The Commission has published a Consultation Paper containing proposals, which, if implemented, would allow different investor categories to take advantage of an appropriately regulated fund structure. The proposed amendments would complete the current approach for
Funds Growth Omnibus Discussion Paper
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 can be viewed here.
Respondents are invited to submit their comments by 2 September 2020 using the Commission’s Consultation Hub which can be found here: https://consultationhub.gfsc.gg/
To view this notification in full, please click here.
The Commission has published a Consultation Paper seeking feedback on proposals for changes to the Non-Guernsey Scheme regime. If the proposal is implemented any entity undertaking a restricted activity in or from within the Bailiwick
The Commission has published new guidance aimed at providing clarification about Designated Custodians’ duties and the standards of conduct that are expected of them when they act for Open-Ended Collective Investment Schemes. Designated Custodian should