Policy & Resources Committee - P.2023/98
The States are asked to decide:-
Whether, after consideration of the Policy Letter entitled 'Amendments Relating to Jurisdictional Counter Measures and Sanctions' dated 22nd August, 2023, of the Policy & Resources Committee, they are of the opinion:-
1. To agree that
i. the Terrorism and Crime (Bailiwick of Guernsey) Law, 2002 shall be amended as necessary to enable the Policy & Resources Committee to apply countermeasures to countries carrying out money laundering, terrorist financing or weapons development activity, as set out in section 2 of this Policy Letter;
ii. the Sanctions (Bailiwick of Guernsey) Law, 2018 and the Terrorist Asset Freezing (Bailiwick of Guernsey) Law, 2011 shall be amended as necessary to introduce statutory requirements in relation to the functions of the Policy & Resources Committee concerning financial sanctions, as set out in section 3 of this Policy Letter;
iii. the Proceeds of Crime (Criminal Justice) (Proceeds of Crime) Law, 1999 shall be amended as necessary to specify that preventive measures apply to terrorist financing and sanctions breaches, as set out in section 4 of this Policy Letter.
2. To direct the preparation of such legislation as may be necessary to give effect to the above decisions.
