Regulatory Alerts2025-05-15
Guernsey Financial Services Commission Cyber Security Rules 2020
The Guernsey Financial Services Commission issued the Cyber Security Rules, 2020 to mandate that all licensed financial services firms implement robust policies and controls to manage cyber risks. The regulations require firms to identify material assets, protect critical infrastructure through technical and administrative measures, and establish mechanisms for detecting and responding to security events. Additionally, licensees must notify the Commission of significant cyber incidents involving data loss or service disruption and ensure recovery capabilities are maintained.
Share