Investment

World Investor Week 2017 World Investor Week is a global campaign promoted by IOSCO to raise awareness about the importance of investor education and protection and highlight the various initiatives of securities regulators in these two critical areas. From 2-8 October 2017, IOSCO securities regulators and other IOSCO members on six continents will provide a range of activities, such as launching...

The Commission has today published “ The Pension Licensees (Conduct of Business) & Domestic and International Pension Scheme and Gratuity Scheme Rules (No. 2) 2017” (please click here), which replaces the earlier version, published last month, which required some minor amendments.

The Commission today launches a consultation paper (please click here for a copy) on its proposals for the 2018 licence fees paid by firms. The consultation period will close on Friday 8th of September. An overall blended rate of increase of 3%, excluding anomalies, is proposed for 2018. Commission Chairman, Drs Cees Schrauwers, said: "For five years the Commission has kept the average fee...

Introduction The Commission is today seeking feedback and assistance from the financial services industry specifically on whether the provisions of the Enforcement Law may have any unintended consequences or fatal flaws. What the engagement is not about The Commission has engaged with the financial services industry through the issuing of a discussion paper and later through a full consultation...

Fourth Quarter 2016 Investment Funds The net asset value of total funds under management and administration has increased in Sterling terms over the quarter ended 31 December 2016 by £6.5 billion (2.6%) to £255.9 billion. For the year since 31 December 2015, total net asset values increased by £28.4 billion (12.5%) . Open-ended Funds Within these totals Guernsey domiciled open-ended funds...

GUERNSEY FINANCIAL SERVICES COMMISSION ANNUAL FEES 2017 All businesses, entities and individuals licensed by or registered with the Guernsey Financial Services Commission are reminded that the payment of annual fees to the Commission are due by 31 January 2017. If payment is received after the due date a late payment penalty fee will be applied in accordance with Regulation 2 of the Financial...

Third Quarter 2016 Investment Funds The net asset value of total funds under management and administration has increased in Sterling terms over the quarter ended 30 September 2016 by £2 billion (0.9%) to £249.4 billion. For the year since 30 September 2015, total net asset values increased by £24.6 billion (10.9%) . Open-ended Funds Within these totals Guernsey domiciled open-ended funds increased...

Announcement Strategy of the Investment Supervisory and Policy Division in respect of the Fund Sector During 2016 the Guernsey Financial Services Commission launched the Manager Led Product and the Private Investment Fund. This marked an intent by the Commission to respond to international challenges, servicing its mission statement of “Confidence in the Bailiwick: Securing good regulatory...

The Guernsey Financial Services Commission has today issued FAQs on its Private Investment Funds regime and an updated Form PIF, which permits applicants to indicate which regulated activities it wishes to apply for. The updated form can be found here.