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​ Handbook for Financial Services Businesses Handbook for Prescribed Businesses

​ Handbook for Financial Services Businesses Handbook for Prescribed Businesses

Date of prohibition order, law under which made and prohibited functions: The Protection of Investors (Bailiwick of Guernsey) Law, 1987​from 27 November 2009: director, controller, partner or manager in relation to a controlled investment business. The Banking Supervision (Bailiwick of Guernsey) Law, 1994from 27 November 2009: director, controller, partner or manager in relation to a deposit...

​Instructions for financial services businesses and prescribed businesses

The Commission has had a document brought to its attention with the letterhead titled "International Monetary Fund Clearance Commission" which claims to have an address in Guernsey. The Guernsey Financial Services Commission wishes to confirm that there is no such entity of this name and the document appears to form part of a fraud scheme. Anyone receiving such a document is advised to cease...

​The Guernsey Financial Services Commission has recently had a copy of a letter brought to its attention which contains details of both the States of Alderney and the Commission on the same headed paper. The letter, which is titled "Urgent Notice", refers to a large sum of money for a named individual and that a security deposit should be paid to a certain bank account. This is to warn anyone who...

​It has been brought to the Commission's attention that the above-named entity is operating a web site with an address of www.crystalixlondon.com.The web site indicates that CRYSTALIX LONDON provide offshore multi–manger funds which are structured as Protected Cell Companies (PCCs) domiciled in Guernsey. The purpose of this notice is to warn potential investors that the company is not licensed...

The above named company is a company incorporated under the laws of The Bahamas with registration number 34,965B. The purpose of this notice is to clarify that Guernsey Corporate Secretaries Limited is not a Guernsey company, nor is it licensed, authorised or in any way regulated by the Commission to carry out corporate secretarial or other regulated fiduciary activities under The Regulation of...

​It has been brought to the Commission's attention that a website has been operating using the trading name of Reality Millions. The site claims that an entity registered as an "International Business and Investment Trust Company" under the name RM Private Trust, also known as ITBG Securities Underwriters Corporation, has its home jurisdiction in the Channel Islands. The Commission wishes to...