Digital Finance

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...

The Guernsey Financial Services Commission is introducing a series of enhancements to its website to help users more easily identify and access information. The Commission recognises the opportunities presented by AI and other emerging technologies, both within its own operations and across the financial services sector. As AI-powered search and summarisation tools become increasingly commonplace...

The Guernsey Financial Services Commission has licensed a further participant through its Innovation Sandbox, marking another milestone in the development of the initiative. The Innovation Sandbox was established to provide an environment in which businesses can develop and test innovative products, services and business models while engaging closely with the Commission. It forms part of our...

The Guernsey Financial Services Commission has welcomed the appointment of the Bailiwick’s first Finance Sector Concierge. Business leader Peter Deacon, a former vice president at J.P. Morgan in Hong Kong, who has long-term personal and business connections with the Bailiwick, started in the role on 1 August. The position was created following a recommendation in Guernsey’s Finance Sector Growth...

#GuernseyGrowth2035 The Guernsey Financial Services Commission has today published its feedback paper and a guidance note on the tokenisation of assets following consultation on Supporting Growth with Digital Finance. The papers build on work already delivered through the Commission’s Digital Finance Initiative, setting out a programme of practical measures to support innovation and strengthen...

Further to last Tuesday’s publication of the updated Handbook on Countering Financial Crime, we identified that not all the updated sections of the Handbook were loaded. Tuesday's upload omitted revised chapters 7, 9, 10, 16 and Appendix F which have now been included. The revised Handbook may be accessed through this link. The link in the press release issued on Tuesday 5 May 2026 has also been...

The Commission has today published a feedback paper and updated sections of the Handbook on Countering Financial Crime (AML/CFT/CPF) (the “Handbook”), setting out how it has responded to consultation feedback on proposed changes to further support the use of technology to combat financial crime. The changes are part of the Commission’s Digital Finance Initiative, following from its consultation on...

The Commission has published detailed information on its Innovation Sandbox, including an updated webpage and a new set of frequently asked questions, reflecting feedback received through the Supporting Growth in Digital Finance consultation which is part of the Commission’s Digital Finance Initiative. The feedback to our Digital Finance consultation paper highlighted strong interest in how the...

The Commission will host its next Digital Forum roundtable on Tuesday 12 May at 9.30am, focusing on stablecoins. The event will take place at the Commission’s Regency Court offices and is open to representatives of the Bailiwick’s financial services sector and other stakeholders with expertise or interest in this topic. The roundtable will explore the role of stablecoins within the evolving...