Ongoing Supervision & Thematic Reviews
Approach to Supervision
Under PRISM the Investment Supervision and Policy Division carries out full risk assessment visits and engagement visits to all licensees with an impact rating of Medium Low, Medium High or High. In addition the Division undertakes focused thematic work across licensees and funds in all impact categories.
Licensees are required to submit returns each year using the Online Submissions Portal.
Persons holding an investment licence are reminded that, under The Financial Services Commission (Administrative Financial Penalties) (Bailiwick of Guernsey) Regulations, 2010, as amended an administrative financial penalty will be payable in respect of any return which is filed late.
Licensees are encouraged to use the Online Submissions Portal when making notifications to the Commission. A list of notifications that can be submitted through the Online Submissions Portal can be found here.
Where an individual is appointed as or ceases to be a controller, director, partner or manager of a licensee which holds an investment licence, he or she is required to notify the Commission using the Online PQ Portal.
Listed below are useful documents related to the Commission's investment supervision.
Please click on the individual links to view the documents: