About The Bureau

The EFCB is located in the Bailiwick of Guernsey in the Channel Islands off the coast of Normandy, north-west France.

The Bailiwick of Guernsey is a Crown Dependency and is the second largest of the Channel Islands. It is not part of the United Kingdom although defence and most aspects of international relations are managed by the British Government. Guernsey is a self-governing parliamentary representative democracy and its deliberative assembly is called the States of Deliberation consisting of c38 elected People's Deputies.  As an international finance centre, Guernsey has its own legal and tax systems and has a mature and well regulated financial industry. 

We will investigate economic and financial crime, deliver justice for victims, help protect Guernsey's reputation as an internationally renown financial centre and make the Bailiwick a safe place to conduct business. Our investigations will reflect Guernsey's financial risks set out in the NRA and wherever possible we will recover the proceeds of crime/unlawful conduct using all available legal remedies at our disposal. As agents for the Law Officers in their role as the competent authority for mutual legal assistance, we will assist overseas jurisdictions in their financial crime investigations and help them to recover the proceeds of crime.

We aim to achieve excellence in everything we do and to make the Bailiwick a hostile environment for criminals. As an investigator, we will diligently do our part to uphold justice in concert with the Law Officers and our partners.

MONEYVAL is a permanent monitoring body of the Council of Europe entrusted with the task of assessing compliance with international standards to counter money laundering, the financing of terrorism and the effectiveness of their implementation, as well as making recommendations to national authorities in respect of necessary improvements to their systems. 

Moneyval's system of peer review is based on the Financial Action Task Force (FATF) model though the process of self-assessment and mutual evaluations are undertaken against a more extensive set of anti-money laundering and terrorist financing standards. The evaluation process of participating States is based on several rounds and the next mutual evaluation for Guernsey falls within the Fifth evaluation round that will commence in the spring of 2024. Guernsey will be assessed primarily against the most recent version of the FATF methodology that will focus on eleven ratings of effectiveness of Immediate Outcomes; each of these ratings will, to a large extent, cover different parts of the AML/CFT system. Five of these Immediate Outcomes directly relate to criminal justice performance.