01481 225824 fiu@gba.gov.gg

National Risk Assessment

The Financial Intelligence Unit in conjunction with the other Bailiwick of Guernsey competent authorities, takes a risk-based approach towards money laundering, terrorist and proliferation financing risks when analysing and developing information obtained from suspicious activity reports and other relevant information.   The FIU and other authorities, identity, assess and understand the money laundering, terrorist financing and proliferation financing (ML/TF/PF) risks to which they are exposed and focus their resources on the areas of risk and vulnerabilities identified in the Bailiwicks National Risk Assessment (NRA).

The NRA has been carried out in accordance with the requirement in the Financial Action Task Force Recommendations, this has allowed the  Bailiwick of Guernsey to identify, assess and understand the external and domestic risks it faces and assists the AML/CFT/CPF authorities to mitigate those risks. This includes the risk that Guernsey's financial services businesses may be used to launder the proceeds of crime (for example generated by bribery, corruption, fraud and tax evasion etc.) and to facilitate terrorist and proliferation financing.

Further information on the National Risk Assessment can be found by clicking here.

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