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

Disclosure (Bailiwick of Guernsey) Law, 2007 (Consolidated text) 345.4KB

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 Regulation of Fiduciaries (Fiduciary Advertisements and Annual Returns)(Amendment) Regulations, 2013 6.6MB

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 Rules and Guidance, 2021 1.1MB -
Retirement Annuity Trust Schemes Rules, 2010 1.4MB
Retirement Annuity Trust Schemes Rules, 2010 (consolidated text) 1MB
The Fiduciary Rules and Guidance 2020 1MB -
The Pension Rules and Guidance 2020 726.8KB -
The Retirement Annuity Trust Schemes (Amendment) Rules, 2013 691.5KB
The-Retirement Annuity Trust Schemes Rules 2015 321.4KB

Codes

Code of Corporate Governance 525.4KB
Principles of Conduct of Finance Business 72.5KB

Guidance

Cyber Rules and Guidance, 2021 1.1MB -
Enforcement-Guidance-Note-2017
Guidance Note on Private Trust Companies 546.3KB
Guidance Notes for 124 Fiduciary Annual Return Full Fiduciary 1MB -
Note on company formation 148.7KB
Note on managed trust company relationships 23.7KB
Registered Office Guidance 471.7KB -
Risk-based Supervision in Guernsey 376KB
Social Media Issues 31.4KB
Standard on the Regulation of Trust and Corporate Service Providers 516KB

Consultations

Consultation Paper – Pension Rules 587.6KB -
Consultation Paper – Proposals to create a single Fiduciary Handbook 504.2KB -
Cyber Rules Consultation Paper Feedback 751.8KB -
Discussion Paper on Ancillary Vehicles 572.2KB -
Discussion Paper on the New Fiduciary Licence Categorisation 400.8KB -
DP - Proposals to create Fiduciary Handbook CLOSED 30 April 2019 658.8KB -
Draft Fiduciary Handbook 1MB -
Draft Pension Rules 1.1MB -
Lending, Credit & Finance Consultation Paper 2.1MB -
Modernisation of Framework for Pensions Supervision Discussion Paper 834.3KB -