More companies giving employees input in risk assessments

The Island's financial regulator says more companies are giving all employees a say in their business risk assessments.

The Financial Services Authority has published the results of a review into the assessments by trust and corporate service providers which took place last year.

Its data shows 39 per cent said all employees were involved in risk assessments for money-laundering and financing terrorism, compared to 30 per cent the previous year.

The FSA says a second phase of the review is underway, with results expected to be published next year.