Financial Crime

Please be advised that on 3 September 2015 the United Nations Security Council added the name of 1 natural person (“the listed person”) to the list of persons associated with Al-Qaida maintained under United Nations Security Council Resolution 1267.  All persons on the list are subject to restrictive measures, including financial sanctions. Further information about the listed person is…

This Notice is issued further to a Sanctions Notice issued last month in relation to the removal of one natural person from the list of persons associated with Al-Qaida maintained under United Nations Security Council Resolution 1267, and changes to the details relating to two other listed persons.  Please be advised that corresponding changes have now been made to the list maintained by the…

On the 29 May 2015 the Commission released a consultation paper relating to proposals to amend the Bailiwick’s Handbooks for financial services businesses and prescribed businesses on countering financial crime and terrorist financing. The consultation period has closed and the Commission would like to thank everyone who took the opportunity to respond to the paper. The consultation paper…

Please be advised that the United Nations Security Council has amended the list of persons associated with Al-Qaida maintained under United Nations Security Council Resolution 1267.  All persons on the list are subject to restrictive measures which include targeted financial sanctions. The details in respect of two individuals on the list have been updated. Further information is available…

​The Commission is aware that there has been a recent increase in attempts by a criminal group to target local businesses with distributed denial of service attacks. The Guernsey Police have issued the below warning, via the States of Guernsey website, explaining the background to the attacks and detailing the steps that businesses should take to protect their networks from attack…

​Council Regulation (EC) No 881/2002, as implemented by the Al-Qaida (Restrictive Measures) (Guernsey) Ordinance, 2013, the Al-Qaida (Restrictive Measures) (Alderney) Ordinance, 2013 and the Al-Qaida (Restrictive Measures) (Sark) Ordinance, 2013, has been amended by Council Implementing Regulation (EU) No 2015/1390 with effect from 15 August 2015.  The amendments give effect to recent changes…

HM Treasury has renewed the final designation in respect of five individuals under the Terrorist Asset-Freezing etc. Act 2010.  These individuals therefore remain Designated Person for the purposes of the Act and continue to be subject to the financial sanctions imposed by the Act. Further details are available here…

Please be advised that the United Nations Security Council has amended the list of persons associated with Al-Qaida maintained under United Nations Security Council Resolution 1267.  All persons on the list are subject to restrictive measures which include targeted financial sanctions.  The effect of the amendments is to add one entity to the list, and to amend the details in respect of an…

​Please be advised that there have been a number of developments in relation to the Bailiwick's sanctions regime, which are set out below. These developments concern sanctions relating to Afghanistan, Al-Qaida Network, Belarus, Iran and Terrorism and Terrorist Financing. AFGHANISTAN Council Regulation (EU) No 753/2011, as implemented in the Bailiwick by the Afghanistan (Restrictive Measures)…

Council Implementing Regulation (EU) No 284/2014 in respect of Council Regulation (EU) No 269/2014 of 17 March 2014, as implemented in the Bailiwick by the Territorial Integrity etc. of Ukraine (Restrictive Measures) (Guernsey) Ordinance, 2014, the Territorial Integrity etc. of Ukraine (Restrictive Measures) (Alderney) Ordinance, 2014, and the Territorial Integrity etc. of Ukraine (Restrictive…