Updated codes of practice for fiduciaries are available from the GFSC website – click here.

The Channel Islands Stock Exchange (CISX) will be hosting its inaugural International Business Summit in Guernsey on 11 September 2009. The programme will include current issues relevant to the finance sector with world class speakers. The Bailiff of Guernsey, Sir Geoffrey Rowland, will be giving a keynote address on Guernsey’s position within the global finance industry. Click here for the information booklet on the summit.

The Magistrate’s Court (Guernsey), Law 2008 came into force on 1 September 2009. As a result, the civil (petty debts) jurisdiction of the Magistrate’s Court has increased from £2,500 to £10,000.

Use of sponsored searches on internet search engines is a common marketing tactic. The Financial Services Authority in the UK has just issued guidance for financial services businesses in the UK on the use of sponsored Ad Words on sites such as Google. Although some guidance is available for Guernsey businesses via the GFSC, the FSA Code is likely to set a benchmark as to what is and is not acceptable use of sponsored searches within the financial services sector. Click here to access the FSA guidance.