This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
First in Jersey: lessons from the Abu Dhabi Commercial Bank case
Eleanor Davies (+44  766254, firstname.lastname@example.org) 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.
The rest of this document is only available to i-law.com online
If you are already a subscriber, please enter your details below to log in.