Regulatory Alerts2021-10-21
Guidance Note on Applications and Notifications for Manager-Led Products
The Guernsey Financial Services Commission issued this guidance to outline the application and notification procedures for the Manager-Led Product regime under the AIFMD Rules. It details the requirements for existing and new Alternative Investment Fund Managers seeking to market funds via the National Private Placement Regime, including the submission of specific forms and the handling of derogations. The document further specifies the streamlined licensing and registration processes for associated management companies and collective investment schemes while emphasizing strict adherence to liquidity and solvency standards.
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