Obligations Register

Interpreted · in-scope · linked

Obligations Register

Replaces your obligation register spreadsheet. Each is interpreted, scoped to applicable licences and linked downstream to risks, controls, evidence, tests and policy artefacts. The Licence column shows which JFSC permission types each obligation bites against — filter to see how a single-licence vs multi-licensed entity's register changes.

Total (filtered)

793

In scope

272

Cross-licence

656

Domains covered

Verified sources

102 / 793

Obligations

Licence

JFSC-AML-S10-RET
Retain CDD records, SAR records, supporting evidence and internal escalation notes for at least five years.
SAR / STR Reporting · JFSC AML/CFT Handbook §Section 10 · Effective 31 May 2026 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
AML_REPORTING
Verification
Verified
Source
✓ Verified
Residual (CRA)
—
RCSA
—
Scope · weight
JFSC-AML-S11-001
Deliver AML/CFT training to all relevant employees on appointment and at regular intervals thereafter, with attendance recorded.
AML / CFT · JFSC AML/CFT Handbook §Section 11 · Effective 31 May 2026 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
AML_CFT
Verification
Verified
Source
✓ Verified
Residual (CRA)
moderate
RCSA
—
Scope · weight
JFSC-AML-S12-ABC
Maintain anti-bribery and corruption policies, including gift and hospitality registers and third-party due diligence.
Bribery, Fraud & Tax Evasion Facilitation · JFSC AML/CFT Handbook §Section 12 · Effective 31 May 2026 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
FINANCIAL_CRIME_OTHER
Verification
Verified
Source
✓ Verified
Residual (CRA)
elevated
RCSA
—
Scope · weight
JFSC-AML-S12-CFA
Maintain reasonable prevention procedures against the facilitation of UK and foreign tax evasion (CFA 2017 extraterritorial reach).
Bribery, Fraud & Tax Evasion Facilitation · JFSC AML/CFT Handbook §Section 12.4 · Effective 31 May 2026 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
FINANCIAL_CRIME_OTHER
Verification
Verified
Source
✓ Verified
Residual (CRA)
elevated
RCSA
—
Scope · weight
JFSC-AML-S12-WB
Operate a confidential whistleblowing channel and protect employees who raise concerns in good faith.
Bribery, Fraud & Tax Evasion Facilitation · JFSC AML/CFT Handbook §Section 12.6 · Effective 31 May 2026 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
FINANCIAL_CRIME_OTHER
Verification
Verified
Source
✓ Verified
Residual (CRA)
elevated
RCSA
—
Scope · weight
JFSC-AML-S2-001
Maintain a documented, board-approved AML/CFT business risk assessment, reviewed at least annually.
AML / CFT · JFSC AML/CFT Handbook §Section 2 · Effective 31 May 2026 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
AML_CFT
Verification
Verified
Source
✓ Verified
Residual (CRA)
moderate
RCSA
—
Scope · weight
JFSC-AML-S4-BO
Identify and verify the beneficial owner of every customer, including natural persons exercising ultimate effective control.
Customer Due Diligence · JFSC AML/CFT Handbook §Section 4.5 · Effective 31 May 2026 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
AML_CDD
Verification
Verified
Source
✓ Verified
Residual (CRA)
—
RCSA
—
Scope · weight
JFSC-AML-S4-EDD
Apply enhanced due diligence to higher-risk customers, products, jurisdictions and delivery channels.
Customer Due Diligence · JFSC AML/CFT Handbook §Section 4.6 · Effective 31 May 2026 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
AML_CDD
Verification
Verified
Source
✓ Verified
Residual (CRA)
—
RCSA
—
Scope · weight
JFSC-AML-S4-OM
Conduct ongoing monitoring of business relationships, including transaction scrutiny and periodic refresh of CDD information.
Customer Due Diligence · JFSC AML/CFT Handbook §Section 4.7 · Effective 31 May 2026 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
AML_CDD
Verification
Verified
Source
✓ Verified
Residual (CRA)
—
RCSA
—
Scope · weight
JFSC-AML-S6-PEP
Screen all customers and beneficial owners against PEP and sanctions lists at onboarding and on an ongoing basis.
PEPs & Sanctions · JFSC AML/CFT Handbook §Section 6 · Effective 31 May 2026 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
AML_PEP
Verification
Verified
Source
✓ Verified
Residual (CRA)
—
RCSA
—
Scope · weight
JFSC-AML-S6-PEP-APP
Obtain senior management approval before establishing or continuing a PEP relationship and establish source of wealth and funds.
PEPs & Sanctions · JFSC AML/CFT Handbook §Section 6.4 · Effective 31 May 2026 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
AML_PEP
Verification
Verified
Source
✓ Verified
Residual (CRA)
—
RCSA
—
Scope · weight
JFSC-COP-BANK-1.1
Do not structure arrangements or refrain from action to evade Banking Code responsibilities or their consequences.
Governance & Senior Management · JFSC Codes of Practice for Deposit-Taking Business §Paragraph 1.1 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
GOVERNANCE
Verification
Verified
Source
citation only
Residual (CRA)
elevated
RCSA
—
Scope · weight
JFSC-COP-BANK-2.2
Avoid conflicts of interest, or manage them through disclosure, information barriers, or declining to act.
Conduct of Business · JFSC Codes of Practice for Deposit-Taking Business §Paragraph 2.2 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
CONDUCT
Verification
Verified
Source
citation only
Residual (CRA)
moderate
RCSA
—
Scope · weight
JFSC-COP-BANK-2.3
Execute lawful customer instructions promptly and accurately on a best-endeavours basis.
Conduct of Business · JFSC Codes of Practice for Deposit-Taking Business §Paragraph 2.3 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
CONDUCT
Verification
Verified
Source
citation only
Residual (CRA)
moderate
RCSA
—
Scope · weight
JFSC-COP-BANK-3.10
Operate a whistleblowing channel allowing employees to raise concerns confidentially to the board or senior management, bypassing line management.
Governance & Senior Management · JFSC Codes of Practice for Deposit-Taking Business §Paragraph 3.10 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
GOVERNANCE
Verification
Verified
Source
citation only
Residual (CRA)
elevated
RCSA
—
Scope · weight
JFSC-COP-BANK-3.2
Jersey-incorporated banks must maintain at least two Jersey-resident directors, an appropriate number of NEDs, and documented director-selection procedures.
Governance & Senior Management · JFSC Codes of Practice for Deposit-Taking Business §Paragraph 3.2 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
GOVERNANCE
Verification
Verified
Source
citation only
Residual (CRA)
elevated
RCSA
—
Scope · weight
JFSC-COP-BANK-3.3
Jersey branches must appoint a resourced local management function and a designated appointed senior officer outside Jersey.
Governance & Senior Management · JFSC Codes of Practice for Deposit-Taking Business §Paragraph 3.3 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
GOVERNANCE
Verification
Verified
Source
citation only
Residual (CRA)
elevated
RCSA
—
Scope · weight
JFSC-COP-BANK-3.7
Maintain a board-approved, documented and implemented risk management strategy covering identification, assessment, monitoring and control of all significant risks.
Governance & Senior Management · JFSC Codes of Practice for Deposit-Taking Business §Paragraph 3.7 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
GOVERNANCE
Verification
Verified
Source
citation only
Residual (CRA)
elevated
RCSA
—
Scope · weight
JFSC-COP-BANK-3.9
Produce timely management information sufficient to monitor business performance and risk exposures.
Governance & Senior Management · JFSC Codes of Practice for Deposit-Taking Business §Paragraph 3.9 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
GOVERNANCE
Verification
Verified
Source
citation only
Residual (CRA)
elevated
RCSA
—
Scope · weight
JFSC-COP-BANK-4.1
Disclose JFSC regulated status to customers.
Conduct of Business · JFSC Codes of Practice for Deposit-Taking Business §Paragraph 4.1 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
CONDUCT
Verification
Verified
Source
citation only
Residual (CRA)
moderate
RCSA
—
Scope · weight
JFSC-COP-BANK-4.2
Communicate with customers in a way that is adequate, fair and not misleading, and confirm transactions in legible form.
Conduct of Business · JFSC Codes of Practice for Deposit-Taking Business §Paragraph 4.2 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
CONDUCT
Verification
Verified
Source
citation only
Residual (CRA)
moderate
RCSA
—
Scope · weight
JFSC-COP-BANK-5.1
Jersey-incorporated banks must hold a minimum of £5 million Tier 1 capital at all times.
Capital Adequacy · JFSC Codes of Practice for Deposit-Taking Business §Paragraph 5.1 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
BANK_CAPITAL
Verification
Verified
Source
citation only
Residual (CRA)
—
RCSA
—
Scope · weight
JFSC-COP-BANK-5.16
Obtain prior JFSC approval (LE25) for any exposure to a counterparty or group of connected counterparties exceeding 25% of agreed capital resources.
Large Exposures · JFSC Codes of Practice for Deposit-Taking Business §Paragraph 5.16 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
BANK_LARGE_EXPOSURES
Verification
Verified
Source
citation only
Residual (CRA)
—
RCSA
—
Scope · weight
JFSC-COP-BANK-5.2
Hold capital commensurate with the nature, scale and full risk profile of the business (beyond the absolute minimum).
Capital Adequacy · JFSC Codes of Practice for Deposit-Taking Business §Paragraph 5.2 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
BANK_CAPITAL
Verification
Verified
Source
citation only
Residual (CRA)
—
RCSA
—
Scope · weight
JFSC-COP-BANK-5.21
Report every counterparty (or connected-counterparty group) exposure above 10% of ACR in the quarterly prudential return.
Large Exposures · JFSC Codes of Practice for Deposit-Taking Business §Paragraph 5.21 · entity
Priority
Workload · Low
Licence
Bank
Owner
Domain
BANK_LARGE_EXPOSURES
Verification
Verified
Source
citation only
Residual (CRA)
—
RCSA
—
Scope · weight