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Regulation
Day to day responsibility for the regulation of the finance sector rests with the Guernsey Financial Services Commission, which was established under the Financial Services Commission (Bailiwick of Guernsey) Law, 1987 with general and statutory responsibilities. The Commission was one of the world's first such unitary bodies, with the regulation of banking, insurance and investment activity being carried out under one roof. Regulated entities now include banks, company administrators, directors, insurers, insurance intermediaries, investment firms and intermediaries and trust administrators.
Latest In Regulation
Guernsey sees massive rise in insurance business
The number of insurance licences issued in Guernsey last year was almost 25% more than during 2008.
Friday 22 January 2010
Guernsey Regulator has rejected Guernsey Post requests
Guernsey Post has asked the Regulator to approve changes to the Postal Tariff with effect from April 2010. The regulator has not approved the tariff requested and has also announced that he is to open the Guernsey Postal Market to Competition.
Saturday 07 November 2009
Guernsey welcomes British Offshore financial centres review
An independent review of British Offshore Financial Centres, published today, is a solid endorsement of Guernsey’s economic contribution to the UK economy, the island’s economic management, robust regulatory regime and adherence to international standards on tax information and transparency.
Thursday 29 October 2009
British Offshore Financial Centres Review published
Michael Foot's Review of British offshore financial centres was published this morning.
Thursday 29 October 2009
Also In This Section
Guernsey mortgages to be reviewed by GFSC
Investment fraud and cold calling warning
Postal monopoly may end to help consumers
Guersey Post warns of price rises
Guernsey energy provider plans hard hitting campaign
Guernsey Gas questions electricity pricing
Foot review on its way
GFSC seek comments on Business Rule changes
G20 agree to blacklists
G20 go on an offshore search this week
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