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 – Russia-Ukraine
Two individuals and four entities have been added to the list of sanctioned entities in the EU implemented by Council Implementing Regulation (EU) 2020/1367.
Individuals: Alexander Nikolaevich Ganov and Leonid Kronidovich Ryzhenkin.
Entities: Joint-stock company “Lenpromtransproyekt”, Joint-stock company “The Berkakit-Tommot-Yakutsk Railway Line’s Construction Directorate”, Federal State Unitary Enterprise “Crimea Railway” & First Crimean Insurance Company.
These are and are implemented within the Bailiwick under the Territorial Integrity etc. of Ukraine (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