THE STATES make these Regulations under Article 39 of the Sanctions and Asset-Freezing (Jersey) Law 2019[1] –

“(4)    A relevant statutory authority must give information, held by that authority, to the Minister as soon as practicable if –

(a)     the information came to the relevant statutory authority in the course of carrying out a function conferred on it under an enactment; and

(b)     the relevant statutory authority believes that giving the information would facilitate –

(i)      the performance of a function of the Minister under this Law, or

(ii)      the investigation or prosecution of an offence under this Law.

(5)     For the purpose of paragraph (4) a relevant statutory authority is –

(a)     the Jersey Financial Services Commission, established by the Financial Services Commission (Jersey) Law 1998[3]; and

(b)     any other person specified in an Order under paragraph (6).

(6)     The Minister may by Order specify a person if –

(a)     the person is established by an enactment; and

(b)     the Minister is satisfied, after consulting that person, that the person has a function that is likely to result in the person holding information that could facilitate –

(i)      the performance of a function of the Minister under this Law, or

(ii)      the investigation or prosecution of an offence under this Law.”.