Tag Archives: GFSC

You’d need Speedy Gonzales for all this

Posted on August 11, 2021 by Susan Grossey author

The pandemic has put many things on hold – holidays, weddings, house moves – but not the requirement to provide staff with AML/CFT training. As we head towards September, and people’s minds turn towards a new school term, I am … Continue reading →

Posted in Uncategorized | Tagged AML, communication, due diligence, financial crime, GFSC, Guernsey, Guernsey Financial Services Commission, legislation, money laundering, regulator, training | Leave a comment

Video killed the KYC star

Posted on November 18, 2020 by Susan Grossey author

I have been very lucky during my career: thanks to my insatiable quest for information about money laundering and AML, I have learned so much from so many people. The key, I think, is to listen carefully and to see … Continue reading →

Posted in Uncategorized | Tagged AML, CDD, FCA, GFSC, Guernsey, guidance, identity, KYC, MLRO, money laundering, passport, video ID | 16 Comments

Glategny Court jester

Posted on August 8, 2018 by Susan Grossey author

“Please God don’t let it be money laundering” and “Heavens above, why can’t they get the concept of source of wealth?” may well be familiar phrases in the lexicon of the MLRO. But although a greater power – greater even … Continue reading →

Posted in AML, General thoughts, Regulation | Tagged AML, chaplain, financial crime, FIU, GFSC, Guernsey, Guernsey Financial Services Commission, ML Regulations, money laundering | Leave a comment

Training across the Board

Posted on December 18, 2017 by Susan Grossey author

At the end of each year I do a review of what I have done during that year. Each time I issue an invoice I categorise it by jurisdiction, by sector and by activity type, and this enables me to … Continue reading →

Posted in AML, Regulation, Training | Tagged AML, corporate governance, GFSC, governance, Guernsey, Guernsey Financial Services Commission, money laundering, risk, training | 4 Comments

Do unto others

Posted on December 13, 2017 by Susan Grossey author

The Guernsey Financial Services Commission has been rather busy recently, what with working away on revised AML/CFT legislation and guidance, and now putting out a pair of publications to explain why and how they regulate the Bailiwick’s financial services sector. In … Continue reading →

Posted in AML, Due diligence, Legislation, Money laundering | Tagged AML, communication, due diligence, financial crime, GFSC, Guernsey Financial Services Commission, money laundering, regulation, regulator, risk-based approach | 2 Comments

I’ll tell you what I want, what I really, really want

Posted on September 6, 2017 by Susan Grossey author

Regular readers will know that when it comes to consultations, I am Pavlov’s respondent: tell me you want my opinion and I’m slavering to give it. Indeed, so regular is my participation that I have a whole email folder entitled … Continue reading →

Posted in AML, Money laundering, Publications, Uncategorized | Tagged AML, consultation, FCA, Gambling Commission, GFSC, guidance, HM Treasury, JMLSG, legislation, money laundering | 3 Comments

Guernsey’s training report card

Posted on June 16, 2016 by Susan Grossey author

Earlier this month the Guernsey Financial Services Commission (one of my very favourite regulators – yes, I do have favourite regulators, and favourite FIUs too) published a thematic report on financial crime training. In it are the results of a … Continue reading →