Under the Bailiwick of Guernsey's anti-money laundering requirements and measures for combating the financing of terrorism (AML/CFT) the following businesses are included and are required to apply to Authorisations for registration:
Non-regulated financial services businesses: which are supervised for AML/CFT purposes only;
Prescribed businesses: which are supervised for AML/CFT purposes only.
The framework, including the registration, has no effect on the conduct of business of a registered business except for the carrying out of AML/CFT measures.
