Specialist Off Shore Financial Compliance services
In order to comply with the latest PREVENTION AND DETECTION OF MONEY LAUNDERING & THE FINANCING OF TERRORISM requirements, as regulated by the JERSEY FINANCIAL SERVICES COMMISSION organisations will be required to show that they have undertaken steps to vet their staff. This will not only apply to individuals working under a contract of employment, but must also include temporary and contract staff, and the staff of any third parties fulfilling a function in relation to a relevant person under an outsourcing agreement.
To demonstrate that vetting procedures are appropriate will require one or more of the following checks as appropriate for the nature of the employee's role and responsibilities:
Obtain and confirm ID & address
Obtain and confirm references
Obtain and confirm employment history and qualifications
Obtain details of any regulatory action taken against the individual (or absence of such)
Obtain and confirms details of any criminal convictions (or absence of such convictions).
Working with the Jersey based, Comsure team of regulatory compliance experts who are well versed in providing top-level advice on minimising business' exposure enables our screeners to provide a unique Off Shore service.
If you would like further details or to attend one of our Island based workshops contact either James Brooker or Mathew Beale or Click to download a brochure.
