AML/CFT Legislation and Handbooks
10th April 2013The Commission has noted that the Criminal Justice (Proceeds of Crime) (Financial Services Businesses) (Bailiwick of Guernsey) (Amendment) Regulations, 2013 have resulted in an inaccurate cross-reference in regulation 5(1)(d) of the regulations being amended. In regulation 5(1)(d) the reference to regulation 3(1)(c) should now be to regulation 3(2)(a).
The making of the Criminal Justice (Proceeds of Crime) (Legal Professionals, Accountants and Estate Agents) (Bailiwick of Guernsey) (Amendment) Regulations, 2013 has led to a similar inaccuracy in regulation 5(1)(c) of the regulation being amended. In regulation 5(1)(c) the reference to regulation 3(1)(c) should now be to regulation 3(2)(a).
For the purposes of clarity the Commission will seek a further revision to the regulations as soon as possible.