News

Sanctions Notice - Russia

21st October 2022
Please be advised that the following 3 individuals and 1 entity have been designated under the Russia (Sanctions) (EU Exit) Regulations 2019 (the UK regulations): Saeed Aghajani Mohammad Bagheri Seyed Hojjatollah Qureishi Shahed Aviation Industries The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit)...

Sanctions Notice - Iran

11th October 2022
Please be advised that: Hossein ASHTARI (Group ID: 15602) Mohammad Rostami Cheshmeh GACHI (Group ID: 15597) Hassan KARAMI (Group ID: 15600) Haj Ahmad MIRZAEI (Group ID: 15596) Hassan SHAHVARPOUR (Group ID: 15601) Gholamreza SOLEIMANI (Group ID: 15599) Leila VASEGHI (Group ID: 15603) MORALITY POLICE (Group ID: 15598) have been designated under the Iran (Sanctions) (Human Rights) (EU Exit)...

2022 Financial Crime Risk Return Reminder

6th October 2022
The Commission wishes to remind all financial services businesses and prescribed businesses (with the exception of personal fiduciary licensees and general insurers) that the 2022 Financial Crime Risk Return (“the Return”) is due for submission by 31 October 2022. The Return can be found via the Commission’s Online Submissions Portal. Should you have any technical difficulties/queries relating to...

Sanctions Notice - Russia

6th October 2022
Please be advised that Sergei Vladimirovich Yeliseyev has been designated under the Russia (Sanctions) (EU Exit) Regulations 2019 (the UK regulations). The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit) Regulations, 2020 that have been made under the Sanctions (Bailiwick of Guernsey) Law, 2018 (the Sanctions...

Sanctions Notice - Russia

3rd October 2022
Please be advised that Elvira Sakhipzadovna Nabiullina has been designated under the Russia (Sanctions) (EU Exit) Regulations 2019 (the UK regulations). The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit) Regulations, 2020 that have been made under the Sanctions (Bailiwick of Guernsey) Law, 2018 (the Sanctions...

Sanctions Notice - Yemen

29th September 2022
Please be advised that the following individuals have been designated under the Yemen (Sanctions) (EU Exit) (No.2) Regulations 2020 (the UK regulations): Motlaq Amer Al Marrani Mansur Ahmad Al-Sa'adi. The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit) Regulations, 2020 that have been made under the Sanctions...

Sanctions Notice - Russia

27th September 2022
Please be advised that 89 individuals and 3 entities have been designated under the Russia (Sanctions) (EU Exit) Regulations 2019 (the UK regulations). The names of these individuals and entities are available here- Notice_Russia_260922.pdf (publishing.service.gov.uk) The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey)...

Second Quarter 2022 Investment Statistics

27th September 2022
Guernsey Funds The total net asset value of Guernsey funds has decreased in Sterling terms during the last quarter by £6.8 billion (-2.2%) to £302.8 billion. Over the past year, total net asset values have increased by £30.2 billon (11.1%). Open-ended Schemes Within these totals, Guernsey domiciled open-ended funds decreased over the quarter by £0.2 billion (-0.3%) to £54.2 billion. This...

‘Green Isle’ Guernsey launches Natural Capital Fund regime

20th September 2022
The Guernsey Financial Services Commission is pleased to announce three significant developments in its policy framework for sustainable finance coming into effect today. First, the Commission is launching its Natural Capital Fund framework, a new offer in the growing Guernsey Sustainable Funds Regime marking the completion of a pledge made as part of COP26 to extend the Commission’s regulatory...

Mr Geoffrey John Trebert (Date of Birth 26 March 1969) of 5 Fort Grey Apartments, La Route de la Lague, Torteval, Guernsey, GY8 0EQ

20th September 2022
Date of prohibition order pursuant to section 33 of the Financial Services Business (Enforcement Powers) (Bailiwick of Guernsey) Law, 2020 and prohibited functions: From 15 September 2022 until 15 July 2025: the functions of controller, director, partner, manager, money laundering reporting officer and money laundering compliance officer.