Regulatory Alerts2025-05-14
Finance Sector Code of Corporate Governance (Amended February 2016)
The Guernsey Financial Services Commission issued the Finance Sector Code of Corporate Governance to provide a framework for sound governance and director duties for locally regulated financial services businesses. The Code establishes eight core principles covering the Board, Directors, Business Conduct, Accountability, Risk Management, Disclosure, Remuneration, and Shareholder Relations. It applies to GFSC licensees and registered funds, requiring them to adopt principles appropriate to their nature, scale, and complexity while maintaining compliance with applicable laws.
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