On the sofa with...

Collas Crill Of Counsel Nin Ritchie and Executive Director of Collas Crill Compliance Sandra Lawrence discuss the legal obligations of reporting suspicion in Guernsey.
As well as clarifying the definition of suspicion in relation to making a suspicious activity report (SAR), they talk about the roles and responsibilities of a firm's MLRO and board when it comes to making a disclosure. Sandra also covers off the Guernsey Financial Services Commission's thematic on reporting suspicion and the required SAR policies and procedures that should be in place within all firms.

Of Counsel Nin Ritchie and Collas Crill Compliance's Executive Director Sandra Lawrence advise on how to prepare for a regulatory visit in Guernsey and the pitfalls of failing to prepare.

In our latest 'On the Sofa' podcast, head of our BVI dispute resolution team David Harby is joined by Kristina Kicks of Interpath and Mark Pearce of Gately Plc to discuss all things crypto; including the interesting issues raised in the BVI, with reference to UK guidance, by Philip Smith v Torque Group Holdings Limited regarding the treatment and ownership of crypto assets in an insolvency situation.

Of Counsel Nin Ritchie and Collas Crill Compliance's Executive Director Sandra Lawrence discuss the recent judgment in Jersey in relation to LGL Trustees Limited which led to fines being imposed on them for two breaches of the Money Laundering Order.
Nin and Sandra discuss the judgment and what businesses can learn from the Court's decision in terms of risk assessment and client due diligence throughout a business relationship.

In the first episode of our 'On the sofa' podcast, Senior Associate Nin Ritchie and Director of Collas Crill Compliance Sandra Lawrence discuss cyber security rules and guidance in Guernsey and offer practical tips and advice to help you follow them.