Handbook on Countering Financial Crime and Terrorist Financing15th February 2021
The Commission has today updated the Handbook following the December consultation regarding changes to rules and guidance in Chapters 3 and 7 on the risk-based approach and on legal persons and legal arrangements. Updates have also been made to Chapter 12 on international sanctions to reflect the new mechanism for the implementation of UN and UK sanctions in Guernsey following Brexit.
The revised Handbook, including the rules and guidance contained therein, comes into effect on 15 February 2021.
A clean version of the Handbook, together with a tracked version reflecting the changes made from the Handbook published on 30 October 2020, can be accessed here.