Regulatory Alerts2021-07-06
Companies (Incorporated Cell Companies) (Prescribed Classes) Regulations, 2021
The Guernsey Financial Services Commission issued these Regulations to prescribe all classes of company eligible for incorporation or conversion into an incorporated cell company under the Companies (Guernsey) Law, 2008. The rules explicitly except licensed banking, fiduciary, and insurance entities from this general prescription, limiting the scope to non-regulated corporate structures. Additionally, the Commission enacted a consequential amendment to clarify that incorporating a cell constitutes the incorporation of a company under the Law.
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