Booking Form


EVENT:
SESSION 3 - Sanctions and AML/CFT Handbook Sections



Date: April 17, 2018
Start Time: 1:30 am
End Time: 4:30 am
CPD Time:
Cost: Free Event



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1. Financial Sanctions Practical Guidance and General Information
guidance to include an overview of
a. A list of Regime - jurisdictions subject to sanctions
b. A list of Person - individuals/entities subject to sanctions
by a direct link to the UK Consolidated List
c. UN Sanctions Notice - Individuals and/or organisations’
expected to be added imminently to the lists maintained
by the European Union (“EU”)
d. Terrorist Sanctions - information on terrorist sanctions
e. Directions Issued to Financial Services Businesses -
information on the Money Laundering and Weapons
Development (Directions) (Jersey) Law 2012 and the
Money Laundering and Weapons Development
(Directions) (Iran) (Jersey) Order 2015
f. List of Information Resources
g. Asset Freeze License Application Form
h. Suspected Breach Notification Form
i. Case Studies - breaches of sanctions by firms
internationally and the penalties imposed
2. Corporate governance
3. Identification measures
a. overview
b. finding out identity and obtaining evidence
c. reliance on obliged persons
4. Ongoing monitoring
5. Enhanced and simplified CDD measures
6. Reporting money laundering and terrorist financing activity
7. Screening, awareness and training of employees
8. Record keeping
9. Introduction to the appendices
a. Appendix A: Appendix A: JFCU suspicious activity report
guidelines
b. Appendix B: Equivalent countries and territories
c. Appendix C1: Written assurance template – Article 16 of
the Money Laundering Order
d. Appendix C2: Written assurance template – Article 17(9)
of the Money Laundering Order
e. Appendix D1: Countries and territories for which a FATF
call for action applies
f. Appendix D2: Countries and territories identified as
presenting higher risks
10. JFSC Supervision of compliance with the Handbooks
a. Demonstrating compliance with the statutory and
regulatory requirements
b. Policy on deviations from regulatory requirements
c. Notification of issues to the commission
d. Supervision of compliance with the risk-based approach
e. Dealing with failure to comply with requirements
i. Less serious failings
ii. Serious failings
f. Criminal sanctions for non-compliance
g. Referral of non-compliance with statutory requirements to
the attorney general code on the decision to prosecute

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