Articles from 2017

The United Nations Security Council has removed one individual from the list of persons associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267. All persons on the UN list are subject to restrictive measures which include targeted financial sanctions. Further information is available here: https://www.un.org/press/en/2017/sc12755.doc.htm UN...

Council Regulation (EU) No 747/2014, as implemented in the Bailiwick by the Sudan (Restrictive Measures) (Guernsey) Ordinance, 2014, the Sudan (Restrictive Measures) (Alderney) Ordinance, 2014 and the Sudan (Restrictive Measures) (Sark) Ordinance, 2014, has been amended by Council Implementing Regulation (EU) 2017/401. The Implementing Regulation is available here: Council Implementing Regulation...

Council Regulation (EU) No 2015/735, as implemented in the Bailiwick by the South Sudan (Restrictive Measures) (Guernsey) Ordinance, 2015, the South Sudan (Restrictive Measures) (Alderney) Ordinance, 2016 and the South Sudan (Restrictive Measures) (Sark) Ordinance, 2015, has been amended by Council Implementing Regulation (EU) 2017/402. The Implementing Regulation is available here: Council...

This Notice is issued further to a previous Sanctions Notice issued in relation to the removal of an individual from the list of persons subject to restrictive measures under United Nations Security Council Resolution 1988. Please be advised that a corresponding change has now been made to the list maintained by the European Union under Council Regulation (EC) No 753/2011, by Council Implementing...

Council Regulation (EU) No 377/2012, as implemented in the Bailiwick by the Republic of Guinea-Bissau (Restrictive Measures) (Guernsey) Ordinance, 2012, the Republic of Guinea-Bissau (Restrictive Measures) (Alderney) Ordinance, 2012 and the Republic of Guinea-Bissau (Restrictive Measures) (Sark) Ordinance 2012, has been amended by Council Implementing Regulation (EU) 2017/403. The Implementing...

Council Regulation (EC) No 36/2012, as implemented by the Syria (Restrictive Measures) (Guernsey) Ordinance, 2012, the Syria (Restrictive Measures) (Alderney) Ordinance, 2012 and the Syria (Restrictive Measures) (Sark) Ordinance, 2012, has been amended by Council Implementing Regulation (EU) No 2017/480. The Implementing Regulation is available here: Council Implementing Regulation (EU) 2017/480...

Beijing, People's Republic of China: The Director General of the Guernsey Financial Services Commission (GFSC), William Mason, and the Director General of the China Insurance Regulatory Commission CIRC), Mr Jiang Bo, have today signed a Memorandum of Understanding (MoU). The signing ceremony was also attended by Guernsey's Deputy Chief Minister, Deputy Lyndon Trott and the CIRC Vice-Chairman, Mr...

Mr Galliers was a director and shareholder of an insurance intermediary licensed under The Insurance Managers and Insurance Intermediaries (Bailiwick of Guernsey) Law, 2002. Mr Galliers was convicted in March 2016 of 10 counts of fraud by abuse of position contrary to sections 1, 4 and 5 of The Fraud (Bailiwick of Guernsey) Law, 2009 and sentenced to 3 years imprisonment. On 10 March 2017 the...

United Nations Security Council Resolution 1518, as implemented in the Bailiwick by the Iraq (United Nations Sanctions) Channel Islands Order 2000, has been amended. The effect of the amendments, which are automatically effective in the Bailiwick, is to remove one entity from the list of persons subject to financial restrictions under Resolution 1518. Further details about the amendments are...