Overview
Jersey is a self-governing dependency of the Crown with its own legislative assembly, and administrative, fiscal and legal systems. Jersey generally follows UK and UN sanctions which are implemented under the Sanctions and Asset-Freezing (Implementation of External Sanctions) (Jersey) Order 2021 made under the Sanctions and Asset-Freezing (Jersey) Law 2019.
Under Article 19 of the Sanctions and Asset-Freezing (Jersey) Law 2019, UN and UK asset-freeze designations are effective immediately in Jersey.
National Competent Authorities
The Minister for External Relations is the Competent Authority for Jersey and the Financial Sanctions Implementation Unit coordinates the introduction of sanctions, processes compliance reports and licence applications and publishes financial sanctions notices and guidance.
The Jersey Financial Services Commission has an overall regulatory role with regard to the finance industry generally, which includes checking that institutions have effective systems and procedures to implement compliance with sanctions, and publishes its own guidance.
Sanctions Lists
Jersey does not operate an independent sanctions list from the UK. The UK sanctions list is on the UK page of this site and an explanation of how UK designations take effect in Jersey is available here.
Guidance
Jersey Gazette – asset freeze designations notices
Guidance how to request review if designated under SAFL
Sanctions review request form – designated person
Sanctions and asset-freezing law
Jersey Financial Services Commission – Sanctions Guidance
Jersey Financial Services Commission – About sanctions
Jersey Financial Services Commission – Practical Guidance
Jersey Financial Services Commission – sanctions by country and category
Sanctions obligations and sanctions evasion techniques — Jersey Financial Services Commission
Targeted financial sanctions related to terrorism and terrorist financing (TFS-TF)
Appendix D2 – Countries and territories identified as presenting higher risks
Professional and business-related services: Exemption Guidance
Finance industry and Russian sanctions
Russian sanctions: can you sanction Crypto?
Recording of Russian sanctions regime webinar
Reporting obligations are set out in Article 32 of Sanctions and Asset-Freezing (Jersey) Law 2019 and must be submitted using the sanctions compliance reporting form to sanctions@gov.je.
Licensing
Financial Sanctions Implementation Unit Sanctions Licences and Exemptions Guidance
Sanctions forms for licences and suspected breach notifications
Licence applications must be submitted using the sanctions licence application form to sanctions@gov.je.
sanctions licence application form
