Changes to the Licensees (Conduct of Business) Rules 2009
11th July 2014
The Commission has decided to remove in its entirety Rule 13 of the Licensees (Conduct of Business) Rules 2009, which required designated managers to provide an annual notification in respect of each authorised or registered collective investment scheme.
Consequently, the Commission in exercise of the powers conferred on it by sections 12, 14, 15 and 16 of the Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended has made the Licensees (Conduct of Business) Rules 2009 (Amendment) Rules 2014 to facilitate this change.
Please click here to see a copy of the updated Licensees (Conduct of Business) Rules 2009.