Handbook for the prevention and detection of money laundering, the countering of terrorist financing, and the countering of proliferation financing

Oct 23, 2026

Uploaded by Liam

Handbook outlining requirements for preventing and detecting money laundering, countering terrorist financing, and countering proliferation financing. Applies to all supervised persons, defined as relevant persons under the Money Laundering (Jersey) Order 2008, and includes references to paraphrased Jersey AML/CFT/CPF legislation. Explains navigation features such as mandatory labels, colour-coding, italicised glossary terms, and notes on independent compliance advice. Provides structured content across sections, including objectives, legal status and sanctions, jurisdictional scope, and corporate governance measures.

LanguageEnglish

CategoryHealthcare

FormatPDF

Pages355

Reading Time14 h 55 min

AccessFree to download

Contents

Glossary

1 Introduction

2 Corporate Governance

Handbook for the prevention and detection of money laundering, the countering of terrorist financing, and the countering of proliferation financing Note: › This Handbook is applicable to all supervised persons. Supervised persons are described as‘relevant persons’ in the Money Laundering (Jersey) Order 2008. › The Handbook contains references to paraphrased Jersey AML/CFT/CPF legislation. Refer to our legislation pages for links to the full laws. › Label references and colour-coding have been used to make the Handbook easier to navigate. The key below sets out which elements of the Handbook are mandatory and which may be treated as guidance. › If a term is defined in the glossary, it appears in the Handbook in italic text. › We would strongly encourage you to seek independent advice to ensure your compliance with the regulatory framework. Key: The below table is applicable to Sections 1-16 of this Handbook: Section Colour Obligation explained Section heading Sub-heading Statutory requirements AML/CFT/CPF Codes of Practice Guidance notes Relates to all Supervised Persons (except Prescribed NPOs) Relates to all Supervised Persons (except Prescribed NPOs) Mandatory for all Supervised Persons (except Prescribed NPOs) Mandatory for all Supervised Persons (except Prescribed NPOs) Guidance for all Supervised Persons (except Prescribed NPOs) The sector-specific sections of this Handbook (11-16) are labelled with their relevant sector. The below table is applicable to Section 17 of this Handbook concerning Prescribed NPOs only: Section Colour Obligation explained Section heading Sub-heading Statutory requirements Codes of Practice Guidance notes Relates to Prescribed NPOs only Relates to Prescribed NPOs only Mandatory for Prescribed NPOs only Mandatory for Prescribed NPOs only Guidance for Prescribed NPOs only Contents Glossary .................................................................................................................................... 10 1 Introduction...................................................................................................................... 21 Objectives of the AML/CFT/CPF Handbook .................................................................... 22 Structure of the AML/CFT/CPF Handbook ...................................................................... 23 Legal Status and Sanctions for Non-Compliance ............................................................ 25 AML/CFT/CPF Handbook ......................................................................................... 25 Money Laundering Order ........................................................................................ 25 AML/CFT/CPF Codes of Practice .............................................................................. 26 Jurisdictional Scope of the Money Laundering Order and AML/CFT/CPF Codes ........... 28 Application of the Money Laundering Order and AML/CFT/CPF Codes of Practice to supervised persons carrying on business in Jersey .................................................. 28 Application of the Money Laundering Order to supervised persons carrying on business outside Jersey (overseas) ........................................................................................ 28 Application of AML/CFT/CPF Codes of Practice to supervised persons carrying on business outside Jersey (overseas) .......................................................................... 30 Definition of Supervised Business ................................................................................... 30 Business relationships and one-off transactions ............................................................ 30 Risk-based approach ....................................................................................................... 31 Equivalence of requirements in other countries and territories ............

FAQs

Who does the handbook apply to?

It applies to all supervised persons. In the Money Laundering (Jersey) Order 2008, supervised persons are described as “relevant persons.”

How does the handbook indicate mandatory requirements versus guidance?

It uses label references and colour-coding, with a key that explains which elements are mandatory and which may be treated as guidance.

What sections and topics does the handbook cover?

It includes a glossary, then sections such as introduction (objectives, structure, legal status and sanctions) and corporate governance (board responsibilities, business risk assessment, systems and controls, and key compliance roles).

Oct 23, 2026

Uploaded by Liam