3 August 2023 - The FIU have published its Biennial Review and Statistics for 2021 and 2022. In line with new legislation, the FIU will issue an Annual Report by July each following year. This will be in a new format and branding, and seek to provide further informed FIU comments. This current biennial review provides valuable insight into the level of reporting and the types of criminality that the FIU received over the two-year period it covers, in line with global events.
8 March 2023 - The Jersey FIU has published its 4th statistical report on Q4 2022 SAR Industry Feedback Report. The purpose of this report is to provide industry with feedback relating to recorded data from SARs over the identified quarter.
23 January 2023 - The Jersey FIU has published its 3rd statistical report on Q3 2022 SAR Industry Feedback Report. The purpose of this report is to provide industry with feedback relating to recorded data from SARs over the identified quarter.
8 August 2022 - The Jersey FIU has published its 2nd statistical report on Q2 2022 SAR Industry Feedback Report. The purpose of this report is to provide industry with feedback relating to recorded data from SARs over the identified quarter.
27 May 2022 – The Jersey FIU has published its Q1 2022 SAR Industry Feedback Report. The purpose of this report is to provide industry with feedback relating to recorded data from SARs over the identified quarter.
24 September 2021 - The Jersey FIU is pleased to publish its Statistical Report for 2020 which provides quantitative feedback of financial intelligence received by it during 2020; the report also provides trend analysis covering the three year period 2018-2020 to include volume of SARs (and other financial intelligence) received, reporting by sectors and criminality suspected. It is hoped the issuance of such a report will assist in providing relevant feedback to the submitters of financial intelligence to the Jersey FIU.
The role of the JFCU Presentation
The JFCU offer a one hour presentation on the function of the unit and involves guidance on SARs. This presentation is free of charge. Please book via fiu.admin@jersey.police.je or 612250.
SAR Guidelines
The JFCU have released new Guidelines to completing a SAR. This document is for all the finance industry to use alongside JFSC guidance and internal guidelines. If you would like a member of the JFCU to visit your organisation and discuss the guidelines please made contact with us.
Following the recent Moneyval review and a local review of SARs it has emerged that many are being submitted without important information such as Nationality, Maiden name etc.
In order to maintain high standards of intelligence it may be necessary to reject a SAR that is incomplete.
Scams
For general information on scams please see our Be Safe section for information and advice.
The States of Jersey Police work with ActionFraud, which is the UK's national fraud and internet crime reporting centre. ActionFraud provide a central point of contact for information about fraud and financially motivated internet crime.
Financial Analysis – case examples
The Egmont Training Working Group has published its’ first book of Egmont Financial Analysis Cases.
22 cases include examples of bribery, corruption, drug trafficking, fraud, human trafficking, organised crime, and terrorist financing.
The eBook is available on the Egmont public website at: http://www.egmontgroup.org/
You can download a summary of local sanitised cases relating to SARs that have been received by the JFCU below.
On the Egmont Group website you'll find further case examples:
Case examples on Egmont Group website
