Investment

The Commission has announced the appointment of Dr. Kirsty Hood QC to its panel of Senior Decision Makers. Senior Decision Makers are required to sit and hear those cases involving serious findings against a licensee and/or individual Directors where those findings are contested by the licensee. Where a case is proven, the Senior Decision Maker will determine what penalties should be imposed upon...

​Council Regulation (EU) No 267/2012, as implemented in the Bailiwick by the Iran (Restrictive Measures) (Guernsey) Ordinance, 2012, the Iran (Restrictive Measures) (Alderney) Ordinance, 2012 and the Iran (Restrictive Measures) (Sark) Ordinance, 2012, has been amended by Council Implementing Regulation (EU) 2016/1375. The Implementing Regulation is available here: Commission Implementing...

This Notice is issued further to a previous Sanctions Notice issued in relation to the addition of two individuals to the list of persons associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267. Please be advised that corresponding changes have now been made to the list maintained by the European Union under Council Regulation (EC) No 881/2002 by...

​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 ISIL & Al-Qaida; Libya; North Korea; and Terrorism and Terrorist Financing. ISIL (DA’ESH) AND AL-QAIDA NETWORK The United Nations Security Council has added two individuals (“the listed persons”) to the list of...

​ On 9th August 2016 by order of the Royal Court of Guernsey on the application of the Guernsey Financial Services Commission (the “Commission”), Andrew Isham and Phil Bowers of Deloitte LLP were appointed as the Administration Managers to Providence Investment Funds PCC Limited (’the Fund’) and its manager Providence Investment Management International Limited (‘the Manager’). The application was...

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

As part of the Commission's regularly scheduled server maintenance, both the Online Submissions Portal and PQ Portal will be unavailable on 30 July 2016. If you have any queries around accessing the Online Submissions Portal or the PQ Portal, please contact the Online Services Help Desk - [email protected]

ISIL (DA’ESH) AND AL-QAIDA NETWORK This Notice is issued further to a previous Sanctions Notice issued in relation to the removal of one individual from the list of persons associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267. Please be advised that a corresponding change has now been made to the list maintained by the European Union under...

Following the implementation of the Guernsey Financial Advice Standards, forms GFA and RA/1 have now been updated to reflect these requirements. In addition, amendments have also been made to the addresses used in the forms and to the details required in respect of financial information under Section F of the Form RA/1.