Consultation on AML/CFT Obligations upon VASPS and Additional Obligations upon Licensed Trustees and Partners

Closed 3 Jul 2023

Opened 9 Jun 2023

Results updated 11 Jul 2023



This consultation paper seeks comments on:

  1. Proposed rules and guidance for virtual asset service providers (“VASPs”) on information requirements for virtual asset transfers and general guidance for VASPs and specified businesses with a connection to, or involvement with, virtual assets, on how to meet the requirements of Schedule 3 to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law 1999 (“the POC Law”) and rules in the Handbook on Countering Financial Crime and Terrorist Financing (“the Handbook”). These rules and guidance are in a new chapter of the Handbook.
  2. Proposed additional rules and guidance for trustees of trusts and partners (excluding limited partners) of partnerships and limited partnerships without legal personality to hold information on the identity of other regulated agents and service providers to a trust or partnership, and disclose their status as trustee or partner. These rules will apply to licensed trustees and licensed partners.

Please see linked consultation paper below.


  • Anyone from any background