The Registered Collective Investment Schemes Rules 2015
9th March 2015
The Commission recently consulted on a proposal that The Registered Collective Investment Scheme Rules 2008 be repealed and replaced by The Registered Collective Investment Schemes Rules 2015 (“the 2015 Rules”). In the 2015 Rules the Commission had removed references to the prohibition on direct offering of registered schemes to the public in Guernsey and also corrected various typographical errors. The 2015 Rules have now been approved by the Commissioners and take effect from 1 April 2015. The 2015 Rules and a feedback statement are now available on the Commission’s website. Updated Forms REG and REGSF taking into account the changes to the 2015 Rules will be released separately ahead of 1 April 2015.
Thank you to those of you who took the time to respond to the Commission’s consultation on the 2015 Rules.
Emma Bailey
Director of Investment Supervision and Policy Division