Regulatory Alerts2025-05-15
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Consultation Paper on Proposals for Private Investment Funds (December 2020)
The Guernsey Financial Services Commission issued this consultation paper proposing updates to the Private Investment Fund Rules to replace the 2016 regime. The proposals establish three registration routes for Private Investment Funds and define requirements for management, administration, custody, and audit. Key regulatory changes include detailed provisions for managing conflicts of interest and mandating arm's length transactions between funds and relevant persons.
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