Investment

NEW STATISTICAL INFORMATION FORMS FORM NST – COLLECTIVE INVESTMENT SCHEMES FORM AM – ASSET MANAGEMENT AND STOCKBROKING EXPLANATORY NOTE AND FEEDBACK ON CONSULTATION Earlier this year the Investment Business Division posted on the Commission website its proposals relating to statistical information forms for consultation. The consultation document made it clear that the Commission gathers these...

​Business from Sensitive Sources Notice 9 for financial services businesses and Notice 4 for prescribed businesses

​ Business from Sensitive Sources Notice 8 for financial services businesses and Notice 3 for prescribed businesses

​Business from Sensitive Sources Notice 7 for financial services businesses and Notice 2 for prescribed businesses

​THE AUTHORISED CLOSED-ENDED INVESTMENT SCHEMES RULES 2008 (“the Authorised Closed-Ended Rules”) THE REGISTERED COLLECTIVE INVESTMENT SCHEME RULES 2008 (“the Registered CIS Rules”) PROSPECTUS RULES 2008 (“the Prospectus Rules”) (together “the Rules”) EXPLANATORY NOTE AND FEEDBACK ON CONSULTATION Earlier this year the Commission posted on its website drafts of the Rules for consultation. The...

On 24 November the States of Guernsey Policy Council signed the following amendment regulations which come into force on 1 December 2008: The Criminal Justice (Proceeds of Crime) (Bailiwick of Guernsey) Law, 1999 (Amendment of Schedules 1 and 2) Regulations, 2008 The Registration of Non-Regulated Financial Services Business (Bailiwick of Guernsey) Law, 2008 (Schedule 1 Amendment) Regulations, 2008...

​Background Following initial discussions with the UK Financial Services Authority (“FSA”) and HM Treasury in 2006 the Investment Business Division initiated a project to revise the existing Guernsey Class A open-ended fund rules to bring them into line with more liberal developments in the European Union. The revised rules, based on the UK’s New Collective Investment Scheme Sourcebook (“UK COLL...

​In recent years, the Commission has introduced “fast track” application processes for Qualifying Investor Funds and Registered Closed-ended Investment Funds. Associated management entities requiring licences needed, however, to go through the Commission’s full assessment process. Earlier this year the Guernsey Financial Services Commission announced that it was consulting on proposals to...

The first item is a draft Ordinance, the Protection of Investors (Administration and Intervention) (Bailiwick of Guernsey) Ordinance, 2008. The second and third items are the Protection of Investors (Market Abuse) (Bailiwick of Guernsey) Regulations, 2008 and the Insider Dealing (Securities and Regulated Markets) (Amendment) Order, 2008.