The JFSC has issued a Public Statement (Summary) regarding Alternate Insurance Services Limited. The Commission has issued this public statement in accordance with Articles 25(b), 25(c) and 25(d) of the Law – to view full statement, use the following link: http://www.jerseyfsc.org/the_commission/general_information/public_statements/AlternateInsurance-Summary.asp

The IOM Financial Supervision Commission has been notified that the Isle of Man Treasury has, on 23rd and 31st December 2009, published new and updated information regarding the above Sanctions regimes. To view the Department of the Treasury’s News Releases advising details of the updated Sanctions, use the following links: http://www.gov.im/treasury/customs/ViewNews.gov?menuid=&page=lib/news/treasury/customs/myanmar6.xml (23rd December 2009 – […]

Guidance Note from the JFSC on Annual declaration and audit report on that declaration. To view document, use the following link: http://www.jerseyfsc.org/pdf/GN_on_Account_Orders_annual_declaration-Dec_2009.pdf

Feedback on JFSC Consultation Paper No.10 2009: AML/CFT Handbook for regulated financial services business (issued: December 2009). To view document, use the following link: http://www.jerseyfsc.org/pdf/Feedback_to_CP_No_10_2009.pdf

Amendments to the legislation in respect of money laundering and terrorist financing. In May of next year the Bailiwick’s legal regime in respect of anti-money laundering (“AML”) and countering terrorist financing (“CFT”) will be evaluated by the International Monetary Fund (“IMF”). This evaluation will assess the Bailiwick’s compliance with the recommendations of the Financial Action […]

Amendments to the legislation in respect of money laundering and terrorist financing. In May of next year the Bailiwick’s legal regime in respect of anti-money laundering (“AML”) and countering terrorist financing (“CFT”) will be evaluated by the International Monetary Fund (“IMF”). This evaluation will assess the Bailiwick’s compliance with the recommendations of the Financial Action […]

The Commission is currently consulting on proposed changes to its AML/CFT legislation. The changes will require postage stamp dealers, bullion dealers, firms of accountants which are currently not registered with the Commission and firms (including sole practitioners) of insolvency practitioners, auditors and tax advisers to register with the Commission and to comply with the AML/CFT […]

Comsure would like to wish all its clients and associates, festive greetings and best wishes for a prosperous new year in 2010.