Consumers

​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: http://www.gov...

​On 17 August 2015, the Commission made the following Prohibition Orders against Martyn Paul Gordon (Date of Birth 22 July 1972) of La Corniche, La Mine Doree, Rue de la Boullerie, St Andrews, Guernsey, GY6 8XQ: The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc. (Bailiwick of Guernsey) Law, 2000​from 17 August 2015 until 16 August 2029: any function in relation to...

A presentation on “Guernsey Financial Advice Standards – Qualified and Competent” has been given to the local branch of the Chartered Institute for Securities & Investment by the Commission. This presentation, which was followed by a question and answer session, aimed to raise awareness of the qualification and competence requirements on Financial Advisers who give advice to retail clients on...

​As cited in our news release dated 5th May 2015, the matters relating to the application by the Guernsey Financial Services Commission under the Protection of Investors (Administration and Intervention) (Bailiwick of Guernsey) Ordinance, 2008 for the appointment of Administration Managers to Trinity Global Fund were adjourned until 7th May 2015.On 7th May 2015 in the Royal Court of Guernsey...

​ On the 24 April the applications made by The Guernsey Financial Services Commission, under the Protection of Investors (Administration and Intervention) (Bailiwick of Guernsey) Ordinance, 2008 for the appointment of Administration Managers to Lancelot Management Limited and Trinity Global Fund were adjourned until the 1 May 2015. During the interim period Mr Daryn Hutchinson a director of...

The Guernsey Financial Services Commission, acting to protect the interests of investors and pursuant to powers granted to it under the Protection of Investors (Administration and Intervention) (Bailiwick of Guernsey) Ordinance of 2008, today made an application to the Court to have administrators appointed to a number of Guernsey authorised investment schemes. As a result of that application, the...

The Financial Services Commission (Bailiwick of Guernsey) Law 1987; as amended (the “Financial Services Commission Law”); and The Protection of Investors (Bailiwick of Guernsey) Law 1987 (the “Protection of Investors Law”) The Guernsey Financial Services Commission (the “Commission”) issues this notice pursuant to its powers under section 2(2)(e) of the Financial Services Commission Law, and...

​ It has come to the Guernsey Financial Services Commission’s attention that a website cites the following as cells of The Global Mutual Fund PCC Limited, a fund authorised in Guernsey: CWM Capital Fund CWM Balanced CWM Equity Fund CWM Prime Fund CWM Property Fund Please note that the above are not cells approved by the Guernsey Financial Services Commission.

​In 2014, the Commission commenced a review of the two Handbooks which provide the legal and regulatory framework for the financial services businesses and prescribed business sector on measures to address Anti Money Laundering and Combating the Financing of Terrorism. The Commission wanted to adopt a collaborative approach to the review and formed a joint working party with representatives of...