Skip to main content Skip to accessibility
This website is not compatible with your web browser. You should install a newer browser. If you live in Jersey and need help upgrading call the States of Jersey web team on 440099.
Government of Jerseygov.je

Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

Jersey publishes national strategy for combatting financial crime

28 September 2022

​Two key documents have been published which set out Jersey’s approach to combatting financial crime:

• The National Strategy for Combatting Money Laundering, the Financing of Terrorism and the Financing of Proliferation of Weapons of Mass Destruction sets out how Jersey will meet its long-term commitment to prevent and detect all forms of financial crime, and presents a detailed action plan for increasing the effectiveness of the Island’s regime.

• The National Statement on Financial Services and Financial Crime: Activities, Risk Appetite and Mitigation outlines the mains sources and types of risk that Jersey faces as an international finance centre, and provides a framework for how the Island identifies and mitigates those risks. 

The Minister for Treasury and Resources, who has responsibility for the financial services sector, Deputy Ian Gorst, said: “We have a clear vision for the future of financial services, and that is for Government, industry, regulators, agencies and other stakeholders to work together.

“We want to create an environment in which the industry can continue to thrive. We will do that by facilitating its digital transformation, its transition into being a leading centre for sustainable finance, and – importantly – through its continued compliance with global standards. 

“Together the strategy and statement create a clear plan for how Jersey will deliver against its commitment to combatting financial crime in all its forms and how we continue to play our role as a responsible global citizen.” 

More than 250 senior members of the financial services sector were briefed on Wednesday 28 September on the new documents as part of Government’s continued engagement with industry, under its “Combatting Financial Crime Together” initiative. 

The documents are available on gov.je: 

National Statement on Financial Services and Financial Crime: Activities, Risk Appetite and Mitigation 

National Strategy for Combatting Money Laundering, the Financing of Terrorism and the Financing of Proliferation of Weapons of Mass Destruction 

Back to top
rating button