General

Fourth Quarter 2025 Guernsey Funds The total net asset value of Guernsey funds at the end of the quarter was £272.8 billion, which is virtually unchanged from the previous quarter. Over the past year, total net asset values have decreased by £17.3 billion (-5.9%). Closed-ended Schemes Within these totals, Guernsey closed-ended funds decreased over the quarter by £1.6 billion (-0.7%) to £224.4...

The Commission can announce that it should be able to discount insurance industry fees for 2027 by 15-20% [1]. Today, the Commission issued a public statement detailing the action we have taken to fine an insurance licensee a total of £1.96mn. This is the largest fine levied since the States of Deliberation changed the Commission’s fining powers in 2017 in response to a MONEYVAL recommendation...

The Commission is pleased to note that our Deputy Director General (Policy and Supervision), Gillian Browning, has won a top Citywealth Powerwoman Award : the 2026 Global Standard Bearer for Women in Wealth. Gillian has directed wealth management supervision and policy in the Bailiwick of Guernsey for the past 11 years. William Mason, Director General, commented, “Gillian is well-known in Guernsey...

The Committee for Economic Development has today published the Finance Sector Strategy 2035, which brings together the work of government, industry, Guernsey Finance and the Commission in considering the future development of Guernsey’s finance sector following extensive engagement between us. A copy of it is available by following this link: Publication of the Finance Sector Strategy 2035 -...

The Commission will host a panel discussion, Digital Forum – Unlocking Digital Finance, on 23 February 2026 at 8.30am at Regency Court, Glategny Esplanade, St Peter Port. In December, the Commission issued a consultation paper setting out measures to support the adoption of digital finance across the Bailiwick. This session is designed to continue the conversation around the consultation...

The Commission supports innovation and recognises the role Artificial Intelligence (“AI”), in all forms, could play in transforming the way financial services are administered, managed and delivered at all levels. The Commission’s position is to encourage the adoption of various AI tools and new technological developments, such as machine learning, large language models, agentic and generative AI...

The Commission has become aware of a possible phishing attempt being sent purporting to be from the Commission, using the domain “gfsc.gg.cliopost.com" If you have received such an email from the Commission, please do not reply or click on any links or attachments and instead forward it to [email protected] The Commission sends its emails from the domain ending “ gfsc.gg.” Firms are reminded of the...

The Guernsey Financial Services Commission (the Commission) is pleased to announce the launch of a Trainee Development Programme – a full-time, salaried opportunity designed for school leavers to begin a meaningful career in financial regulation while studying for a Degree in Applied Finance with the University of Exeter. This four-year programme offers successful applicants the chance to earn...

The Guernsey Financial Services Commission (the Commission) is pleased to announce that a new regulatory regime for equity release will come into effect on 1 January 2026, following extensive consultation and legislative amendments under the Lending, Credit and Finance (LCF) Law. Equity release enables older homeowners to access some of the value tied up in their residential property without...