Fiduciary

HM Treasury has renewed the final designation of three entities and one individual under the Terrorist Asset-Freezing etc. Act 2010. They therefore remain Designated Persons for the purposes of the Act. In addition, the listing details of the individual have been amended. Details of the entities are available here: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/470500...

​ The Financial Services Commission (Bailiwick of Guernsey) Law, 1987 as amended (“the Financial Services Commission Law”) The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc (Bailiwick of Guernsey) Law, 2000, as amended (the “Fiduciaries Law”)The Protection of Investors (Bailiwick of Guernsey) Law, 1987 as amended (the “POI Law”)The Insurance Managers and Insurance...

​This Notice is issued further to previous Sanctions Notices issued in relation to the removal of two individuals from the list of persons associated with Al-Qaida maintained under United Nations Security Council Resolution 1267, and the addition of eighteen individuals and two entities (“the listed persons”) to the list. Please be advised that corresponding changes have now been made to the list...

Council Regulation (EU) No 208/2014, as implemented in the Bailiwick by the Ukraine (Restrictive Measures) (Guernsey) Ordinance, 2015, the Ukraine (Restrictive Measures) (Alderney) Ordinance, 2015, and the Ukraine (Restrictive Measures) (Sark) Ordinance, 2015, has been amended by Council Implementing Regulation (EU) No 2015/1777. The Implementing Regulation is available here: Council Implementing...

​Burundi (Restrictive Measures) (Guernsey) Ordinance, 2015 The Burundi (Restrictive Measures) (Guernsey) Ordinance, 2015 has been made to give effect to Council Regulation (EU) 2015/1755 concerning restrictive measures in relation to Burundi. The effect of the Regulation is to freeze the funds and economic resources of listed persons, entities and bodies responsible for undermining democracy or...

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 the Al-Qaida Network: Al-Qaida Network This Notice is issued further to previous Sanctions Notices issued in relation to the removal of one natural person from the list of persons associated with Al-Qaida...

Council Decision 2014/512/CFSP (EU) No 1352/2014, as implemented in the Bailiwick by the Russian Federation (Restrictive Measures) (Guernsey) Ordinance 2014, the Russian Federation (Restrictive Measures) (Alderney) Ordinance 2014 and the Russian Federation (Restrictive Measures) (Sark) Ordinance 2014 has been amended by Council Decision (CFSP) 2015/1764. The amending Decision is available here...

On the 18 September 2015, the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) issued an updated public statement in respect of Bosnia & Herzegovina. The statement confirmed that MONEYVAL was satisfied that sufficient changes had been made to its AML/CFT legislation to merit removal of its request to members that their financial...

Please be advised that on 29 September 2015 the United Nations Security Council added 4 individuals and 2 entities (“the listed persons”) to 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 including financial sanctions. Further information about the listed person is available...