Regulatory Alerts2021-10-21
Provision of Registered Office Services by Unregulated Persons
The Guernsey Financial Services Commission mandates that providing registered office services by way of business requires a primary or secondary fiduciary licence and cannot be performed by unregulated individuals. This restriction exists because registered offices serve as a critical gateway to the jurisdiction and must be managed by entities subject to strict anti-money laundering oversight and regulatory standards. The guidance clarifies that while individuals are prohibited from offering these services commercially, providing an address for one's own company remains exempt as it is not conducted by way of business.
Share