News

Today the Commission issued a Discussion Paper “Guernsey and the Development of Global and European Insurance Capital Standards”, a copy of which can be found here. Comments should be submitted by 20 October 2017.

In response to developments in relation to North Korea, most recently North Korea’s firing of a missile across Japanese airspace, the EU has enacted Council Regulation (EU) 2017/1509. The Regulation consolidates existing restrictive measures by repealing and replacing previous Regulations concerning North Korea that have been enacted since 2007. These measures include targeted financial sanctions...

This Notice is issued further to a previous Sanctions Notice issued in relation to the updating of information relating to one individual (the listed person) on 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...

This Notice is issued further to a previous Sanctions Notice issued in relation to the addition of an individual (the listed person) 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 a corresponding change has now been made to the list maintained by the European Union under Council Regulation...

Council Regulation (EU) No 329/2007, as implemented in the Bailiwick by the North Korea (Restrictive Measures) (Guernsey) Ordinance, 2007, the North Korea (Restrictive Measures) (Alderney) Ordinance, 2007, and the North Korea (Restrictive Measures) (Sark) Ordinance, 2007, has been amended by Council Regulation (EU) No 2017/1501. The Implementing Regulation is available here: Council Regulation (EU...

Please be advised that the United Nations Security Council has amended the details in respect of one individual (“the listed person”) on the list of persons associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267. All persons on the list are subject to restrictive measures which include targeted financial sanctions. Further details are available...

The Commission has today published “ The Pension Licensees (Conduct of Business) & Domestic and International Pension Scheme and Gratuity Scheme Rules (No. 2) 2017” (please click here), which replaces the earlier version, published last month, which required some minor amendments.

The United Nations Security Council has added an individual (“the new listed person”) to the list of persons associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267. All persons on the UN list are subject to restrictive measures which include targeted financial sanctions. Further information is available here: https://www.un.org/press/en/2017...

Council Regulation (EU) No 2016/44, as implemented by the Libya (Restrictive Measures) (Guernsey) Ordinance, 2016, the Libya (Restrictive Measures) (Alderney) Ordinance, 2016 and the Libya (Restrictive Measures) (Sark) Ordinance, 2016, has been amended by Commission Implementing Regulation (EU) No 2017/1456. The amendments are automatically effective in the Bailiwick. The Implementing Regulation...