News

Consultation on Private Investment Fund

13th October 2016

The Guernsey Financial Services Commission is consulting on proposals to introduce a regime for private investment funds.  

Background

This consultation is the evolution of discussions held by the Investment Supervision and Policy Division and industry, commencing with the Manager-Led Product.  These discussions acknowledged a gap in the current suite of investment products within the Bailiwick:  between the areas where the Commission gives an opinion that a product does not appear to be a fund, and the existing authorised and registered collective investment scheme products.

Consultation Process 

Copies of the consultation documents, including the proposed rules, will be circulated to already known interested parties or are available upon request by emailing Mark Le Page at [email protected].   
 
The Consultation Process will close on 10 November 2016.
 
The Commission would welcome any comments on these proposals but in particular would ask for views on whether the characteristics of the Private Investment Fund have been defined appropriately.

Comments and Enquiries

Enquiries may be sent to: [email protected]