Guernsey Financial Services Commission releases slides reinforcing conflicts of interest expectations for investment and fiduciary firms

The Guernsey Financial Services Commission has released the slides from two presentations on the findings of its thematic review of conflicts of interest in the investment and fiduciary sectors. The sessions reiterated that conflicts are inevitable and that firms need to actively manage and mitigate them, not merely identify or record them, to deliver fair outcomes. Drawing on the thematic review published on 22 September 2025, the Commission noted that firms generally identify, manage and record conflicts appropriately through policies, procedures and periodic training. The presentations provided examples of controls firms have implemented for different conflict scenarios and highlighted areas for further consideration when firms next enhance their policies, procedures and controls. Around 180 people attended the two presentations.