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Guernsey's anti-money laundering regime faces a critical juncture as authorities consult on reforms to comply with revised FATF Recommendations requiring maximum durations for transaction suspensions. The consultation presents four options, ranging from maintaining the problematic status quo to adopting a deemed consent mechanism similar to the UK's 23-year-old model, each with significant implications for financial institutions and their ability to manage suspected criminal property.

More than half of firms surveyed are considering reviewing their distribution and structuring of investment funds in the next 12 months.

Within this framework there are both public and private networks.

Appleby partners Anthony William and Jared Dann and Counsel Claire Corkish join partner & head of civil fraud and asset recovery at Pinsent Masons, Alan Sheeley and Emilie Jones to discuss ...

New regulations establish a structured classification system for online gaming, creating distinct boundaries between prohibited online money games and permissible categories like e-sports and social gaming. The framework aims to eliminate regulatory ambiguity by implementing clear, time-bound criteria for determining which gaming formats can legally operate.

With the emergence of innovative and disruptive technologies, an increasing number of financial services providers are adopting Distributed Ledger Techn

Although the fund finance market has historically been, and continues to be, a particularly low-risk one for lenders

The sphere of asset tracing and recovery, particularly the extent of tools available around the world, is rightly attracting more attention in cross-border fraud and investigations.

This six-monthly publication calls on lawyers from around the world to provide updates from their jurisdictions on significant new developments and enforcement trends relevant to financial crime. Where available, the updates link to underlying posts with more detail. As ever, please do not hesitate to contact the authors, or your local HSF Kramer contacts, if you wish to discuss any of the issues raised.

This guide explores the latest legislative, regulatory and enforcement developments in Jersey and provides expert analysis on industry-wide topics including the local legal framework...

This guide explores the latest legislative, regulatory and enforcement developments in Guernsey, and provides expert analysis on industry-wide topics including cryptocurrency fraud, confiscation proceedings and the coronavirus pandemic.

This guide explores the latest legislative, regulatory and enforcement developments in Guernsey, and provides expert analysis on industry-wide topics.

As Guernsey developed into a thriving offshore financial centre from the 1980s, it has had to adapt to meet the challenges posed by the model and resourceful fraudster.

Guernsey has evolved sophisticated legal frameworks to combat fraud and recover assets, drawing on centuries of judicial stability while adapting to modern challenges. This comprehensive analysis examines the civil remedies, criminal enforcement powers, and cross-jurisdictional mechanisms available to victims seeking to trace and recover fraudulent proceeds through Guernsey's courts and regulatory systems.

This guide explores the latest legislative, regulatory and enforcement developments in Guernsey and provides expert analysis on industry-wide topics including the local legal framework, the main stages of a fraud case, parallel proceedings, cross-jurisdictional mechanisms, recent developments, technology and other impacting factors.