Legislation & Guidance

This page provides links to relevant laws, regulations, instructions, rules, codes, guidance and other documents.  It should be noted that, whilst the Commission has taken all reasonable steps to ensure that the information shown on this website is accurate, the Commission does not accept any responsibility for errors made.  Where possible links have been provided to the relevant page of the Guernsey Legal Resources ("GLR") website reflecting up-to-date consolidated versions of laws and regulations.  Original versions can also be found on the GLR website.  Please note, the Commission cannot be held responsible for the content of external websites.

The following relevant legislation is posted and reproduced with the consent of the States of Guernsey.

Law

Regulations

Criminal Justice (Proceeds of Crime) (Financial Services Businesses) (Bailiwick of Guernsey) Regulations, 2007 (Consolidated as at 2013) 466.1KB
Terrorism and Crime (Bailiwick of Guernsey) Regulations 2007 (Consolidated text) 343.2KB
The Companies (Incorporated Cell Companies) (Prescribed Classes) Regulations, 2021 225.6KB -

Instructions

Financial Services Businesses Instruction (Number 01) 57.9KB
Financial Services Businesses Instruction (Number 02) 47KB
Financial Services Businesses Instruction (Number 03) 55.7KB
Financial Services Businesses Instruction (Number 04) 55.9KB
Financial Services Businesses Instruction (Number 05) 17.2KB
Financial Services Businesses Instruction (Number 06) 50.2KB
Financial Services Businesses Instruction (Number 14) Business from Sensitive Sources - Iran 55.9KB
Instruction Number 01/2017 for Financial Services Businesses 367.3KB -
Instruction Number 02/2017 for Financial Services Businesses 269.1KB -
Instruction Number 03/2017 for Financial Services Businesses 268KB -
Instruction Number 04/2017 for Financial Services Businesses 271.7KB -
Instructions and Notices - Record of Changes 396.8KB -

Rules

Cyber Security Rules and Guidance, 2021 1.1MB -
Fiduciary Rules and Guidance, 2021 (consolidated text) 660.8KB -
The Pension Scheme and Gratuity Scheme Rules and Guidance, 2021 501.6KB

Codes

Finance Sector Code of Corporate Governance 334.5KB
Principles of Conduct of Finance Business 72.5KB

Guidance

Guidance in Respect of Fast Track Application Process 172.9KB
Managed trust company relationships 86.4KB
Note on Company Formation 132KB
Principles of Conduct of Derivatives Business 65.2KB
Private Trust Company Guidance 191.8KB
Provision of Registered Office Services by Unregulated Persons 120.6KB
Risk-based Supervision in Guernsey 376KB
Standard on the Regulation of Trust and Corporate Service Providers 516KB

Thematic Reviews

Client Money - Fiduciary 204.3KB -
Data Security - A Thematic Report on Practices within the Fiduciary Sector 565.9KB -
Fiduciary Decision Making in Respect of Assets Under Trust 319.7KB -
Pension Arrangements in the Bailiwick 287.9KB -
The Pension Transfer Landscape 1.4MB -