First in Jersey: lessons from the Abu Dhabi Commercial Bank case
Eleanor Davies (+44  766254, email@example.com) is an associate at Baker &Partners.
Jersey’s first prosecution of a bank for breach of its AML regime has sent waves through the regulated sector, writes
Eleanor Davies of Baker & Partners. Whether those are waves of interest or panic will depend on a business’s confidence in its own policies
and procedures, but the core lesson is clear: failure to maintain effective AML controls invites punishment.
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