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Please be advised that Emraan Ali has been designated under the ISIL (Da'esh) and Al-Qaida (Sanctions) (EU Exit) Regulations 2019 (the UK regulations); 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 made under the Sanctions (Bailiwick of Guernsey) Law, 2018 (the Sanctions...

Please be advised that the following individuals have been designated under the Nicaragua (Sanctions) (EU Exit) Regulations 2020 (the UK regulations): Lumberto Ignacio Campbell Hooker Fidel de Jesus Dominguez Alvarez Ana Julia Guido Ochoa Fidel Antonio Moreno Briones Rosario Maria Murillo Zambrana Gustavo Eduardo Porras Cortes Alba Luz Ramos Vanegas Juan Antonio Valle Valle The UK regulations are...

The Commission plans to increase licence fees paid by firms from 1 January 2022 by 7.6% with the agreement of the Policy & Resources Committee. On 16 July 2021, the Commission published a consultation paper on its 2022 fees containing four main proposals:- an overall fee increase of 10.1% for all sectors; a restructuring of fees for the investment sector; changes arising from the update to most of...

Please be advised that Muhammad Abd Al-Karim Al-Ghamari, Yusuf Al-adani and Saleh Mesfer Saleh Al Shaer have been designated under the Yemen (Sanctions) (EU Exit) (No.2) Regulations 2020 (the UK regulations). 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 made under the...

The Commission has today updated Appendix I of the Handbook as a result of the FATF's announcement that it has removed Botswana and Mauritius from its list of jurisdictions under increased monitoring. FATF has added Jordan, Mali and Turkey to the list of jurisdictions under increased monitoring and Appendix I of the Handbook has been updated to reflect these changes. Appendix I lists countries and...

The Commission is aware that regulated services are being offered by the above-named entity in Guernsey. The purpose of this notice is to advise that Valsen Fiduciaries International is not licensed, authorised or in any way regulated by the Commission for the conduct of any financial services business in the Bailiwick of Guernsey.

It has come to the attention of The Guernsey Financial Services Commission that references have been made via internet news sources and social media platforms to Webtel.mobi Limited being regulated by the Commission and/or Webtel.mobi Limited being regulated on behalf of the Commission by its Resident Agent. The purpose of this notice is to advise that both Webtel.mobi Limited and its holding...

On 1 November 2021, The Financial Services Business (Enforcement Powers) (Bailiwick of Guernsey) Law, 2020 (the new Enforcement Law) came into effect. Accordingly, the Commission has revised and updated certain key documents relating to the enforcement process: A new Explanatory Note regarding “ the Investigation and Decision-Making Process in Relation to the use of Enforcement Powers”, which...