NATIONAL RISK ASSESSMENT
Overview & Industry Communications
The Jersey Financial Crime Strategy Group (JFCSG) has announced it will conduct a national risk assessment of the threats posed to the Island by money laundering and terrorist financing.
The JFCSG is a multi-departmental group that reports to the Chief Minister and is responsible for mitigating the risk of financial crime in Jersey. Its responsibilities involve coordinating risk assessments, reviewing and developing financial crime policies and legislation, and ensuring an appropriate risk-based application of resources. The JFSC is a member of the JFCSG.
The JFCSG will be using an assessment methodology developed by the World Bank to help undertake Jersey's NRA. Further information can be found in the following communiqué: