Banking

​ The Bank of England issued a news release on 21 February 2002 regarding EC Regulation 310/2002 which relates to financial sanctions in respect of various members of the Government of Zimbabwe and persons associated with them. The news release is available via the below link: http://webarchive.nationalarchives.gov.uk/20130129110402/http://www.hm-treasury.gov.uk/d/boe_zim_210202.pdf Those named in...

​Interested parties are being invited to comment on a consultation document issued by the Commission which recommends the establishment of a deposit protection scheme in Guernsey. Currently, depositors in Guernsey do not have access to such a scheme and, in the event of the failure of a licensed Guernsey bank, they are exposed to the potential loss of their deposits. The introduction of a scheme...