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 – Syria Sanctions
The EU Council has imposed an asset freeze and travel ban against seven individuals under its Syria sanctions regime and have been designated under Council Implementing Regulation (EU) 2020/1505.
Individuals: Tala AL –BARAZI, Loubana MOUCHAWEH, Darem TABA’A, Ahmed SAYYED, Tammam RA’AD, Kinan YAGHI and Zuhair KHASIM
The EU Regulation is implemented in the Bailiwick by the Syria (Restrictive Measures) Guernsey Ordinance 2012 and by corresponding Ordinances for Alderney and Sark.
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