2023-02-06
The Guernsey Financial Services Commission has issued consolidated rules and guidance establishing a regulatory framework for designating investment schemes as Natural Capital Funds. The rules mandate that designated funds align their investment objectives with recognized international sustainability frameworks, establish science-based natural capital targets, and implement rigorous monitoring and annual reporting mechanisms. Additionally, the regulations define application and oversight procedures, require specific prospectus disclosures, and empower the Commission to revoke designation if funds fail to maintain compliance or protect investor interests.