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Money Laundering (Amendment No. 4) (Jersey) Order 2010

A formal published “Ministerial Decision” is required as a record of the decision of a Minister (or an Assistant Minister where they have delegated authority) as they exercise their responsibilities and powers.

Ministers are elected by the States Assembly and have legal responsibilities and powers as “corporation sole” under the States of Jersey Law 2005 by virtue of their office and in their areas of responsibility, including entering into agreements, and under any legislation conferring on them powers.

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A decision made 11 January 2010 regarding: Money Laundering (Amendment No. 4) (Jersey) Order 2010.

Decision Reference:  MD-TR-2009-0219

Decision Summary Title:

Money Laundering (Amendment No. 4) (Jersey) Order 2010

Date of Decision Summary:

30/12/2009

Decision Summary Author:

Director, Jersey Financial Services Commission

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

 

Written Report

Title:

Money Laundering (Amendment No. 4) (Jersey) Order 2010

Date of Written Report:

16/12/2009

Written Report Author:

Director, Jersey Financial Services Commission

Written Report :

Public or Exempt?

Public

Subject:

Money Laundering (Amendment No. 4) (Jersey) Order 2010

Decision(s):

The Minister made the Money Laundering (Amendment No. 4) (Jersey) Order 2010.

Reason(s) for Decision:

The Order deals with a number of minor comments made by the International Monetary Fund in its recent review of Jersey’s framework for countering money laundering and terrorist financing.   

The Order also revises the application of some customer due diligence concessions.

Resource Implications:

None.

Action required:

Notify the Greffe and the Law Draftsman that the Order has been made and forward the signed and sealed Order to the Greffe for archiving. Request the Greffier of the States to table the Order before the States at the next meeting.

Signature: 
 
 

Position: Senator P F C Ozouf, Minister for Treasury and Resources

Date Signed:

Date of Decision:

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