The restrictions imposed upon the Bailiwick as a result of the Covid-19 pandemic has seen an acceleration in the adoption of home working. Due to the potential increase in information security risks incurred as a result home working, the GFSC have published a non-exhaustive summary for licensees to consider. The summary is intended as a …
On 6 July, the United Kingdom made the Global Human Rights Sanctions Regulations 2020, which comprise the first UK sanctions regime to operate under the UK’s Sanctions and Anti-Money Laundering Act 2018 (Sanctions Act). Guernsey will be enacting corresponding regulations imminently however, it is strongly recommended not to release any relevant assets in the interim, as they …
Sanctions Notice – UK Sanctions: Global Human Rights Read More »
The Commission has issued a discussion paper making proposals aimed at ensuring that the Guernsey funds framework remains fit for purpose while helping to create opportunities for growth. Amongst other proposals to increase efficiency and clarity, the discussion paper proposes widening the formation options for Private Investment Funds. The Discussion paper contains 16 questions and …
