News

Reminder – verification of standing data

1st October 2026
The Commission is reminding all licensees to complete their annual verification of standing data through the Online Submissions (OS) Portal by 31 October 2026. The annual verification process helps ensure that the basic information the Commission holds about licensees, such as addresses and contact details, remains accurate and up to date. The process was introduced as part of the Commission’s...

Sanctions Notice - Russia

1st October 2026
Please be advised that the following individuals/entities: Name: Unique ID: Nurlan Amantaevich ABULKHAEV RUS3720 Nikolay Ivanovich DEREZA RUS3721 Viktor Alexandrovich AIVAZOV RUS3722 Viktor Valerievich CHUDAK RUS3723 Aleksandr Sergeevich CHICHKAN RUS3724 Alexander Alexandrovich FOMIN RUS3725 Viktor Leonidovich BEDRIK RUS3726 Yan Vyacheslav ZANEVSKY RUS3727 Sergey Aleksandrovich TOLMACHEV RUS3728...

Sanctions Notice - Russia (Ships)

1st October 2026
Please be advised that the following ships have been specified under the Russia (Sanctions) (EU Exit) Regulations 2019 (the UK regulations): Name: Unique ID: IMO 9331048 (CHAIVO) RUS3734 IMO 9246621 (PORTOVYY) RUS3735 IMO 9904546 (ALEKSEY KOSYGIN) RUS3736 IMO 9904704 (KONSTANTIN POSIET) RUS3737 IMO 9904675 (PYOTR STOLYPIN) RUS3738 IMO 7808401 (BEBEK-E) RUS3739 IMO 9319404 (AVACHA) RUS3746 IMO...

Sanctions Notice - ISIL (Da'esh) and Al-Qaida

29th September 2026
Please be advised that details in respect of the following entity, which has been designated under Isil (Da’esh and Al-Qaeda (United Nations Sanctions) (EU Exit) Regulations 2019 (“the UK Regulations”), have been amended: Name: Unique ID: KHATIBA JAMA`AT AL-TAWHID WAL-JIHAD (KTJ) QDe.168 The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes)...

HSC Insurance Limited

24th September 2026
HSC Insurance Limited (in liquidation) is no longer licensed by the Guernsey Financial Services Commission to underwrite insurance business.

Sanctions Notice - Russia

22nd September 2026
Please be advised that the following entry has been revoked from the UK Sanctions List and is no longer subject to shipping sanctions: Name: IMO Number Unique ID: ASTRA IMO 9273387 RUS3003 The UK Sanctions List has been updated and can be found here . The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit)...

Guernsey opens the door to greater digital finance opportunities

17th September 2026 Digital finance initiative logo of leopard
The Guernsey Financial Services Commission has taken a significant step towards expanding digital finance opportunities in the Bailiwick by making changes that will allow firms to develop new services for a wider range of customers. The Lending, Credit and Finance (Amendment) Rules, 2026 , form part of the Commission’s Digital Finance Initiative , which is designed to support innovation and help...

Investment Statistics Summary Second Quarter 2026

15th September 2026
Guernsey Funds The total net asset value of Guernsey funds at the end of the quarter was £270.0 billion, a decrease over the quarter of £2.6 billion (-0.9%). Over the past year, total net asset values have decreased by just under £0.9 billion (-0.3%). Closed-ended Funds Within these totals, Guernsey closed-ended funds decreased over the quarter by £4.8 billion (-2.1%) to £224.2 billion. This...

One year on: Digital Finance Initiative turns engagement into action

14th September 2026 Digital finance initiative logo of leopard
The Guernsey Financial Services Commission is marking the first anniversary of its Digital Finance Initiative , which has supported a programme of engagement, consultation and implementation designed to position the Bailiwick as a trusted jurisdiction for digital finance businesses. Launched on 11 September 2025, the Initiative was established to encourage digital financial innovation in the...