News

Articles from 2009

End of Reciprocal Health Agreement with the UK

12th February 2009
The States of Guernsey Health and Social Services Department has confirmed that the current Reciprocal Health Agreement between the Channel Islands and the UK is to cease with effect from 31 March 2009. The practical effect of the cessation of the agreement is that most Channel Island residents will no longer be able to access the NHS free of charge when in the UK, other than for treatment given...

Equitable Life Assurance Society Update- January 2009

22nd January 2009
​Statement to the House of Commons by the Chief Secretary to the Treasury on 15 January 2009 The Parliamentary Ombudsman’s report made two key recommendations; firstly, that the relevant public bodies should apologise for the ‘justifiable sense of outrage’ that has resulted from her findings of regulatory maladministration; and, secondly, that the Government should establish and fund a...

Lloyd's Becomes Licensed in Guernsey

6th January 2009
PRESS RELEASE​ A licence has been issued to Lloyd’s that enables Lloyd’s underwriters to carry on insurance business in Guernsey. The licence permits general insurance business (including domestic business) to be written in or from within the Bailiwick. Any Lloyd’s underwriter wishing to establish a physical presence in Guernsey should contact the Commission for further details of the regulatory...

Publication of Report of Inquiry into the Supervision of Landsbanki Guernsey

6th January 2009
The Guernsey Financial Services Commission (the Commission) is today publishing on its website a report prepared by a team from Promontory Financial Group (UK) Limited (PFG), led by Michael Foot CBE, into the circumstances leading to the rescue of Northern Rock (Guernsey) Limited and the placing of Landsbanki Guernsey Limited (LGL) into Administration. A copy of the report is available here . The...