Fiduciary

​The Al-Qaida regime under EU Council Regulation 881/2002 as amended is implemented in the Bailiwick 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. EU Council Regulation 2015/64 further amends the 2002 Regulation by making changes to the list of...

The EU sanctions in relation to Libya have been implemented in the Bailiwick by the Libya (Restrictive Measures) (Guernsey) Ordinance, 2011, the Libya (Restrictive Measures) (Alderney) Ordinance, 2011 and the Libya (Restrictive Measures) (Sark) Ordinance, 2011. An asset freeze no longer applies to Ahmed Mohammed Qadhaf Al Dam. This change has taken place as a judgement by the General Court of the...

Please be advised that guidance on prohibitions and authorisations in respect of exports and related financial assistance under the EU’s sanctions against the Russian Federation has been issued by the European Commission. The EU sanctions in relation to the Russian Federation have been implemented in the Bailiwick by the Russian Federation (Restrictive Measures) (Guernsey) Ordinance, 2014, the...

There have been a number of developments in relation to the Bailiwick’s sanctions regime. Measures which should be taken as a result are set out at the end of this notice. CRIMEA AND SEVASTOPOL The Crimea and Sevastopol (Restrictive Measures) (Guernsey) Ordinance, 2014 has been amended by the Crimea and Sevastopol (Restrictive Measures) (Guernsey) (Amendment) Ordinance, 2014. The amendment...

The Commission is today issuing Instruction Number 07/2014 for Financial Services Businesses and Prescribed Businesses, copies of which can be accessed on the FC&A section of the Commission’s website: Instruction No. 07/2014 for Financial Services Businesses and Instruction No. 07/2014 for Prescribed Businesses 18 December 2014

​Please be advised that there has been an amendment to the sanctions regime in relation to Syria. Measures which should be taken as a result are set out at the end of this notice. SYRIA Council Regulation (EU) 36/2002, as implemented by the Syria (Restrictive Measures) (Guernsey) Ordinance, 2012, the Syria (Restrictive Measures) (Alderney) Ordinance, 2012 and the Syria (Restrictive Measures) (Sark...

​Please be advised that there have been a number of developments in relation to the Bailiwick’s sanctions regime in relation to the Ukraine, the Central African Republic and the Russian Federation, which are set out below. Measures which should be taken as a result are set out at the end of this notice. UKRAINE Council Regulation (EU) 269/2014, as implemented by the Territorial Integrity etc. of...

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 the Al-Qaida network and terrorist asset freezing measures. Measures which should be taken as a result are set out at the end of this notice. AL–QAIDA NETWORK Council Regulation (EC) No 881/2002 of 27 May 2002, as...

The Commission is today issuing Instruction Number 06/2014 for Financial Services Businesses and Prescribed Businesses replacing Instruction No. 02/2014 issued on 9 July 2014. Libya has been removed from Part C which is the list of countries and territories of concern to the Commission. This means that financial services businesses and prescribed businesses may apply a risk based approach to...