General

The Commission is working with the Isle of Man Financial Services Authority and the Jersey Financial Services Commission to encourage banks to adopt a consistent approach to dealing with “authorised push payment” (“APP”) fraud across the Crown Dependencies. The framework proposed reflects high level principles and areas of common direction between the Crown Dependency financial services regulators...

Advances in frontier artificial intelligence (“AI”) models are reshaping the cyber risk landscape. These models are increasingly capable of identifying software vulnerabilities, including within large, complex and legacy code bases, at a speed and scale that was previously unattainable. Whilst these capabilities have the potential to enhance cyber resilience when used responsibly, they are also...

The Guernsey Financial Services Commission is pleased to announce that the States of Guernsey has appointed Fiona King as a Commissioner. The vacancy arose following the retirement of Philip Middleton. Mrs King has spent over three decades in the financial services industry as both a senior private sector executive and regulator, giving her a practical understanding of regulation from both sides...

A new podcast from the Guernsey Financial Services Commission offers an audio companion to the Commission’s recently published 2025 Annual Report. Produced by the Commission’s Technology Innovation Unit, the podcast uses AI-generated scripting, voices and music to help make the report and financial statements easier to explore. The podcast takes listeners through the highlights of the Commission’s...

Guernsey Funds The total net asset value of Guernsey funds at the end of the quarter was £272.6 billion, a decrease over the quarter of £0.2 billion (-0.1%). Over the past year, total net asset values have decreased by £6.0 billion (-2.2%). Closed-ended Funds Within these totals, Guernsey closed-ended funds increased over the quarter by £4.5 billion (+2.0%) to just under £229.0 billion. This...

The Guernsey Financial Services Commission has today published its 2025 Annual Report and Financial Statements, highlighting a year of regulatory delivery, policy reform and investment in technology to support innovation and growth in the Bailiwick’s financial services sector. The report shows how the Commission worked through 2025 to maintain a credible and internationally respected regulatory...

The Commission welcomes the announcement by the States of Guernsey regarding the inclusion of the Bailiwick in the recently concluded Free Trade Agreement between the United Kingdom and the Gulf Cooperation Council (GCC). The agreement, concluded on 20 May 2026, represents a significant development in Guernsey’s international trading position and reflects the ongoing work of the States to ensure...

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...

The Commission has today issued its report on its first thematic review conducted under the Lending, Credit and Finance regime. The thematic review focused specifically on motor finance, assessing how well firms are complying with the new regulatory regime since it came into full effect in July 2023. ‘Motor finance’, in the context of the thematic, refers to the various loans and credit agreements...