General

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...

Guernsey Funds The total net asset value of Guernsey funds at the end of the quarter was £272.8 billion, an increase over the quarter of £1.9 billion (+0.7%). Over the past year, total net asset values have decreased by £16.0 billion (-5.5%). Closed-ended Schemes Within these totals, Guernsey closed-ended funds decreased over the quarter by £0.6 billion (-0.2%) to £226.0 billion. This represents a...

The Commission plans to increase fees for most licensees by the rate of inflation next year, as consulted on. On 8 September 2025, the Commission published a consultation paper outlining proposed fee changes effective from 1 January 2026. The key proposals included: an overall fee increase of 3.9%, aligned with Guernsey mid-year RPI; rebasing of Private Investment Fund (“PIF”) fees; an adjustment...

In advance of the publication of the Commission’s fee consultation feedback paper in December, please note that in early January, the Commission will be distributing 2026 annual fee invoices using the generic email address that we hold on record for each licensee and registrant. If you wish to check which email address the Commission holds for your firm, please contact [email protected] quoting...

In a high-level speech entitled “Enabling Growth – Digital and Sustainable Finance”, the Commission’s Director General, William Mason, set out a pro-growth and pragmatic regulatory agenda that puts economic prosperity and financial stability ahead of the precautionary principle. William was speaking at an event organised by STEP, Guernsey branch and the Guernsey Association of Trustees. On...

The Commission will host its next Digital Forum roundtable on Monday 1 December as part of its Digital Finance Initiative. The session called ‘Artificial Intelligence in Finance: Innovation, Oversight and Opportunity’ will be held at the Commission’s Regency Court offices. We are keen to signal our openness to firms using technology to meet regulatory expectations and welcome dialogue with firms...