​In order to protect the international financial system from money laundering and ...

The Commission has produced the revised rules and is currently seeking written feedback from Investment licensees on these revised rules. ...

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...

GFSC prepares to implement Independent Evaluation Review recommendations...

The Commission has added the following documents / information to its website:...

The New Decisions Committee Process, which replaces the February 2009 Decisions Committee Procedures...

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

The Commission has recently published several papers on its website...

The following Regulations are now available to view and will become operational with effect 01 January 2012...

Independent Evaluation Review Report available for Download...

Please note that invoices for 2012 annual fees will be issued in December 2011 ...

Guernsey funds impacted by uncertainty in Eurozone as total funds under management decreases over quarter...

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

Quarterly reminder regarding the Financial Services Commission (Administrative Financial Penalties) (Bailiwick of Guernsey) Regulations, 2010...

THE Guernsey Financial Services Commission has announced that its third annual Industry Presentations will take place on 23 November 2012....

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. ...

Please note that invoices for 2012 annual fees will be issued in December 2011 and...

The Annual Regulatory Meeting of the UK Crown Dependencies took place on 12 October 2011. ...

New Personal Questionnaire, Personal Declaration and Guidance Notes for 2012 now available for review...

The States Legislation Select Committee has made the Belarus (Freezing of ...

Please note that invoices for 2012 annual fees will be issued in December 2011 and therefore payment will be expected for all current licensees...

Speeches from Industry Seminar on 20 October 2011...

Please note that 2012 annual fees will be issued in December 2011 and therefore payment is expected for the following:...

HM Procureur has issued guidance on prosecution for tipping off...

The States Legislation Select Committee has amended the Libya (Restrictive ...

Consultation on Draft Guidance Note on Actuarial standards and requirements...

The restrictive measures in place against certain persons, entities and bodies in view of the situation in Libya have been modified...

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

The States of Guernsey has adopted further restrictive measures against certain ...

The Commission has written today to all financial services businesses and ...

Mr Justin Krzysztof Josef Nicpon...

THE Guernsey Financial Services Commission has promoted Caroline Bradley to Deputy Director of the Insurance Division....

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

The States of Guernsey has implemented certain specific restrictive measures ...

The net asset value of total funds under management and administration grew by £10.8 billion (4.1%) over the quarter ended 30 June 2011 to £274.5 billion....

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 confirms the position regarding US Government debt securities...

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 ...

Appendix C of the Handbook for Legal Professionals, Accountants and Estate ...

The EU has issued Council Regulation (EU) No. 588/2011...

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

The 2011 Fiduciary Annual Return forms may now be downloaded from the Commission’s website......

The GFSC Annual Report 2010 has been released...

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. ...

The 2011 Fiduciary Annual Return forms will shortly be available to download from the Commission’s website......

With effect from 1 June 2011 calls to and from the Commission will be recorded...

​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....

The Financial Investigation Unit (FIU) has written to Money Laundering Reporting Officers inviting them to attend a briefing...

The Independent Evaluation Review Terms of Reference have been released...

The net asset value of total funds under management and administration grew by £6.2 billion (2.4%) over the quarter ended 31 March 2011 to £263.6 billion. For the year since 31 March 2010, total net asset values increased by £66.2 billion (33.6%)....

The States of Guernsey has adopted restrictive measures against certain persons, entities and bodies in view of the situation in Syria...

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

Crown Advocate Philip Nicol-Gent has been appointed as director of Fiduciary Services at the Guernsey Financial Services Commission. ...

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....

The EU has revised its sanctions list in relation to Belarus...

The States of Guernsey has adopted restrictive measures against certain persons and entities in view of the situation in Egypt...

Link to The Libya (Restrictive Measures) (Guernsey) (Amendment) Ordinance, 2011...

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...

Prescribed businesses should be alert to the potential for the increased movement of assets related to events in Bahrain, Egypt, Libya, Tunisia and Yemen and, potentially, other jurisdictions subject to significant unrest. ...

Financial services businesses should be alert to the potential for the increased movement of assets related to events in Bahrain, Egypt, Libya, Tunisia and Yemen and, potentially, other jurisdictions subject to significant unrest....

THE Deputy Director of Banking at the Guernsey Financial Services Commission will succeed Diane Colton as Director of Insurance....

The States of Guernsey has adopted restrictive measures against certain persons and entities in view of the situation in Libya...

The net asset value of total funds under management and administration grew by £14.3 billion (5.9%) over the quarter ended 31 December 2010 to £257.4 billion. For the year since 31 December 2009, total net asset values increased by £73.2 billion (39.7%)....

The States of Guernsey has adopted sanctions measures...

The Independent Commission on Equitable Life Payments ("ICELP") has just released its final advice to the Government....

The States of Guernsey has renewed the sanctions measures against Al-Qa’ida and Taliban....

The Commission and the States of Guernsey Commerce and Employment Department have jointly issued a Position Statement on Solvency II...

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 Commission has written to the Independent Commission on Equitable Life Payments ("ICELP") in response to its discussion paper issued on 3 November 2010....

The appointment of Carl Rosumek as Director of Investment Business has been announced by the Guernsey Financial Services Commission....

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....

The net asset value of total funds under management and administration grew by £18.9 billion (8.4%) over the quarter ended 30 September 2010 to £243.1 billion. For the year since 30 September 2009, total net asset values increased by £61.6 billion (33.9%...

Commission Christmas opening hours ...

Stephen Trevor, the Guernsey Financial Services Commission’s Director of Fiduciary Services, will be leaving for a senior position in the finance sector...

The Guernsey Financial Services Commission has become a signatory to the Multilateral Memorandum of Understanding (MMoU) of the International Association of Insurance Supervisors (IAIS)...

The post of Director of Insurance at the Guernsey Financial Services Commission is to be advertised following the announcement that Diane Colton will leave at the end of this year...

These Rules were the subject of a presentation by the Commission to the finance sector on 20 October 2010. They will come into force on 1 January 2011 and are available here....

Speeches from the Industry Seminar on 19 October 2010 can be found under About Us, page marked Events....

Slides from the Industry Seminar on 20 October 2010 can be found under About Us, paged marked Events....

Banking Division Key Statistics and Trends are available...

The post of Director of Investment Business at the Guernsey Financial Services Commission will be advertised locally and in the Financial ...

The financial regulators of Guernsey, Jersey and the Isle of Man have met at Gatwick to discuss matters of mutual interest at an inaugural Crown Dependencies’ Regulatory Summit....

The Independent Commission on Equitable Life Payments has been set up by the Government to recommend how best to fairly allocate funds provided for the Equitable Life Payments Scheme...

An amendment to Schedule 2 to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, 1999 which relates to the business of auditors...

From today all firms (including sole practitioners) providing accountancy, insolvency, auditing and tax advice services by way of business in the Bailiwick ...

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...

Please note that from Friday 24 September 2010 the Guernsey Financial Services Commission’s new address will be...

The net asset value of total funds under management and administration grew by £26.8 billion (13.6%) over the quarter ended 30 June 2010 to £224.2 billion. For the year since 30 June 2009, total net asset values increased by £54.6 billion (32.2%)....

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...

The Commission has revoked the licence held by Sartor Resources Limited...

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 ...

The Commission has made two changes to the Handbook for Legal Professionals, Accountants and Estate Agents on Countering Financial Crime and Terrorist Financing ...

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

Recent changes to Handbook...

Links to changes made to Handbook for Prescribed Businesses...

Links to amended regulations...

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

The 2010 Annual Return forms are available...

Forms for completion by Guernsey licensees...

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

The net asset value of total funds under management and administration grew by £13.2 billion (7.2%) over the quarter ended 31 March 2010 to £197.4 billion. For the year since 31 March 2009, total net asset values increased by £21.5 billion (12.2%)....

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

Public Statement...

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...

The Rt Hon Sir John Chadwick has been asked by the Government to provide advice...

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...

The net asset value of total funds under management and administration grew by £2.7 billion (1.5%) over the quarter ended 31 December 2009 to £184.2 billion. For the year since 31 December 2008, total net asset values decreased by £16.2 billion (8.1%)....

Amendment Regulations signed by the Policy Council...

Proposed changes to its AML/CFT legislation...

Key Statistics and Trends 2009...

Karel Van Hulle, Head of the Insurance and Pensions Unit in the EU Commission visited Guernsey on Friday 18 December...

Public statement...

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

Following industry representation the Guernsey Financial Services Commission has extended the consultation period for the draft Licensees (Capital Adequacy) Rules, 2010 until close of business 8 January 2010....

​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 made to the Handbooks for Financial Services Businesses and Prescribed Businesses...

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

Funds Under Management Grow. First Statistics for Non-Fund Investment Sector Released...

the Commission has been preparing new Capital Adequacy Rules mandatory for all entities licensed under the Protection of Investors (Bailiwick of Guernsey) Law, 1987 as amended (“the Law”)....

Feedback...

Link to instructions for financial services businesses and prescribed businesses...

The Commission is currently following Solvency II developments closely...

GLOBAL CONDITIONS CONTINUE TO IMPACT GUERNSEY INVESTMENT FUNDS ...

The Commission has revoked the licence held by Canivet Webber Financial Services Limited...

The Commission has updated the Codes of Practice issued under section 35 of the Fiduciary Law...

The 2009 Annual Return forms are available for completion...

The Policy Council have signed the Criminal Justice (Proceeds of Crime) (Financial Services Businesses) (Bailiwick of Guernsey) (Amendment) Regulations, 2009...

The Policy Council have signed the Criminal Justice (Proceeds of Crime) (Legal Professionals, Accountants and Estate Agents) (Bailiwick of Guernsey) (Amendment) Regulations, 2009...

Global Conditions Impact Guernsey Investment Funds...

Earlier this year the Investment Business Division posted on the Commission website its proposals relating to statistical information forms for consultation. ...

The focus for 2009, the third year of the Insurance Division's programme for the insurance intermediary sector, is on internal controls...

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

Reminder that responses to Carl Rosumek’s letter are required by 30 April 2009 ...

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

The Commission has noted the coverage in the Guardian of 4 March 2009 under the heading “Chelsea connection”...

I am delighted to announce the following changes to the Insurance Division...

The Commission has written to the managing directors of all Financial Services Businesses today, seeking comments on the tracked changes to Regulations and a Handbook...

The Commission has written to the managing partners of firms of lawyers and accountants and the managing directors of estate agents today, seeking comments on tracked changes to Regulations and a Handbook...

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

The current Reciprocal Health Agreement between the Channel Islands and the UK is to cease...

The Government response to the Parliamentary Ombudsman’s report into Equitable Life has been much anticipated...

Press Release 13 January 2009 - IMF Assessment...

​A licence has been issued to Lloyd’s that enables Lloyd’s underwriters to carry on insurance business in Guernsey...