News

Sanctions Notice - Iraq

2nd October 2018
United Nations Security Council Resolution 1518, as implemented in the Bailiwick by the Iraq (United Nations Sanctions) Channel Islands Order 2000, has been amended. The effect of the amendments, which are automatically effective in the Bailiwick, is to remove one entity from the list of persons and entities subject to financial restrictions under Resolution 1518. Further details about the...

World Investor Week

1st October 2018
The Guernsey Financial Services Commission (‘the Commission’) is once again taking part in World Investor Week (WIW), an annual global initiative organised by the International Organisation of Securities Commission’s (IOSCO). It is being held during the first week of October. WIW seeks to promote the importance of investor education and protection.As part of its commitment, the Commission will be...

Sanctions Notice - Iraq

25th September 2018
United Nations Security Council Resolution 1518, as implemented in the Bailiwick by the Iraq (United Nations Sanctions) Channel Islands Order 2000,has been amended. The effect of the amendments, which are automatically effective in the Bailiwick, is to remove three entities from the list of persons and entities subject to financial restrictions under Resolution 1518. Further details about the...

Sanctions Notice - Iraq

25th September 2018
United Nations Security Council Resolution 1518, as implemented in the Bailiwick by the Iraq (United Nations Sanctions) Channel Islands Order 2000, has been amended. The effect of the amendments, which are automatically effective in the Bailiwick, is to remove two entities from the list of persons and entities subject to financial restrictions under Resolution 1518. Further details about the...

Sanctions Notice - Libya

25th September 2018
Council Regulation (EU) No 2016/44, as implemented by the Libya (Restrictive Measures) (Guernsey) Ordinance, 2016, the Libya (Restrictive Measures) (Alderney) Ordinance, 2016 and the Libya (Restrictive Measures) (Sark) Ordinance, 2016, has been amended by Council Implementing Regulation (EU) No 2018/1285.The Implementing Regulation is available here: Council Implementing Regulation (EU) 2018...

Sanctions Notice - Libya

25th September 2018
Council Regulation (EU) No 2016/44, as implemented by the Libya (Restrictive Measures) (Guernsey) Ordinance, 2016, the Libya (Restrictive Measures) (Alderney) Ordinance, 2016 and the Libya (Restrictive Measures) (Sark) Ordinance, 2016, has been amended by Council Implementing Regulation (EU) No 2018/1245.The Implementing Regulation is available here: Council Implementing Regulation (EU) 2018...

Sanctions Notice - Ukraine

25th September 2018
Council Regulation (EU) 269/2014, as implemented by the Territorial Integrity etc. of Ukraine (Restrictive Measures) (Guernsey) Ordinance 2014, the Territorial Integrity etc. of Ukraine (Restrictive Measures) (Alderney) Ordinance 2014 and the Territorial Integrity etc. of Ukraine (Restrictive Measures) (Sark) Ordinance 2014, has been amended by Council Implementing Regulation (EU) No 2018/1230.The...

Sanctions Notice - North Korea

25th September 2018
Council Regulation (EU) No 2017/1509, as implemented in the Bailiwick by the North Korea (Restrictive Measures) (Guernsey) Ordinance, 2017, the North Korea (Restrictive Measures) (Alderney) Ordinance, 2017, and the North Korea (Restrictive Measures) (Sark) Ordinance, 2017, has been amended by Council Implementing Regulation 2018/1231.The effect of the amendments, which are automatically and...

“The relationship between regulation and economic growth.”

17th September 2018
The Commission’s Director General, William Mason, was the guest speaker at today’s lunchtime event held by the Chamber of Commerce.Mr Mason explored the positive relationship that can exist between regulation and economic growth. He posited that the key issue is not whether growth and regulation can co-exist but rather what level and type of regulation is optimal for economic growth. He suggested...

June Quarter 2018 Statistics Show Increase

4th September 2018
Second Quarter 2018Investment Funds The net asset value of total funds under management and administration has increased in Sterling terms over the quarter ended 30 June 2018 by £13 billion (4.94%) to £276 billion. For the year since 30 June 2017, total net asset values increased by £5 billion (1.9%). Open-ended Funds Within these totals, Guernsey domiciled open-ended funds increased by £1.4...