Fiduciary

The Financial Services Commission (Bailiwick of Guernsey) Law, 1987 (“the Financial Services Commission Law”) The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc. (Bailiwick of Guernsey) Law, 2000 (“the Fiduciary Law”) The Criminal Justice (Proceeds of Crime) (Financial Services Businesses) (Bailiwick of Guernsey) Regulations, 2007, (“the Regulations”) The Handbook...

​ The Terrorism & Crime (Bailiwick of Guernsey) (Amendment) Regulations, 2010

​The Disclosure (Bailiwick of Guernsey) (Amendment) Regulations, 2010

Business from Sensitive Sources & Instructions

​On 22 October 2009 the Guernsey Financial Services Commission decided to make the following public statement in respect of Ms Pippa Marie Harbour: The Financial Services Commission (Bailiwick of Guernsey) Law, 1987 as amended (“the Financial Services Commission Law”) The Protection of Investors (Bailiwick of Guernsey) Law, 1987 as amended (the Protection of Investors Law”) The Banking Supervision...

​ Handbook for Financial Services Businesses Handbook for Prescribed Businesses

​The Commission has written to the managing directors of all Financial Services Businesses today, seeking comments on the proposed changes to Schedule 1 to the Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, 1999 ("the 1999 Law"), proposed changes to Schedule 1 to the Registration of Non-Regulated Financial Services Businesses (Bailiwick of Guernsey) Law, 2008 ("the 2008 Law")...

​Instructions for financial services businesses and prescribed businesses

The Commission has updated the Codes of Practice issued under section 35 of the Fiduciary Law. The changes, which come into force on 1 August 2009, can be summarised as follows: The names of the AML/CFT legislation and the AML Handbook have been updated. The names of the trust and company laws and related terminology have been updated. The description of the “four-eyes” requirement has been...