News

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...

Please be advised that details in respect of the following individual, who has been designated under the Global Anti-Corruption Sanctions Regulations 2021 (the UK regulations), have been amended: Sarju RAIKUNDALIA (Unique ID: GAC0051) The above entity is still subject to an Asset Freeze, Travel Ban and Director Disqualification Sanction . The entity referred to above appears on the UK sanctions...

Please be advised that the details of the following entries have been amended on the UK Sanctions list : Name: Unique ID: Deepak Kumar Taraknath PANDEY GIM0056 Manjeet SINGH GIM0057 Mohammad Sufiyan Dawood Ahmad DARAGUR GIM0064 Rakesh Taraknath PANDEY GIM0065 The persons/entities listed above are designated under the Irregular Migration and Trafficking in Persons Sanctions Regulations 2025 (the UK...

Please be advised that the following individuals/entities have been designated under the Russia (Sanctions) (EU Exit) Regulations 2019 (the UK regulations) : Name: Unique ID: Liran COHEN RUS3607 Igor Olegovich GORIN RUS3612 Irina Rafaelyevna AKOPYAN RUS3613 Sergey MENDELEEV RUS3614 EXMO EXCHANGE LIMITED RUS3602 NUEVA CRYPTOLOGIA, SOCIEDAD POR ACCIONES SIMPLIFICADA DE CAPITAL VARIABLE (S.A.S. DE C...

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...

Please be advised that the Security Council Committee pursuant to resolutions 1267 (1999), 1989 (2011) and 2253 (2015) concerning ISIL (Da'esh) and Al-Qaida has removed the following individuals from its sanctions list : Majeed Abdul CHAUDHRY QDi.054 Mohammed TUFAIL QDi.056 Mustafa Hajji Muhammad KHAN QDi.306 Hafiz Abdul Salam BHUTTAVI QDi.307 Aamir Ali CHAUDHRY QDi.312 Maulana FAZLULLAH QDi.352...

Please be advised that the following entry has been corrected under the Russia (Sanctions) (EU Exit) Regulations 2019 : GBU DO RK DOTs Alyye Parusa (Unique ID: RUS3579) The individual referred to above remain subject to an asset freeze, trust services sanctions and director disqualification sanctions and will appear on the UK sanctions list, which can be found here . The UK regulations are given...

The Bailiwick of Guernsey has achieved a positive result in a recent International Association of Insurance Supervisors (“IAIS”) Peer Review Process (“PRP”) examining how insurers manage their use of reinsurance and other forms of risk transfer. The objective of the IAIS PRP is to provide a point-in-time assessment of a jurisdiction’s supervisory and regulatory frameworks against the IAIS...