Investment

​The Disclosure (Bailiwick of Guernsey) (Amendment) Regulations, 2010

Business from Sensitive Sources & Instructions

​On 22 October 2009 the Guernsey Financial Services Commission decided to make the following public statement in respect of Ms Pippa Marie Harbour: 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 Protection of Investors Law”) The Banking Supervision...

​ Following industry representation the Guernsey Financial Services Commission has extended the consultation period for the draft Licensees (Capital Adequacy) Rules, 2010 until close of business 8 January 2010. The Commission would particularly welcome worked examples of how the current draft Capital Adequacy Rules would affect licensees. All responses should be sent to the following mailbox...

​ Handbook for Financial Services Businesses Handbook for Prescribed Businesses

​The Commission has written to the managing directors of all Financial Services Businesses today, seeking comments on the proposed changes to Schedule 1 to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, 1999 ("the 1999 Law"), proposed changes to Schedule 1 to the Registration of Non-Regulated Financial Services Businesses (Bailiwick of Guernsey) Law, 2008 ("the 2008 Law")...

​Instructions for financial services businesses and prescribed businesses

​The Policy Council have signed the Criminal Justice (Proceeds of Crime) (Financial Services Businesses) (Bailiwick of Guernsey) (Amendment) Regulations, 2009. The main change to the 2007 regulations created by the amendment regulations is a requirement that senior management sign off is needed for all new high risk relationships and not only for new PEP relationships. The amendment regulations...

NEW STATISTICAL INFORMATION FORMS FORM NST – COLLECTIVE INVESTMENT SCHEMES FORM AM – ASSET MANAGEMENT AND STOCKBROKING EXPLANATORY NOTE AND FEEDBACK ON CONSULTATION Earlier this year the Investment Business Division posted on the Commission website its proposals relating to statistical information forms for consultation. The consultation document made it clear that the Commission gathers these...