News

Louvre Fund Services Limited, Kevin Paul Gilligan, Charles Peter Gervais Tracy

19th September 2016
The Financial Services Commission (Bailiwick of Guernsey) Law, 1987 as amended (“the Financial Services Commission Law”) The Protection of Investors (Bailiwick of Guernsey) Law, 1987 as amended (the “POI Law”)Louvre Fund Services Limited – (“Louvre”) Mr Kevin Paul Gilligan– Executive Director (“Mr Gilligan”)Mr Charles Peter Gervais Tracy - Executive Director (“Mr Tracy”) (together “the Directors”)...

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

15th September 2016
​ISIL (DA’ESH) AND AL-QAIDA NETWORKThis Notice is issued further to a previous Sanctions Notice issued in relation to the updating of information about an individual on the list of persons associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267 (the listed person). Please be advised that a corresponding change has now been made to the list...

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

15th September 2016
ISIL (Da'esh) and Al-Qaida NetworkPlease be advised that the United Nations Security Council has amended the details in respect of two individuals (“the listed persons”) on 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...

Providence Investment Funds PCC Limited and Providence Investment Management International Limited

9th September 2016
The Commission has received a copy of the Administrator’s report and also attended a hearing before the Royal Court earlier today where the initial findings set out in that report were presented. The Commission considers it to be extremely concerning that it is not currently possible to fully account for investors’ funds and appreciates that such news will be extremely distressing for those...

Sanctions Notice - Iraq, ISIL (Da'esh) and Al-Qaida Network

8th September 2016
IraqUnited 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 amendment, which is 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 amendment are...

Sanctions Notice - Afghanistan

8th September 2016
Please be advised that the United Nations Security Council has amended the details in respect of fourteen individuals (“the listed persons”) on the list of persons maintained under United Nations Security Council Resolution 1988. 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/2016...

Bordeaux Services (Guernsey) Limited, Peter Gordon Radford, Neal Anthony Meader, Geoffrey Robert Tostevin

7th September 2016
The Financial Services Commission (Bailiwick of Guernsey) Law, 1987, as amended ("the Financial Services Commission Law") The Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended ("the Protection of Investors Law") The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc (Bailiwick of Guernsey) Law, 2000, as amended ("the Fiduciaries Law") The Banking...

Sanctions Notice - Central African Republic

5th September 2016
CENTRAL AFRICAN REPUBLICCouncil 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 2016...

Guernsey Insurance Brokers Ltd, Mr Richard Julian Wickins and Mr David John Merrien

2nd September 2016
IN THE MATTER OF:THE FINANCIAL SERVICES COMMISSION (BAILIWICK OF GUERNSEY) LAW, 1987THE PROTECTION OF INVESTORS (BAILIWICK OF GUERNSEY) LAW, 1987THE BANKING SUPERVISION (BAILIWICK OF GUERNSEY) LAW, 1994 THE REGULATION OF FIDUCIARIES, ADMINISTRATION BUSINESSES AND COMPANY DIRECTORS, ETC (BAILIWICK OF GUERNSEY) LAW, 2000THE INSURANCE BUSINESS (BAILIWICK OF GUERNSEY) LAW, 2002 THE INSURANCE MANAGERS...

Sanctions Notice - ISIL (Da'esh), Al-Qaida Network and Iraq

1st September 2016
Isil (Da’esh) And Al-Qaida NetworkThis Notice is issued further to a previous Sanctions Notice issued in relation to the updating of information about an individual on the list of persons associated with ISIL (Da’esh) and Al-Qaida maintained under United Nations Security Council Resolution 1267 (the listed person). Please be advised that a corresponding change has now been made to the list...