News

Articles from 2018

Sanctions Notice - Terrorism and Terrorist Financing

1st February 2018
HM Treasury has renewed the final designation of an entity under the Terrorist Asset-Freezing etc. Act 2010. The entity therefore remains a Designated Person for the purposes of the Act. Details of the entity are available here: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/677617/TAFA_Renewal_Notice_29-01-18_Hizballah_Military_Wing.pdf Persons who are the subject of a...

Sanctions Notice - Tunisia

30th January 2018
Council Regulation (EU) 101/2011, as implemented in the Bailiwick by the Tunisia (Freezing of Funds) (Guernsey) Ordinance 2011, the Tunisia (Freezing of Funds) (Alderney) Ordinance 2011 and the Tunisia (Freezing of Funds) (Sark) Ordinance 2011, has been amended by Council Implementing Regulation (EU) 2018/137. The Implementing Regulation, which is automatically and immediately effective in the...

Sanctions Notice - Terrorism and Terrorist Financing

30th January 2018
HM Treasury has renewed the final designation of an entity under the Terrorist Asset-Freezing etc. Act 2010. The entity therefore remains a Designated Person for the purposes of the Act. Details of the entity are available here: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/676791/TAFA_Renewal_Notice_25-01-18_ETA.pdf Persons who are the subject of a designation under...

Reminder Annual Fees due by 31 January 2018

29th January 2018
GUERNSEY FINANCIAL SERVICES COMMISSION ANNUAL FEES 2018 All businesses, entities and individuals licensed by or registered with the Guernsey Financial Services Commission are reminded that the payment of annual fees to the Commission are due by 31 January 2018. If payment is received after the due date a late payment penalty fee will be applied in accordance with Regulation 2 of the Financial...

Sanctions Notice - Venezuela

22nd January 2018
Council Regulation (EU) No 2017/2063, as implemented in the Bailiwick by the Venezuela (Restrictive Measures) (Guernsey) Ordinance, 2017, has been amended by Council Implementing Regulation (EU) No 2018/88. The effect of the amendments, which are automatically and immediately effective in Guernsey, is to place seven individuals (the listed persons) on the list of persons subject to an asset freeze...

Sanctions Notice - North Korea

22nd January 2018
Council Regulation (EU) No 2017/1509, as implemented in the Bailiwick by the North Korea (Restrictive Measures) (Guernsey) Ordinance, 2017, the North Korea (Restrictive Measures) (Alderney) Ordinance, 2017, and the North Korea (Restrictive Measures) (Sark) Ordinance, 2017, has been amended by Council Implementing Regulation (EU) No 2018/87. The effect of the amendments, which are automatically and...

Sanctions Notice - North Korea

16th January 2018
Council Regulation (EU) No 2017/1509, as implemented in the Bailiwick by the North Korea (Restrictive Measures) (Guernsey) Ordinance, 2017, the North Korea (Restrictive Measures) (Alderney) Ordinance, 2017, and the North Korea (Restrictive Measures) (Sark) Ordinance, 2017, has been amended by Council Implementing Regulation (EU) No 2018/53. The Implementing Regulation is available here: Council...

Sanctions Notice - Iraq

12th January 2018
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...

Sanctions Notice - North Korea

12th January 2018
Council Regulation (EU) No 2017/1509, as implemented in the Bailiwick by the North Korea (Restrictive Measures) (Guernsey) Ordinance, 2017, the North Korea (Restrictive Measures) (Alderney) Ordinance, 2017, and the North Korea (Restrictive Measures) (Sark) Ordinance, 2017, has been amended by Council Implementing Regulation (EU) No 2018/12. The effect of the amendments, which are automatically and...