Articles from 2023

Please be advised that Oleg Yurievich Tinkov has been removed from the designations made under the UK Russia regulations and is no longer subject to an asset freeze. The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit) Regulations, 2020 that have been made under the Sanctions (Bailiwick of Guernsey) Law, 2018...

The Commission has today issued its report on the Thematic Review of Unclaimed Client Money of Collective Investment Schemes (“the Thematic”). The Thematic was undertaken in order to gain a better understanding of the value of unclaimed and unallocated monies in the collective investment scheme industry in Guernsey and how these monies are dealt with by the relevant parties. The Commission engaged...

Please be advised that 13 individuals and 1 entity have been designated under the Russia (Sanctions) (EU Exit) Regulations 2019 (the UK regulations) and are now subject to an asset freeze and trusts services sanctions . Please also be advised that details in respect of 9 individuals and 1 entity currently subject to an asset freeze and trusts services sanctions have been amended. Details of the...

The Commission is hosting a presentation on Financial Regulation in Guernsey at its offices on 9 August from 10am - 11.30am. This is aimed at A-Level students wanting to know about financial services regulation. To register attendance, please contact our HR team at [email protected]

Please be advised that the following entities Al Junaid Multi Activities Co Ltd Defense Industries System Gsk Advance Company Ltd Sudan Master Technology Tradive General Trading LLC Zadna International Company For Investment Limited have been added to the list of persons who are designated under the Sudan (Sanctions) (EU Exit) Regulations 2020 (the UK regulations). The UK regulations are given...

Please be advised that ABDELKADER SABRA has been removed from the list of persons who are designated under the Syria (Sanctions) (EU Exit) Regulations 2019 (the UK regulations) and is no longer subject to an asset freeze. The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit) Regulations, 2020 that have been made...

The Commission has today issued an updated Handbook on Countering Financial Crime and Terrorist Financing following consultations on rules and guidance in relation to an independent audit function, business risk assessments, virtual asset service providers and additional information disclosures for licensed trustees and partners. We have also updated Appendix I of the Handbook which lists...

Please be advised that an entry in relation to Moslem MOEIN has been corrected under the Iran (Sanctions) (Human Rights) (EU Exit) Regulations 2019 (the UK regulations). The person referred to above remains subject to an asset freeze and appears on the consolidated list, which can be found here The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK...

Please be advised that an entry in relation to DMITRII VLADIMIROVICH OVSYANNIKOV has been amended under the Russia (Sanctions) (EU Exit) Regulations 2019 (the UK regulations) . The person referred to above remains subject to an asset freeze and appears on the consolidated list, which can be found here The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of...