laundering battle

The Jersey Financial Services Commission has announced the development of guidelines to continue its battle against money laundering on the island.

Institutions should identify the...The Jersey Financial Services Commission has announced the development of guidelines to continue its battle against money laundering on the island.

Institutions should identify the source of public figures wealth and the source of funds for large transactions.

They should also build a profile of the expected account activity for public figures and monitor transactions to compare actual transactions with the projected profile.