The Commission has issued a letter to all Money Laundering Reporting Officers today regarding fraud warning versus southern Africa customers and Far East/China banks. More information can be found here.
Consumers
HM Procureur has issued guidance on prosecution for tipping off. A copy of the guidance can be found on the States of Guernsey website at http://www.gov.gg/CHttpHandler.ashx?id=4637&p=0.
Guidance on prosecution for tipping-off
Mr Nicpon was a director and shareholder of International Alliance Insurance Limited, which was placed into compulsory liquidation on 4 April 2006 by the Royal Court on application by the Commission. International Alliance Insurance Limited was not licensed under The Insurance Business (Bailiwick of Guernsey) Law, 2002 (“the Law”) to undertake insurance business in or from within Guernsey. In 2005...