News

Last Friday, the Commission hosted a one-day event which challenged participating teams to develop digital solutions for one or more of the three pre-set challenges showing how technology could be used to: 1. Optimise efficient and effective client due diligence (and hence reduce costs for Bailiwick businesses). 2. Improve administration. 3. Help the financially excluded. The event was a…

The Commission has today issued a guidance note in respect of the provision of registered office services by unregulated persons. The aim of the guidance note is to act as a reminder that the provision of registered office is a regulated activity and explain why that is the case.  

Please be advised that the United Nations Security Council has added two entries to the list of individuals and entities associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267.  All entities on the list are subject to restrictive measures which include targeted financial sanctions.  Further details are available here: …

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 2018/870. The amendments made by these Regulations are automatically effective in the Bailiwick. The…

As part of its commitment to supporting innovation within the Bailiwick’s financial services industry, the Commission is hosting a one-day event on Friday 22 June. Expressions of interest in taking part were sought and a cross section of businesses and individuals have entered. The SoundBox Sprint will provide an exciting opportunity for the participating teams to develop digital solutions to…

This Notice is issued further to the previous Sanctions Notice issued in relation to the amendment of an entry on the list of individuals and entities associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267. Please be advised that corresponding changes have now been made to the list maintained by the European Union under Council Regulation…

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 subject to financial restrictions under Resolution 1518.   Further details about the amendments are…

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) 2018/827. The effect of the amendments, which are automatically and immediately effective…

Please be advised that the United Nations Security Council has amended an entry on the list of individuals and entities associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267.  All entities on the list are subject to restrictive measures which include targeted financial sanctions.  Further details are available here: …

This Notice is issued further to the previous Sanctions Notice issued in relation to the amendment of an entry on the list of individuals and entities associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267. Please be advised that corresponding changes have now been made to the list maintained by the European Union under Council Regulation…