Audited Financial Statements and Annual Compliance Return
Rule 4.2.6 of the Licensees (Conduct of Business) Rules 2009 states audited financial statements shall be submitted to the Commission by no later than four months after the accounting reference date together with the Compliance Return in the format defined at Schedule 2 to the Licensees (Conduct of Business) Rules 2009.
All Licensee audited financial statements and compliance returns should be submitted by e-mail to IBDLicenseeAccounts@gfsc.gg.
Penalties for Late Filing of Returns
The penalties for late filing of returns are detailed in The Financial Services Commission (Administrative Financial Penalties)(Bailiwick of Guernsey) Regulations, 2010.
A statistical return form must be submitted starting from the quarter end after licensing, registration or approval and continue for the life of the Licence.
Form AM (2009) and Guidance Notes