Regulatory Alerts2025-05-16
Discussion Paper - Funds Growth Omnibus (July 2020)
The Guernsey Financial Services Commission issued this discussion paper seeking feedback on proposed amendments to the Protection of Investors Law to enhance the funds framework. Key proposals include relaxing the mandatory licensed manager requirement for Private Investment Funds by allowing alternative investor declaration mechanisms, exempting certain General Partners from licensing, and streamlining regulations for Non-Guernsey Schemes. The document also outlines plans to expand the Guernsey Green Fund criteria to potentially include the EU Sustainable Finance Taxonomy and introduces a new regulated activity for Green Verifiers to combat greenwashing.
Share