News

Sanctions Notice - Syria

17th July 2017
Council Regulation (EC) No 36/2012, as implemented by the Syria (Restrictive Measures) (Guernsey) Ordinance, 2012, the Syria (Restrictive Measures) (Alderney) Ordinance, 2012 and the Syria (Restrictive Measures) (Sark) Ordinance, 2012, has been amended by Council Implementing Regulation (EU) No 2017/1241. The Implementing Regulation is available here: Council Implementing Regulation (EU) 2017/1241...

Seminar for Insurance Intermediaries

12th July 2017
The Guernsey Financial Services Commission has recently held its fourth annual seminar for insurance intermediaries. This year’s event was designed to assist local intermediaries who advise the retail public and local businesses on general insurance. The seminar addressed the issue of "under insurance and other current themes in the insurance broking profession" and was attended by some 50...

Sanctions Notice - Central African Republic

5th July 2017
Council Regulation (EU) 224/2014, as implemented in the Bailiwick by the Central African Republic (Restrictive Measures) (Guernsey) Ordinance, 2014, the Central African Republic (Restrictive Measures) (Alderney) Ordinance, 2014 and the Central African Republic (Restrictive Measures) (Sark) Ordinance, 2014, has been amended by Council Implementing Regulation (EU) No 2017/1090. The effect of the...

Sanctions Notice - Iran

5th July 2017
Council Regulation (EU) No 267/2012, as implemented in the Bailiwick by the Iran (Restrictive Measures) (Guernsey) Ordinance, 2012, the Iran (Restrictive Measures) (Alderney) Ordinance, 2012 and the Iran (Restrictive Measures) (Sark) Ordinance, 2012, has been amended by Council Implementing Regulation (EU) No 2017/1124. The Implementing Regulation is available here: Council Implementing Regulation...

Sanctions Notice - ISIL (Da’esh) and Al-Qaida Network

5th July 2017
This Notice is issued further to a previous Sanctions Notice issued in relation to the addition of one individual (the listed person) to the list of persons associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267. Please be advised that a corresponding change has now been made to the list maintained by the European Union under Council Regulation...

Sanctions Notice - ISIL (Da’esh) and Al-Qaida Network

5th July 2017
Please be advised that the United Nations Security Council has deleted three individuals from the list of persons associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267. All persons on the list are subject to restrictive measures which include targeted financial sanctions. Further details are available here: https://www.un.org/press/en/2017...

The new regulatory and supervisory framework for the pension sector

29th June 2017
Following the consultation which took place during May 2017, the Commission has today published The Pension Licensees (Conduct of Business) & Domestic and International Pension Scheme and Gratuity Scheme Rules 2017 ("the Rules") which will come into effect on the 30 June 2017. These rules accompany the new regulatory and supervisory framework for pension schemes which has been put in place through...

Sanctions Notice - ISIL (Da’esh) and Al-Qaida Network

20th June 2017
This Notice is issued further to a previous Sanctions Notice issued in relation to the updating of information relating to one entity (the listed person) on the list of persons associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267. Please be advised that a corresponding change has now been made to the list maintained by the European Union under...

Sanctions Notice - ISIL (Da’esh) and Al-Qaida Network

20th June 2017
The United Nations Security Council has added one individual (“the listed person”) to the list of persons associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267. All persons on the UN list are subject to restrictive measures which include targeted financial sanctions. Further information is available here: https://www.un.org/press/en/2017...