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
Panel of Senior Decision Makers
The Commission has announced a further appointment to the Panel of Senior Decision Makers (SDMs) which the Commission has established for the purpose of considering and determining those enforcement cases which are not settled between the parties and the Commission.
The new appointee as an SDM is Mr Russell Finch OBE who, until recently, was the first Judge of the Royal Court in Guernsey. Having retired earlier this year, he has been sitting on a part time basis as a Lieutenant Bailiff and will now, in addition, be able to take on enforcement cases as an SDM.
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