Regulatory Alerts2025-05-19
Private Investment Fund Rules and Guidance 2025
The Guernsey Financial Services Commission has issued the Private Investment Fund Rules, 2025, which replace the 2021 regulations and establish the regulatory framework for Qualifying and Family Private Investment Funds. The rules mandate that every fund appoint a designated administrator, enforce strict arm’s length conflict of interest provisions for all related-party transactions, and restrict fund offerings exclusively to qualified investors while prohibiting public solicitations. Additionally, the framework imposes ongoing compliance duties, including immediate and annual notifications, quarterly statistical reporting, and specific audit or accounting submission requirements to the Commission.
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