News

General

Acting as a director of a company with an “established place of business” in the Bailiwick

15th August 2025
Acting as a director is a regulated activity in the Bailiwick of Guernsey and individuals who do so by way of business* may be required to register with the Guernsey Financial Services Commission (“the Commission”) or apply for a licence. The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc (Bailiwick of Guernsey) Law, 2020 ("the Fiduciaries Law") provides statutory...

Phishing attempt

15th August 2025
The Commission has become aware of a phishing attempt being sent purporting to be from the Commission Secretary, Alice Joy, using the domain “ gfsc.gg.zitirxsend.com” If you have received an email from the Commission and you are unsure of its authenticity, please do not click on any links or attachments and instead forward it to [email protected] . The Commission sends its emails from the domain...

Commission signs MoU with Capital Markets Authority of Kuwait

14th August 2025 Director General William Mason signing the MoU at a desk behind Guernsey and Kuwait flags
The Guernsey Financial Services Commission (“the Commission”) has signed a Memorandum of Understanding (“MoU”) with the Capital Markets Authority of Kuwait, the authority responsible for regulation of capital markets in Kuwait. The MoU provides a framework for cooperation and information sharing between the two authorities. Speaking about the MoU, the Commission’s Director General, William Mason...

Successful release of the online Applications and Authorisations Portal

12th August 2025
The Guernsey Financial Services Commission is delighted to announce the successful production release of its new online Applications and Authorisations Portal, completed on 8 August 2025, just three months after its beta launch. The new portal, also known as the A&A Portal, streamlines the applications and authorisations process through a secure, online platform, making it significantly easier for...

Enhancing Biodiversity – Sustainability Reporting in the Bailiwick of Guernsey – A Feedback Paper

30th July 2025
The Commission has today issued a Feedback Paper providing feedback to the responses received to the Commission’s Discussion Paper (“DP”) on The Future of Sustainability Reporting in the Bailiwick of Guernsey issued in July 2024. The DP provided a summary of international developments in the area of sustainability reporting, including the work of the International Sustainability Standards Board...

Commission’s new Engagement Hub

30th July 2025
The Commission is pleased to announce the launch of its new Engagement Hub, which replaces its Consultation Hub. In addition to supporting the Commission to run consultations, issue discussion papers, and provide feedback to industry on previous engagement activities, the site will also include details of upcoming events. Previous consultation papers, discussion papers and feedback papers are...

Commission seeks views on personal experience with motor finance

21st July 2025 GFSC Motor Finance Survey Image of Car and Text
The Guernsey Financial Services Commission is asking members of the public to share their personal experiences of seeking, obtaining and/or being a customer of motor finance by completing a short survey. Since 1 July 2023, the Commission has been responsible for regulating loans and other consumer credit products under the Lending, Credit and Finance (“LCF”) Law, including motor finance products...

Senior Decision Makers panel appointments

7th July 2025
The Commission maintains a panel of ‘Senior Decision Makers’ who determine the outcome of the Commission’s enforcement cases. A Senior Decision Maker, sitting alone, hears those cases involving findings of serious regulatory shortcomings against a licensee and/or individual directors and where those findings are contested. As part of the process, Senior Decision Makers are also required to...

Commission supports IOSCO's initiative to combat online harm and the role of platform providers

27th June 2025
The Commission is pleased to be supporting IOSCO's (the global association of securities and investment regulators) initiative to work with big tech to increase the standards of protection accorded to consumers using social media. This is an example of national regulators working together globally to endeavour to reduce harms to consumers which can occur as a result of their use of global social...