As highlighted at last year’s Industry Seminar, the Commission has been working on changes to the current large exposure regime ...

Further to the news item posted on the Commission's website on 10 April, the Policy Council has made the ...

The Commission has noted that the Criminal Justice (Proceeds of Crime) (Financial ...

On 25 March 2013 the Policy Council signed the following amendment regulations:...

Total deposits held with Guernsey banks at the end of December 2012 decreased 10.6% in sterling terms...

On 4 March the Commission issued:...

GUERNSEY FINANCIAL SERVICES COMMISSION ANNUAL FEES 2013...

In advance of most of the changes to the AML/CFT framework referred to in our media release of 12 November ...

In September 2011 the Commission issued the Finance Sector Code of Corporate Governance....

Total deposits held with Guernsey banks at the end of September 2012 decreased 6.0% in sterling terms ...

On 30 October the Commission issued:...

The Guernsey Financial Services Commission (“Commission”) invites comments on this consultation paper....

Total deposits held with Guernsey banks at the end of June 2012 increased 2.1% in sterling terms...

The Commission would remind all companies which hold a licence from the Commission......

Total deposits held with Guernsey banks at the end of March 2012 decreased 6.1% in sterling terms by £6.5 billion from the end of December 2011 level of £107.5 billion, down to £101 billion. This is 10.5% lower than the same time a year ago. ...

The Commission has written to the managing directors of all financial services businesses today, seeking comments on proposed changes to the Criminal Justice (Proceeds of Crime) (Financial Services Businesses) (Bailiwick of Guernsey) Regulations, 2007 (th...

Updated - The Finance Sector Code of Corporate Governance (“the Code”), issued in September 2011 with an effective date of 1 January 2012, stated the GFSC will require an assurance statement from companies...

The States of Guernsey has adopted new sanction measures against Iran. ...

On 12 March the Commission issued:...

Total deposits held with Guernsey banks at the end of December 2011 decreased 5.8%...

The Commission has issued a Thematic Report on Data Security Practices within the Banking Sector of the Bailiwick of Guernsey....

The Commission has made a number of changes to the Handbook for Financial ...

​Guernsey adopts new Terrorist Asset-Freezing Law. ...

Reminder Annual Fees due by 31st January 2012...

The Commission has written to financial services businesses in connection with ...

China’s banking authority, the China Banking Regulatory Commission, and the ...

The Commission has issued Instruction (Number 15) for Financial Services Businesses and Instruction (Number 13) for Prescribed Businesses......

The Commission has issued Instruction (Number 14) for Financial Services Businesses and Instruction (Number 12) for Prescribed Businesses in relation to Iran......

Total deposits held with Guernsey banks at the end of September 2011 increased in sterling terms by £0.3 billion from the end of June 2011 level of £113.9 billion up to £114.2 billion. ...

The Commission has today issued the Finance Sector Code of Corporate Governance ...

The Guernsey Financial Services Commission and Germany’s banking, insurance and securities regulator, BaFin, have signed a Memorandum...

Total deposits held with Guernsey banks at the end of June 2011 increased in sterling terms by £1.0 billion from the end of March 2011 level of £112.9 billion up to £113.9 billion....

Consultation paper on fee rate proposal 2012...

The Commission issued a letter to non-branch financial services businesses and collective investment schemes...

The Commission issued a letter to Bank subsidiaries...

The Commission has issued Instruction (Number 13) for Financial Services Businesses and Instruction (Number 11) for Prescribed Businesses...

Appendix C of the Handbook for Financial Services Businesses on Countering ...

The Commission has made a number of changes to the AML/CFT Handbooks for FSBs and for Prescribed Businesses ...

A memorandum of understanding between the Guernsey Financial Services Commission and the Guernsey Banking Deposit Compensation Scheme has been agreed between the Board of the Scheme and the Commission. ...

​Total deposits held with Guernsey banks at the end of March 2011 increased in sterling terms by £1.9 billion from the end of December 2010 level of £111.0 billion up to £112.9 billion....

FIVE new Deputy Directors have been appointed at the Guernsey Financial Services Commission. They will fill four vacant positions besides one newly created. ...

The Commission has placed a revised draft of the Finance Sector Code of Corporate Governance...

The Commission has issued Instruction (Number 12) for Financial Services Businesses and Instruction (Number 10) for Prescribed Businesses....

Total deposits held with Guernsey banks at the end of December 2010 decreased in sterling terms by £5.0 billion from the end of September 2010 level of £116.0 billion down to £111.0 billion...

The IMF has today published six reports arising from its evaluations in March and May 2010 of the Bailiwick’s financial supervision and criminal justice frameworks. ...

The following regulations are now available to view and will become operational with effect from 1 January 2011: The Financial Services Commission (Fees) Regulations, 2010...

The Commission has issued Instruction (Number 11) for Financial Services Businesses and Instruction (Number 9) for Prescribed Businesses....

Total deposits held with Guernsey banks at the end of September 2010 decreased slightly in sterling terms by £0.8 billion ...

The States of Guernsey has adopted new sanction measures against Iran....

Banking Division Key Statistics and Trends are available...

As notified in a news item on 1 September 2010, the Regulations came into force on that date. Financial penalties payable under the Regulations accrue automatically. It is the responsibility of each regulated person to ensure that they have complied wit...

Total deposits held with Guernsey banks at the end of June 2010 decreased in sterling terms by £1.9 billion ...

Financial Services Businesses are reminded that the above regulations come into force today. ...

Link to Consultation Paper Fee Rate Proposals 2011...

On 21 June the Commission informed all financial services businesses and prescribed businesses that two new Regulations had been signed by the Policy Council...

Financial services businesses are advised that Greece continues to be included on the list of jurisdictions which the Financial Action Task Force considers to have strategic AML/CFT deficiencies ...

In November 2009 the Commission issued a further series of requirements....

Recent changes to Handbook...

Links to amended regulations...

Letter to the Basel Committee on Banking Supervision regarding Guernsey banks and liquidity...

Total deposits held with Guernsey banks at the end of March 2010 increased in sterling terms by £1.3 billion...

Feedback and Typologies on Suspicious Transaction Reports (Document)...

Link to The Terrorism & Crime (Bailiwick of Guernsey) (Amendment) Regulations, 2010...

Link to The Disclosure (Bailiwick of Guernsey) (Amendment) Regulations, 2010...

The final version of the Outsourcing Risk Guidance Note for Banks...

This paper summarizes the key points in the first year (Year 1) of the implementation of Basel II in Guernsey....

In November 2009 the Commission issued a further series of requirements...

Amendment Regulations signed by the Policy Council...

Key Statistics and Trends 2009...

Public statement...

Link to Consultation on changes to the criminal justice legislation...

​The Commission has written to the managing directors of all Financial Services Businesses today, seeking comments on the proposed changes to Schedules...

Links to Changes to the Handbook for Financial Services Businesses and Prescribed Businesses...

Link to 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...

Link to Business from Sensitive Sources Notice 9 for financial services businesses and Notice 4 for prescribed businesses...

Link to Business from Sensitive Sources Notice 8 for financial services businesses and Notice 3 for prescribed businesses...

Link to Business from Sensitive Sources Notice 7 for financial services businesses and Notice 2 for prescribed businesses...

Press Release 13 January 2009 - IMF Assessment...