The Bailiwick of Guernsey is committed to preventing the abuse of its financial services sector
The Guernsey authorities, including the Guernsey Financial Services Commission, are committed to meeting established international standards on anti-money laundering and combating the financing of terrorism. In this respect, both the October 2003 and the January 2011 reports from the International Monetary Fund (IMF), and the September 2015 report from MONEYVAL on their evaluations of the AML/CFT framework of the Bailiwick of Guernsey concluded that the Bailiwick has a high level of compliance with the standards set by the Financial Action Task Force (FATF). The 2011 IMF and 2015 MONETVAL evaluation reports are available below.
IMF 2011 Evaluation Report
- Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism
- Report on Observance of Standards and Codes-FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism
MONEYVAL 2015 Evaluation Report
Further information on FATF and its standards are available on its website.
The Regulations and Handbooks
The Regulations, Handbooks, Instructions and Business from Sensitive Sources Notices which apply to all financial services businesses (both regulated and non-regulated) and prescribed businesses are available from the menus in this section of the website.
Should you have any questions in respect of the Bailiwick's anti-money laundering and countering the financing of terrorism regime, or the requirements of the Regulations and Handbooks, please contact the Financial Crime Supervision and Policy Division either by e-mail at [email protected] or via telephone on +44 1481 712706.
The Regulatory Divisions (Investment Supervision and Policy Division / Banking and Insurance Supervision and Policy Division / Fiduciary Supervision, Policy and Innovations Division) remain the primary point of contact in respect of all other regulatory matters.