Channel Finance

Jersey may have been vulnerable to money laundering, due to lack of training

A report says a shortage of funding meant the Financial Intelligence Unit's staff did not have up-to-date skills to deal with developments in financial crime.

Community Savings to support 'financially excluded' in Guernsey

The charity offers basic banking services for people with debt problems, former prisoners, or those who wouldn't be able to open a mainstream account otherwise.

'Catalogue of failures' by Jersey-based finance firm

An investigation found that Lumiere Wealth Limited had broken a number of rules by not offering clients suitable investment advice, not having adequate insurance and providing false and misleading information to the regulator.