In its 19th June review of recent litigation developments in Jersey, Ogier provided an update on the above law.  It says that following Moneyval’s inspection of Jersey’s AML regime in 2015 and its subsequent report issued in May 2016 there has been a focus in Jersey to implement law and policy that will lead to more prosecutions related to financial crime.  One of the key recommendations in the MONEYVAL report was the introduction of a non-conviction based confiscation regime in Jersey to apply in parallel with the conviction-based system.  The Draft Law introduces the concept of a “civil forfeiture investigation”.  The law includes provisions for production orders; disclosure orders; account monitoring orders against banks; and customer information orders against banks.


Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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