News

Please be advised that entry in relation to Ya Mahdi Industries Group (Group ID: 16157) has been amended under the Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019 (the UK regulations). The entity referred to above remains subject to an asset freeze and appear on the consolidated list, which can be found here. The UK regulations are given effect within the Bailiwick under the Sanctions...

The Commission plans to increase licence fees paid by firms from 1 January 2024 by 6.3%. 1% less than the figure upon which it consulted. On 26 July 2023, the Commission issued a consultation paper on the fee rates and administrative penalties to apply from 1 January 2024, which contained the following proposals: an overall proposed increase in fees of 7.3%, with the exception of fees introduced...

Third Quarter 2023 Guernsey Funds The total net asset value of Guernsey funds at the end of the quarter was £288.8 billion, an increase over the quarter of £2.8 billion (+1.0%). Over the past year, total net asset values have decreased by £13.9 billon (-4.6%). Closed-ended Schemes Within these totals, Guernsey closed-ended funds increased over the quarter by just under £2.4 billion (+1.0%) to £239...

Please be advised that the UK has made amendments to the listings in relation to Makhtab Al-Khidamat (Unique ID: AQD0067) Mohamed Amin Mostafa (Unique ID: AQD0237) Said Jan 'Abd Al-Salam (Unique ID: AQD0302) Iyad Ag Ghali (Unique ID: AQD0208) who are designated under the ISIL (Da'esh) and Al-Qaida (Sanctions) (EU Exit) Regulations 2019 (the UK regulations). The UK regulations are given effect...

Please be advised that the following persons Nabil Khaled Hilal CHOUMAN (Group ID: 16203) Muhammad DEIF (Group ID: 16183) Musa Muhammad Salim DUDIN (Group ID: 16182) Adbelbasit Elhassan Mohamed Khair HAMZA (Group ID: 16202) Marwan ISSA (Group ID: 16184) Yahya Ibrahim Hassan SINWAR (Group ID: 16185) have been designated under the Counter-Terrorism (International Sanctions) (EU Exit) Regulations...

Please be advised that Sergey STOGNIENKO has been removed from the designations made under the Russia (Sanctions) (EU Exit) Regulations 2019 (the UK regulations) and is no longer subject to an asset freeze or trusts sanctions. The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit) Regulations, 2020 that have been...

Please be advised that 29 persons have been added to the list of persons designated under the Russia (Sanctions) (EU Exit) Regulations 2019 (the UK regulations) and are now subject to an asset freeze and trusts services sanctions . Details of the persons concerned are available here: Notice_Russia_081123.pdf (publishing.service.gov.uk) The persons referred to above appear on the UK’s consolidated...

The Commission has today issued amendments to the country lists in Appendix C and Appendix I of the Handbook on Countering Financial Crime and Terrorist Financing reflecting the Financial Action Task Force’s updated list of jurisdictions under increased monitoring, which includes Bulgaria. FATF has removed Albania, Cayman Islands, Jordan and Panama from its list of jurisdictions under increased...

The Commission is pleased to announce that the States of Guernsey have appointed The Rt Hon The Lord Henley as a new Commissioner. The vacancy arose following the sad death of Baroness Couttie. Oliver Henley is a longstanding member of the House of Lords. He is currently a member of the Joint Committee on Human Rights. He previously served as a Minister under four Prime Ministers, from Margaret...