How escalation happens — and how to prevent it Enforcement is rarely a cliff-edge moment for a licensed firm. More often, it’s the predictable end of a supervisory story that’s gone off-course. In Guernsey, the Guernsey Financial Services Commission (“GFSC”) engages, probes, visits, tests—and expects remediation. Supervision...

Many Guernsey firms, regulated and unregulated, outsource discrete activities to address local capacity constraints, access specialist capability, achieve cost efficiency and keep internal teams focused on core business. Outsourcing is more than a change of delivery route; it requires deliberate design, clear accountability and ongoing...