Jersey's Proceeds of Crime (Amendment No.7) Law 2022 came into force on 24 June 2022, creating the new offence of failure to prevent money laundering, reducing the jurisdiction's exposure to the layering stage of money laundering in line with Financial Action Task Force (FATF) recommendations. The law also makes further provisions for where offences are committed by limited liability partnerships, separate limited partnerships, incorporated limited partnerships and other bodies corporate...