Objections to amendments in a proposed UK Financial Services Bill have been made by the Government of Jersey alongside the governments of Guernsey and the Isle of Man.

Our objections are quite simple – the Financial Action Task Force (FATF) which is the international policy setting expert body for AML/CTF does not recommend public registries. Meanwhile, our Jersey registry, which has been in place for decades, meets global standards requiring that accurate, adequate and timely information is maintained.

Read the full joint statement from the Government of Jersey and the governments of Guernsey and Isle of Man.

Joe Moynihan