THE newest commissioner at the Guernsey Financial Services Commission has resigned less than a month after taking up the position.

TWO senior figures from the financial services sector are set to become commissioners of the Guernsey Financial Services Commission.

GIBA chairman Dominic Wheatley agrees that the States should be more closely involved in setting strategy and policy for the financial services sector.

THE Guernsey Financial Services Commission is prepared to embrace ‘good’ regulation standards rather than pursue what some might call ‘gold-plated’ regulation.

THE Guernsey Financial Services Commission has signed a statement of cooperation with the China Banking Regulatory Commission.

INDUSTRY concerns about a silo mentality and ineffective cross-division working at the Guernsey Financial Services Commission are to be addressed.

A CLEAR strategy is needed for financial services in Guernsey.

PLANS to assess more effectively the impact of proposed financial regulatory measures have been welcomed by the Guernsey International Business Association.

A NEW methodology to assess the impact of proposed regulatory measures is to be trialled by the Guernsey Financial Services Commission.

THE recently-issued code of corporate governance for Guernsey’s finance sector is now much less prescriptive than its initial drafts, according to the head of the practitioner party who worked on it with the regulator.