63 results found

In response to global initiatives, on the 30 April 2015 the States of Guernsey commenced consultation on the introduction of a central register of beneficial ownership.

The Royal Court of Guernsey held, on 29 December 2022, that a Guernsey bank that had filed a Suspicious Activity Report (SAR) with Guernsey's Financial Intelligence Service

The Bailiwick of Guernsey has demonstrated that it meets the most stringent international standards following a highly successful outcome from MONEYVAL's assessment into how it combats financial crime.

In the last few weeks, we have received a number of urgent instructions as a result of the unprecedented impact of the coronavirus (COVID-19) situation. These instructions range from: heightened risks facing Guernsey directors...

Guernsey has expanded its anti-money laundering arsenal by introducing a summary civil forfeiture procedure along similar lines to Jersey's.

Collas Crill Compliance Limited is running a series of masterclasses to help MLROs and MLCOs meet additional training requirements ahead of the MONEYVAL visit.

It is 56 years since Bob Dylan released his anthemic song "The Times They Are a-Changin'", but it still proves relevant in many areas of life, including financial crime.

In the last few weeks, we have received a number of urgent instructions as a result of the unprecedented impact of the coronavirus (COVID-19) situation.

Money laundering challenges for cannabis businesses - what do cannabis businesses need to know when it comes to off-shore dealings and the risk of prosecution for proceeds of crime?

The Guernsey Financial Services Commission ("GFSC") updated its Handbook on Countering Financial Crime and Terrorist Financing (the "Handbook") in early July 2023.

In recent years economic substance has become a fundamental factor driving developments in global finance centres. The global base erosion and profit shifting (BEPS)

Further to Bailiwick of Guernsey Consent Regime guidance issued in April 2023 (Guidance), a recent change in approach from the Guernsey Financial Intelligence Unit (FIU)...

From 1 July 2023, the Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022 (the "LCFL") came into full effect, replacing and expanding upon the previous now repealed...

It is sometimes easy to forget with all that has happened over the last 12 months that there was a world before pandemics, face masks, and vaccines, and equally that there will be a world after it.

As part of the Bailiwick of Guernsey's long-term commitment to preventing and eliminating money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction...

The Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) (Amendment) Ordinance, 2018 was approved by the States of Guernsey in December 2018 ...

Guernsey is a popular jurisdiction in which to incorporate companies for use on a wide range of transactions, including investment funds, private equity, structured finance and securitisations.