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
Sanctions Notice – Central African Republic
Please be advised that the UN Security Council Committee concerning the Central African Republic has added Bi Sidi Souleman to its sanctions list, on the basis of his leadership of the CAR militia group, Retour, Réclamation, Réhabilitation (3R).
Under section 13 of the Sanctions (Bailiwick of Guernsey) Law, 2018 (the Sanctions Law), this sanction is automatically effective in the Bailiwick under the Central African Republic (Restrictive Measures) (Guernsey) Ordinance, 2014.
For a full list of GFSC sanctions including measures to be taken please click here.
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