The Guernsey Financial Services Commission noted that the Court of Appeal has handed down a judgment on the Commission’s powers to issue a public statement, allowing the Commission’s appeal on five of the six grounds advanced, setting aside the Royal Court’s judgment, and reinstating the Senior Decision Maker’s decision to issue the statement in the terms originally proposed.
Guernsey Financial Services Commission 2026-03-27
Guernsey Financial Services Commission wins Court of Appeal ruling reinstating decision to issue a public statement
The Guernsey Financial Services Commission announced that the Court of Appeal upheld the Commission's appeal on five of six grounds regarding its authority to issue a public statement. This decision overturns the Royal Court's judgment and reinstates the Senior Decision Maker's original decision.