The Commission has today issued in final form guidance for registered directors on their anti-money laundering and counter terrorist financing obligations.
No changes have been made to the text from the draft guidance issued on 9 August 2023. Registered directors are remined that the AML/CFT obligations upon them, which are contained in Schedule 3 of the Criminal Justice (Proceeds of Crime) ( Bailiwick of Guernsey) Law, 1999, took effect from 1 October 2023.
This guidance is for registered directors only as it reflects the very limited activity they can undertake.