2025-06-10
The Guernsey Financial Services Commission issued The Prospectus Rules 2025 to replace the 2021 version, establishing mandatory disclosure standards for prospectuses related to Category 2 controlled investments and registered investment schemes. The document specifies detailed requirements for prospectus content, including offer details, capital structure, financial accounts, and information on directors, managers, and significant beneficial ownership. It also defines exemptions for specific investor categories and outlines rules regarding prospectus circulation and the responsibility of issuers for compliance.