Articles from 2015

Please be advised that the United Nations Security Council has amended the list of persons associated with Al-Qaida maintained under United Nations Security Council Resolution 1267. All persons on the list are subject to restrictive measures which include targeted financial sanctions. The details in respect of two individuals on the list have been updated. Further information is available here...

​The Commission is aware that there has been a recent increase in attempts by a criminal group to target local businesses with distributed denial of service attacks. The Guernsey Police have issued the below warning, via the States of Guernsey website, explaining the background to the attacks and detailing the steps that businesses should take to protect their networks from attack: http://www.gov...

​On 17 August 2015, the Commission made the following Prohibition Orders against Martyn Paul Gordon (Date of Birth 22 July 1972) of La Corniche, La Mine Doree, Rue de la Boullerie, St Andrews, Guernsey, GY6 8XQ: The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc. (Bailiwick of Guernsey) Law, 2000​from 17 August 2015 until 16 August 2029: any function in relation to...

Date of prohibition order, law under which made and prohibited functions:​ The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc. (Bailiwick of Guernsey) Law, 2000​from 17 August 2015 until 16 August 2029: any function in relation to a regulated activity carried on by or for a licensed fiduciary. The Protection of Investors (Bailiwick of Guernsey) Law, 1987from 17...

A presentation on “Guernsey Financial Advice Standards – Qualified and Competent” has been given to the local branch of the Chartered Institute for Securities & Investment by the Commission. This presentation, which was followed by a question and answer session, aimed to raise awareness of the qualification and competence requirements on Financial Advisers who give advice to retail clients on...

Please be advised that the United Nations Security Council has amended the list of persons associated with Al-Qaida maintained under United Nations Security Council Resolution 1267. All persons on the list are subject to restrictive measures which include targeted financial sanctions. The effect of the amendments is to add one entity to the list, and to amend the details in respect of an...

​Please be advised that there have been a number of developments in relation to the Bailiwick's sanctions regime, which are set out below. These developments concern sanctions relating to Afghanistan, Al-Qaida Network, Belarus, Iran and Terrorism and Terrorist Financing. AFGHANISTAN Council Regulation (EU) No 753/2011, as implemented in the Bailiwick by the Afghanistan (Restrictive Measures)...

Council Implementing Regulation (EU) No 284/2014 in respect of Council Regulation (EU) No 269/2014 of 17 March 2014, as implemented in the Bailiwick by the Territorial Integrity etc. of Ukraine (Restrictive Measures) (Guernsey) Ordinance, 2014, the Territorial Integrity etc. of Ukraine (Restrictive Measures) (Alderney) Ordinance, 2014, and the Territorial Integrity etc. of Ukraine (Restrictive...

Pursuant to section 1(1) of the Protection of Investors (Administration and Intervention) (Bailiwick of Guernsey) Ordinance, 2008 on 31 July 2015 the Commission successfully made an application to the Royal Court of Guernsey, Ordinary Division, for an Administration Order to be made in respect of the affairs, business and property of Bordeaux Services (Guernsey) Limited (“Bordeaux”).The...