Articles from 2024

Please be advised that the Policy & Resources Committee has issued the attached general licence under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations, 2019, as implemented in the Bailiwick by the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit) Regulations, 2020 (the Russia Regulations). The licence can also be found online at www.gov.gg/sanctionsmeasures...

Please be advised that an amendment has been made to the entry in relation to International Gateways Group of Company Limited (IGGC) (Group ID: 15479) on the list of persons designated under the Myanmar (Sanctions) Regulations 2021 (the UK regulations) . The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit)...

The Guernsey Financial Services Commission has today published its 2023 annual report and financial statements . In the annual report, the Commission discusses: its preparations for the Bailiwick’s 2024 MONEYVAL inspection; its continued development of digital technology to enhance performance and streamline processes for industry; and the introduction of the new Lending, Credit and Finance Law...

Please be advised that details in respect of Dmitry Vladimirovich Konov (Group ID: 14735) who is currently subject to an asset freeze and trust services sanctions, have been amended. The individual referred to above appears on the UK’s consolidated list, which can be found here . The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick...

Please be advised that details of the following persons: Abdikadir Mohamed Abdikadir (Group ID: 16500) Mohamed Mohamud Mire (Group ID: 16502) Mohamed Omar Mohamed (Group ID: 16501) who have been designated under the Somalia (Sanctions) Regulations 2021 (the UK regulations), have been amended. They are still subject to an asset freeze. The individuals referred to above appear on the UK’s...

Please be advised that details in respect of Tatiana Vladimirovna Evtushenkova (Group ID: 15880) who is currently subject to an asset freeze and trust services sanctions, have been amended. The individual referred to above appears on the UK’s consolidated list, which can be found here . The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes)...

The Commission wishes to remind all firms responsible for one or more collective investment scheme that the Intermediary Annual Return for 2024 (the "Intermediary Return") is due for submission by 31 May 2024. Firms which are required to complete the Intermediary Return will find it available via the Commission's Online Submissions Portal . Should you see an Intermediary Return on your firm's...

The Commission has today formally become a signatory of IOSCO’s Enhanced Multilateral Memorandum of Understanding (EMMoU). It becomes the sixteenth regulator to be permitted to become a signatory, after a rigorous multi-year evaluation process overseen by the US Securities and Exchange Commission. The EMMoU was designed by IOSCO (The International Organization of Securities Commissions [1] ) to...

Please be advised that the UK’s Burundi financial sanctions regime, as implemented in the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit) Regulations, 2020, has been withdrawn and is therefore no longer in force in the Bailiwick. The consolidated list has been updated and can be found here . Further information on the effect of asset freezes and...