Anti-money laundering: Legislation with a ‘chilling’ effect

Mark Dunster and Simon Florance consider lessons from the first private law action brought in the Guernsey courts by a person denied access to assets as a result of a suspicious activity report (SAR)

Cases Referenced

  • Jakob International Inc v HSBC Private Bank (CI) Ltd (2016) Royal Court of Guernsey 1 July
  • Liang v RBC Trustees (Guernsey) Ltd (2018) Royal Court of Guernsey 10 May (to be reported in the web reports of Wills and Trusts Law Reports)
  • The Chief Officer Customs & Excise Immigration & Nationality Service v Garnet Investments Ltd (2011) Guernsey Court of Appeal 6 July