Government of Jersey publishes Virtual Asset Service Provider National Risk Assessment

The Government of Jersey has today (17 May 2024) published its VASP National Risk Assessment.

This follows the VASP risk overview completed in 2022.

The VASP National Risk Assessment includes:

• residual risk and recommended actions
• threats
• vulnerabilities
• status of recommended actions relating to VASPs in other published risk documents

The VASP National Risk Assessment forms part of Jersey’s continuous risk assessment work, including:

• National Risk Assessment: Money Laundering - update (2023)
• National Risk Assessment: Legal Persons and Arrangements (2023)
• National Risk Assessments: Terrorist Financing (2021 and 2023)
• National Risk Assessment: Non-Profit Organisations (2021)
• National Risk Assessment: Money Laundering (2020)