Harrison

On 10 October 2001 Jersey adopted new measures that are designed to enhance the existing legislation that seeks to prevent the use of financial services by terrorist organisations. The Terrorism (United Nations Measures) (Channel Islands) Order 2001 provides for a maximum jail sentence of seven years for anyone knowingly dealing in any financial assets which may be connected with terrorist activity. The Order, which is virtually identical to the legislation introduced in the City of London in recent weeks, enables the Jersey authorities to obtain information on, and to freeze any assets held by or on behalf of, suspected terrorists.

Jersey intends to repeal and replace the Prevention of Terrorism (Jersey) Law 1996 by new legislation to pave the way for the application in Jersey of the UN Conventions for the Suppression of Terrorist Bombings and for the Suppression of Terrorist Financing. In essence, this means that Jersey will be able to try an individual for terrorist crimes, in

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