To its supporters cryptocurrency (or virtual assets, aka VAs) is a brave new world, a digital asset that exists across computer networks, outside the control of governments and central authorities, bringing cheaper and faster money transfers for those otherwise excluded from the financial system. To its detractors it is a bubble waiting to burst, or … Read more Risky (virtual asset) business?
“Don’t you ever get bored of doing the same job for all this time Dad?” my children (19 and 25) ask me. Their career paths have been quite different, going into the private sector to work in Jersey and London. While I reflect on this, I can definitely say that even after 36 years of … Read more Why JCIS is still keeping me interested after 36 years: Mark Cockerham
While the NPO sector presents medium to low risk of being abused or misused for terrorist financing, the law has been updated with the aim of protecting them from the risk.
I’m Charlie Martell, the Officer Commanding your Field Squadron. Myself and my team play an important role here, but what do we do and where have I come from? My background I have enjoyed a career in the Regular Army, prior to my current career in the Army Reserve, deploying on operations to Saudi Arabia, … Read more Why Jersey’s Field Squadron and not the Royal Navy, or farming?
Sanctions imposed by the UK and Jersey against entities and individuals in Russia and Belarus apply to cryptoassets (see the OFSI, FCA and Bank of England Joint statement ). Which leads to the question: When is an asset a cryptoasset? The simple answer – which may not help a great deal – is that there … Read more Russian sanctions: can you sanction Crypto?
The economic measures imposed on Russia following the invasion of Ukraine last month are already the largest package of sanctions ever imposed against a G20 nation, and there are more to come. Before the invasion, more than 250 Russian individuals and entities were designated for an asset freeze. In the week afterwards, a little over … Read more Russian sanctions: the impact so far
I came to Jersey last Easter with my husband, three children and our golden retriever. It definitely took quite a lot of re-adjusting to live in Jersey and work for the Government here, but we’re all really settled in now and loving Island life. We’ve enjoyed the winter much more than people suggested we might, … Read more Meet our Prison Governor
How do you catch criminals? More exactly, how do you catch people using the financial system to shift, grow and conceal criminal assets? First, you have to know what they’re doing. A proposal lodged this week will, if approved by the States of Jersey (the Island’s Parliament), boost our ability to track those trying to … Read more Increase Your (Financial) Intelligence
Statistics just released by the United Kingdom Met Office confirm that the Channel Island weather radar data was available 98.7% of the time throughout 2021. The figures are based on the percentage of radar images taken every five minutes, reaching the Met Office UK network. This ranks the Channel Island weather radar as one of … Read more Channel Island Weather radar – among the most reliable