He reminded members of the importance the Guernsey Financial Services Commission are placing on the management of conflicts, quoting the DG, William Mason who spoke on the subject in their 2017 update and highlighted the weaknesses they were seeing at that time. Jersey’s regulator also focussed on the topic in their “Dear John” letter to industry leaders in December. Peter covered the definition of conflicts, legal and regulatory obligations regulated businesses have and gave examples of typical, and less obvious, conflicts that you might be confronted with. Three case studies of particular relevance to fiduciaries gave as much food for thought as the excellent lunch served by the Moores Hotel team!
Aspida’s team of consultants have collected a range of observations which Peter shared together with several simple steps that can be taken to ensure full compliance with the rules and regulations.
Horizon scanning, keeping a weather eye on upcoming regulatory, governance and environmental changes, is a more recent “topic of interest” for regulators who are keen to know how your company is taking into account the future landscape.
Peter provided an overview of upcoming governance matters and the benefits that a GRC platform, such as Resolver by Aspida can have in helping to factor these into your planning.
We would like to welcome Alyson Keeling to the Aspida Team as Assistant Company Secretary. She joins us from previous roles such as a teacher, a head of department and then becoming an administrator in
We donated a green ‘Aspida Hamper’ to the The Irish Society Guernsey for their event at The Duke of Richmond in honour of St Patricks Day. We hope the winner enjoyed their prize.
Trainee Recruitment Drive If you are a school leaver, graduate or are looking for a career change and you have the drive and ambition to become one of our next generation of consultants, come and join
