AML / CFT Handbook for regulated financial services business

This version of the handbook for the prevention and detection of money laundering and the financing of terrorism has been updated to reflect the Money Laundering (Amendment No. 11) (Jersey) Order 2020, in force 12 February 2020.

Part 1 - Statutory requirements, codes of practice and guidance notes

Glossary

Index to AML / CFT Handbook sections 1 - 14
AML / CFT Handbook sections 1 - 14 consolidated - 12 February 2020

General sections

Section 1 - Introduction - 12 February 2020
Section 1 - Introduction track change version - 31 March 2021 (effective from 31 May 2021)
Section 1 - Introduction clean version -effective from 31 May 2021

Section 2 - Corporate governance - 12 February 2020
Section 2 - Corporate governance track change version - 31 March 2021 (effective from 31 May 2021)
Section 2 - Corporate governance clean version - effective from 31 May 2021

Section 3 - Identification measures - overview - 12 June 2019
Section 3 - Identification measures - overview track change version - 12 June 2019

Section 4 - Identification measures - finding out identity and obtaining evidence - 12 February 2020
Section 4 - Identification measures - finding out identity and obtaining evidence track change version - 31 March 2021 (effective from 31 May 2021)
Section 4 - Identification measures - finding out identity and obtaining evidence clean version - effective from 31 May 2021

Section 5 - Identification measures - reliance on obliged persons - 12 February 2020
Section 5 - Identification measures - reliance on obliged persons track change version - 31 March 2021 (effective from 31 May 2021)
Section 5 - Identification measures - reliance on obliged persons clean version - effective from 31 May 2021

Section 6 - Ongoing monitoring - 12 February 2020
Section 6 - Ongoing monitoring track change version  - 12 February 2020

Section 7 - Enhanced and simplified CDD measures - 12 February 2020
Section 7 - Enhanced and simplified CDD measures track change version - 12 February 2020

Section 8 - Reporting money laundering and terrorist financing activity - 12 February 2020
Section 8 - Reporting money laundering and terrorist financing activity track change version- 12 February 2020

Section 9 - Screening, awareness and training of employees - 12 June 2019
Section 9 - Screening, awareness and training of employees track change version - 12 June 2019

Section 10 - Record keeping - 12 February 2020
Section 10 - Record keeping track change version -12 February 2020

Sector specific sections

Section 11 - Banking: wire transfers -13 June 2019

Section 12 - Banking: correspondent banking (incorporated into section 7)

Section 13 - Trust company business - 12 June 2019
Section 13 - Trust company business track change version - 12 June 2019

Section 14 - Funds and Fund services business - 12 February 2020
Section 14 - Funds and Fund services business track change version - 12 February 2020

Appendices

Appendix A - JFCU suspicious activity report guidelines on the Jersey Police website

Appendix B - Equivalent countries and territories - 25 February 2021
Appendix B - Equivalent countries and territories track change version - 31 March 2021 (effective from 31 May 2021)
Appendix B - Equivalent countries and territories clean version - effective from 31 May 2021

Appendix C - Written assurance template - Article 16 of the Money Laundering Order - 14 April 2020

Appendix C - Written assurance template - Article 16 of the Money Laundering Order track change version - 31 March 2021 (effective from 31 May 2021)

Appendix C - Written assurance template - Article 16 of the Money Laundering Order track change version - 31 March 2021 (effective from 31 May 2021).

Appendix D1 - Countries and territories for which a FATF call for action applies - 25 February 2021
Appendix D2 - Countries and territories identified as presenting higher risks - 25 February 2021
Appendix D2 - Countries and territories identified as presenting higher risks latest amendments - 25 February 2021
Appendix E1 - Notification Point 2 Article 8 - 3 December 2019
Appendix E2 - Notification Point 2 Article 21 - 3 December 2019

Part 2

Information resource

Part 3

Supervision of compliance with the handbooks

Part 4 - Further reference material

Section 1 - Proceeds of Crime (Jersey) Law 1999 - Schedule 2
Section 1 - Proceeds of Crime (Jersey) Law 1999 - Schedule 2 track change version

Section 2 - Case studies
Section 3 - Red flags for suspicious activity reports

Section 4 - Guidance on products and services - consolidated
Section 4.1 - Guidance on prepaid cards
Section 4.2 - Guidance on E-ID