Tag Archives: Financial Intelligence Unit (FIU)

Guernsey gambling still primary origin of money laundering reports

Guernsey gambling still primary origin of money laundering reports

The gambling sector continued to account for the vast majority of all money laundering reports to the Financial Intelligence Unit (FIU) of Guernsey in 2022, according to its latest annual report. Every year the FIU outlines the number of ‘Suspicious Activity Reports’ (SARs), detailing the reasons for the reports, the vast majority of which are sent to relevant UK financial …

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