High-risk money-laundering sectors include sports bodies, porn and oil

The Island's financial regulator has issued new advice about commercially exposed persons - including arms dealers, oil barons and porn stars.

On its website, the Financial Services Authority says people at the higher levels of certain industries need extra vigilance because they're more likely to be exposed to bribery and corruption.

It says that means enhanced measures are needed to protect against money-laundering and terrorism financing.

It's listed figures showing Island companies have 573 clients in the weapons trade, 56 in high-profile sports bodies and 24 in the adult entertainment industry.