Our Objectives

The EFCB’s strategic objectives reflect our commitment to the delivery of fair and effective justice. We will:

Develop intelligence to identify potential cases of economic and financial crime commensurate to the risks set out in Guernsey’s National Risk Assessment for Money Laundering and Terrorist Financing;
Diligently and fairly investigate economic and financial crimes and provide evidence of suspected criminal offences to the Law Officers of the Crown for consideration of criminal prosecution;
Diligently and fairly conduct conviction and non-conviction based financial investigations to support legal remedies to recover the proceeds of crime/unlawful conduct;
Collaborate with domestic and international partners (and other stakeholders) engaged in tackling economic and financial crime and uphold Guernsey’s anti-money laundering and counter-terrorist financing agenda;
As an investigator, assiduously uphold and promote the rule of law and deliver justice for victims;
Build an effective and inclusive workforce that treats staff fairly and with respect and dignity; and
Provide value for money in everything we do.

Most, if not all, jurisdictions are subject to money laundering and terrorist financing risks. Guernsey's risks are set out in the National Risk Assessment Report on Money Laundering and Terrorist Financing (the NRA) published in January 2020. A revised assessment will be published in 2023.

The NRA is the most comprehensive assessment of financial risk undertaken by Guernsey's relevant authorities and complies with international standards (FATF Recommendation 1). The document sets out the Bailiwick's greatest money laundering (and terrorist financing) risks by sector and products and helps improve understanding of the financial risks faced by the island. This provides the basis upon which relevant authorities and industry can apply a risk based approach and take action to mitigate the threats. The EFCB's policy and operational approach is entirely risk-based and predicated on the NRA, other strategic and tactical financial assessments and intelligence assessments to ensure known and emerging financial risks and threats are fully considered.

Find out more about the National Risk Assessment at the link below:

Money Laundering and Terrorist Financing NRA - States of Guernsey (gov.gg )