General

#GuernseyGrowth2035 The Guernsey Financial Services Commission has today published its feedback paper and a guidance note on the tokenisation of assets following consultation on Supporting Growth with Digital Finance. The papers build on work already delivered through the Commission’s Digital Finance Initiative, setting out a programme of practical measures to support innovation and strengthen...

The Commission has become aware of a possible phishing attempt being sent purporting to be from the Commission, using the domain “ gfsc.gg.verixsend.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 only from the domain ending “ gfsc.gg.” Firms are reminded...

The Commission is working with the Isle of Man Financial Services Authority and the Jersey Financial Services Commission to encourage banks to adopt a consistent approach to dealing with “authorised push payment” (“APP”) fraud across the Crown Dependencies. The framework proposed reflects high level principles and areas of common direction between the Crown Dependency financial services regulators...

Advances in frontier artificial intelligence (“AI”) models are reshaping the cyber risk landscape. These models are increasingly capable of identifying software vulnerabilities, including within large, complex and legacy code bases, at a speed and scale that was previously unattainable. Whilst these capabilities have the potential to enhance cyber resilience when used responsibly, they are also...

The Guernsey Financial Services Commission is pleased to announce that the States of Guernsey has appointed Fiona King as a Commissioner. The vacancy arose following the retirement of Philip Middleton. Mrs King has spent over three decades in the financial services industry as both a senior private sector executive and regulator, giving her a practical understanding of regulation from both sides...

A new podcast from the Guernsey Financial Services Commission offers an audio companion to the Commission’s recently published 2025 Annual Report. Produced by the Commission’s Technology Innovation Unit, the podcast uses AI-generated scripting, voices and music to help make the report and financial statements easier to explore. The podcast takes listeners through the highlights of the Commission’s...

Guernsey Funds The total net asset value of Guernsey funds at the end of the quarter was £272.6 billion, a decrease over the quarter of £0.2 billion (-0.1%). Over the past year, total net asset values have decreased by £6.0 billion (-2.2%). Closed-ended Funds Within these totals, Guernsey closed-ended funds increased over the quarter by £4.5 billion (+2.0%) to just under £229.0 billion. This...

The Guernsey Financial Services Commission has today published its 2025 Annual Report and Financial Statements, highlighting a year of regulatory delivery, policy reform and investment in technology to support innovation and growth in the Bailiwick’s financial services sector. The report shows how the Commission worked through 2025 to maintain a credible and internationally respected regulatory...

The Commission welcomes the announcement by the States of Guernsey regarding the inclusion of the Bailiwick in the recently concluded Free Trade Agreement between the United Kingdom and the Gulf Cooperation Council (GCC). The agreement, concluded on 20 May 2026, represents a significant development in Guernsey’s international trading position and reflects the ongoing work of the States to ensure...