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JERSEY FIU [JFIU] SAR Statistics for #2024 Q4 published.
03/02/2025
The JFIU have published our Suspicious Activity Report (SAR) Statistics for #2024 Q4, which can be read here:
- https://go.fiu.je/2024Q4
- https://cdn.prod.website-files.com/6464df252c82010a0d5f893f/679ce03eeb33bcc813bbe9da_20250125_1035_V1%20FIU%20SAR%20Q4%202024%20Report.pdf
Key highlights from this report show:
👉 Number of SARs:
- A total of 483 SARs were submitted to the FIU in Q4.
- This was a 7.6% increase when compared to the same period in 2023 and
- An increase of 17.5% when compared to the previous quarter of Q3 2024.
👉 Quality of Reporting:
- Q4 had the highest number of SARs, which was assessed as being of good standard, and the lowest number of reports did not meet the required standard.
👉 Criminality Activity:
- The highest areas of criminality selected by quarter were
- Fraud and
- Other—undetermined,
- Tax crimes and
- Corruption.
👉 Consent Requests:
- There were 601 consent requests in Q4 and
- 2,159 consent requests overall for 2024.
The report also includes a scenario related to potential typology relevant to Jersey, focusing on
- Bribery and corruption in the Trust Company Service Provider (TCSP) sector.
SOURCE
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