Are you a high value dealer?
A high value dealer is a business or individual who trades in goods and receives €15,000 (equivalent to £12,500) or more in cash or virtual assets for a single transaction or linked transactions
Under financial crime laws in Jersey, high-value dealers are required to register with us to prevent themselves and their businesses from falling victim to financial crime.
We supervise high value dealers for financial crime purposes to keep individuals, businesses and our island safe from money laundering.
Examples of businesses that may need to register:
- jewellers
- car or yacht dealers
- art and antique dealers
- agricultural auctioneers
What is required of me if I register with the Jersey Financial Services Commission (JFSC)?
A high value dealer may be a target for money launderers. To protect businesses and individuals falling victim to financial crime, high value dealers are required to have appropriate controls in place to identify and prevent money laundering activities.
Our team of Supervisors will help you ensure that you have appropriate controls in place to mitigate the risk of you or your business being exposed to financial crime.
How do I know if I am a high value dealer?
We have created a short, voluntary, questionnaire to help you understand if you need to register with us as a high value dealer under Jersey Law.
To help our team process responses, you can fill out the survey until 17:00 on 30 November 2025.
What do I do if I meet the definition of a high value dealer?
If you completed our questionnaire and meet the requirements of being a high value dealer, our team will contact you to provide further guidance.
If you believe you meet the definition, but have not received a letter from us, please contact our DNFBP/NPO/VASP team.
Contact us
Our team are here to help you.