Articles from 2024

Please be advised that details in respect of Pavel Sergeevich BARCHUGOV (Group ID: 15545) Konstantin DENISOV (Group ID: 15765) FRACTAL MARINE DMCC (Group ID: 16392) who are currently subject to an asset freeze and trust services sanctions, have been amended. The persons/entities referred to above appear on the UK’s consolidated list, which can be found here . The UK regulations are given effect...

An exciting line-up of speakers has been confirmed for a technology conference jointly hosted by the Guernsey Financial Services Commission and Guernsey Finance. ‘Finovation: The Guernsey Edge’, taking place on Wednesday 11 September, will consider the opportunities for Guernsey to leverage its nimbleness, robust legal framework and approach to regulation to make financial services better with...

Investec Bank (Channel Islands) Limited is a wholly owned subsidiary of Investec Bank plc and is regulated by the Guernsey Financial Services Commission . It has been noted that criminals have been using the company’s details in an attempt to commit fraud. The fraud scheme has included posting adverts on social media sites offering fraudulent and misleading offers not connected to the genuine bank...

Please be advised that the following person has been removed from the UK Russia financial sanctions regime and is no longer subject to an asset freeze or trust services sanctions: Aleksei Nikolaevich FILIPPOVSKII (Group ID: 16435) The consolidated list has been updated and can be found here . The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes...

Credit Suisse Trust Limited is a Guernsey registered company and is licensed by the Commission. However, it has been noted that criminals have been using the company’s details in an advance fee fraud. The fraud scheme has included the setting up of a fake website in the name of CST-Efinancien and falsely claiming that it is part of Credit Suisse Trust Limited. Anyone seeking to conduct business...

First Quarter 2024 Guernsey Funds The total net asset value of Guernsey funds at the end of the quarter was £292.5 billion, an increase over the quarter of £2.6 billion (+0.9%). Over the past year, total net asset values have increased by £3.8 billon (+1.3%). Closed-ended Schemes Within these totals, Guernsey closed-ended funds increased over the quarter by £1.4 billion (+0.6%) to £241.5 billion...

Please be advised that the following individuals and entities: Diamville (Group ID: 16505) Wood International Group Sarlu (Group ID: 16512) have been designated under the Central African Republic (Sanctions) (EU Exit) Regulations 2020 (the UK regulations). The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit)...

Please be advised that the following ships have been specified under the Russia (Sanctions) (EU Exit) Regulations 2019 (the UK regulations): ANGARA (IMO 917842) (Unique ID: RUS2160) OCEAN AMZ (IMO 9394935) (Unique ID: RUS2158) ROBON (IMO 9144782) (Unique ID: RUS2159) NS LAGUNA (IMO 9339325) (Unique ID: RUS2163) LADY R (IMO 9161003) (Unique ID: RUS2129) CANIS POWER (IMO 9289520) (Unique ID: RUS2161...

Please be advised that the following persons/entities have been designated under the Russia (Sanctions) (EU Exit) Regulations 2019 (the UK regulations) are now subject to an asset freeze and trust services sanctions : Public Joint Stock Company Moscow Exchange Group (Unique ID: RUS2114) Central Counterparty National Clearing Centre (Unique ID: RUS2115) Joint Stock Company National Settlement...