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.
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