...ecently, Jersey started to implement **international anti-money laundering and counter-financing of the terrorism standards**. Due to this, the **Jersey Financial Services Commission** initiated the first stage of the review and assessment process. risk assessment will be based on collection and analysis of data from the licensees. How are the collection and analysis conducted? First of all...

...uties and the other two being non-executive directors. Also, the majority of the Board has to be permanent Cyprus residents and appropriate knowledge, experience and competence for them is a must. • Administrative, accounting, internal control, risk assessment, digital processing of data systems and confidentiality of data are required to be at the top-notch level. • Also, in order to e...

...iety. He stated: “Their only goal is to get an Estonian license and use it to turn over very large sums, while Estonia gets nothing out of it.” Moreover, the Estonian watchdog has already revoked 1,808 crypto licenses in year 2020. However, a risk assessment performed by the authorities found that changes made up to that point were not enough to mitigate the risks. **Maeker Background** ...