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...

Amendments to Schedules 1 and 2 to the Proceeds of Crime Law, etc....

The main changes to the December 2007 regulations for financial services businesses created by the amendment regulations...

The 2008 Annual Return forms are available for completion...

The Commission has issued a sixth Business from Sensitive Sources Notice...

In the spring of last year the Commission consulted on, amongst other matters...

Claridges Trustees Limited and Former Joint Fiduciary Licence Applicants Placed In Compulsory Liquidation...

This application was refused on 14 December 2007 and as a result the authorisation ended on 11 January 2008...

On 14 December 2007 the Guernsey Financial Services Commission gave notice to Claridges of the refusal of Claridges’ application for a full fiduciary licence under the Fiduciary Law....

The Criminal Justice (Proceeds of Crime) (Financial Services Businesses) (Bailiwick of Guernsey) Regulations, 2007 have now been signed by the Policy Council...

Link to Business from Sensitive Sources Notice 5...

Following consultation with financial services businesses, the Criminal Justice Regulations 2007 and the Handbook for Financial Services Businesses on Countering Financial Crime and Terrorist Financing are now complete...

The Commission has become aware of a scam in which victims are asked to pay a fee in order to obtain “Certified Payment Liability Coverage”...

The 2009 Annual Return forms will be available on 1 June 2007...

The Commission has written to various entities in connection with consultation on proposals to amend the Bailiwick's framework for countering money laundering and terrorist financing...

The Commission has issued a consultation paper on proposals to extend the Commission's enforcement powers and to improve the rights of appeal from decisions of the Commission. ...

The States Report, the proposed amended version of The Trusts (Guernsey) Law, 1989 and a note from the Director of Finance Sector Development are now available on the website of the States of Guernsey Commerce and Employment Department...

The Commission has prepared draft Bailiwick anti-money laundering and counter terrorist financing legislation on wire transfers to ensure that BACs can continue to be used by firms in the Islands for transfers between the Islands and the UK...

A minor amendment has been made by the Policy Council to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Regulations, 2002...

The Financial Services Commission (Fees) Regulations, 2006 are now available to view and will become operational with effect from 1 January 2007. ...

The Personal Questionnaire, Personal Declaration and application form for a Personal Fiduciary Licence have been updated...

To provide licensees with feedback on what we have learned from the first cycle of on-site visits and outline our plans for future on-site visits...

Invoicing for annual licence fees to change to a calendar year basis...

New fees regulations for 2006...

The Trust Law Working Party established by the Commerce and Employment Department of the States of Guernsey has released an interim report...

The 2005 Annual Return forms are available for completion...

The Fiduciary Sector Policy Forum (FSPF) and the Association of Guernsey Banks (AGB) have worked closely with the Commission to produce an introducer certificate...

Representatives of the finance sector in Guernsey have requested clarification of the Commission's policy on certain aspects of introduced business...

The Trust Law Working Party, set up by the Department of Commerce and Employment...

PDF...

Following the Decision of the Court of the Seneschal, Castle Company Management LLC...

The Guernsey Financial Services Commission today announced that it has appointed Stephen Trevor as the new Director of Fiduciary and Intelligence Services...

Following the issue of revised Recommendations by the Financial Action Task Force in 2003, the Commission has issued a statement on anti-money laundering standards for existing customers...

Subsequent to the judgment of the Court of the Seneschal dated 10 February 2004, the Commission now makes available the Judgment of the Deputy Seneschal of Sark...

The Commission has today published a statement on interviews conducted under section 21B(1) of the Financial Services Commission (Bailiwick of Guernsey) Law, 1987, as amended...

The Commission has published a revised version of Appendix C of the Guidance Notes on the Prevention of Money Laundering and Countering the Financing of Terrorism...

The Commission is issuing a statement on introduced business...

Attention is drawn to these Regulations which came into effect on 8 January 2003...

European Private Investment Bank has been brought to the Commission's attention...

Asia Pacific Group has been brought to the Commission's attention...

On 18 March 2002, the Zimbabwe (Export of Goods & Freezing of Funds) (Guernsey) Ordinance, 2002, came into force...

​The Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Regulations, 2002 came into force on 14 August, 2002...

Link to Business from Sensitive Sources Notice 4...

On 18 March the Zimbabwe (Export of Goods & Freezing of Funds) (Guernsey) Ordinance, 2002, came into force...

The Bank of England issued a news release on 21 February 2002 regarding EC Regulation 310/2002...

Link to Overriding Principles for a revised Know Your Customer framework - PDF document ...