Regulatory Alerts2026-07-07
Added · Updated
Guernsey Financial Services Commission Handbook on Countering Financial Crime (AML/CFT/CPF)
The Guernsey Financial Services Commission issues this Handbook to establish mandatory standards for specified businesses to prevent money laundering, terrorist financing, and proliferation financing. It requires firms to implement a risk-based approach encompassing corporate governance, customer due diligence, transaction monitoring, and suspicious activity reporting. The document outlines the legal framework, enforcement powers, and technological expectations for compliance with international FATF recommendations and local legislation.