Introduction

The GFSC is committed to meeting International standards on Anti Money Laundering and Combating the Financing of Terrorism. We play a key role in Gibraltar’s overall approach to combating money laundering (ML) and terrorist financing (TF). Our risk based supervisory approach to ML/TF risks is being enhanced to ensure that it is focused, driven and separately accountable specific to the ML/TF threat to the jurisdiction so that we are able to demonstrate that any regulatory or supervisory engagement/intervention is proportionate to the level of ML/TF risk, and also takes into account the National Risk Assessment.

1. National Risk Assessment: Download

2. Proceeds of Crime Act: Download

3. Slides - March MONEYVAL presentation: Download

4. Slides - September Financial Crime update: Download

 

Anti-Money Laundering Guidance Notes

In this page you will find the GFSC’s ongoing approach to addressing money laundering and terrorist financing risks. Please see the Guidance Notes on Systems of Control to Prevent the Financial System from Being Used for Money Laundering or Terrorist Financing Activities for further information. In addition, please refer to recent newsletters published by the National Coordinator for anti-money laundering and the combating of terrorist financing. 

Addressing the threat of financial crime is one of the GFSC’s Objectives. As such, we have a dedicated Financial Crime team tasked with mitigating ML/FT risks.  

The Financial Crime team can be contacted via email at amlcft@gfsc.gi, or via telephone: +350 200 40283. 

Guidance Note 

Suspicious Activity Report  

MLRO Annual Report

Compliance Report 

Auditors Supplement

National Coordinator Newsletters:

4MLD and amendements to POCA

NPOs and the risk of abuse from terrorist funding