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Data Security Thematic Review

6th February 2012
​The Commission has issued a Thematic Report on Data Security Practices within the Banking Sector of the Bailiwick of Guernsey. Data Security Review February 2012 - A Thematic Report on Practices within the Banking Sector of the Bailiwick of Guernsey

Industry Seminar - 20 October 2011

26th October 2011
​ Welcome Speech - Peter Harwood, Chairman Keynote Speech - Angela Knight Economic Update - Dr Andy Sloan Director General Speech - Nik van Leuven, Director General Policy and International Affairs Speech - Richard Walker, Director of Policy and International Affairs Corporate Governance - Cross Divisional Presentation 1st Presentation - Emma Bailey 2nd Presentation - Fiona Crocker 3rd...

Mr Justin Krzysztof Josef Nicpon

27th September 2011
Mr Nicpon was a director and shareholder of International Alliance Insurance Limited, which was placed into compulsory liquidation on 4 April 2006 by the Royal Court on application by the Commission. International Alliance Insurance Limited was not licensed under The Insurance Business (Bailiwick of Guernsey) Law, 2002 (“the Law”) to undertake insurance business in or from within Guernsey. In 2005...

New Deputy Director of Insurance

22nd September 2011
​ THE Guernsey Financial Services Commission has promoted Caroline Bradley to Deputy Director of the Insurance Division. Mrs Bradley joined the GFSC in 2008 after a long career in insurance. Having started out as a graduate trainee with a major UK insurer, she specialised as a loss adjuster, then, on moving to Guernsey, she spent 13 years working in captive management dealing with all types of...

GFSC signs Memorandum of Understanding with German Supervisory Authority

31st August 2011
The Guernsey Financial Services Commission and Germany’s banking, insurance and securities regulator, BaFin, have signed a Memorandum of Understanding (MoU), which provides a framework for enhanced cooperation between the two supervisory authorities. The MoU has been signed in the spirit of mutual cooperation and information exchange seen as crucial by the G20 countries and international standard...

First Quarter 2011 Investment Statistics

26th May 2011
​ FUNDS UNDER MANAGEMENT CONTINUE TO GROW STATISTICS FOR NON-FUND INVESTMENT SECTOR RELEASED Investment Funds The net asset value of total funds under management and administration grew by £6.2 billion (2.4%) over the quarter ended 31 March 2011 to £263.6 billion. For the year since 31 March 2010, total net asset values increased by £66.2 billion (33.6%). Within these totals, Guernsey domiciled...