Monday March 9 2015
News Source: Fund Regulation
Focus: Other
Type: General
Country: Guernsey
The Guernsey Financial Services Commission has announced that it has adopted the Registered Collective Investment Scheme Rules 2015.
The Commission recently consulted on a proposal that The Registered Collective Investment Scheme Rules 2008 be repealed and replaced by The Registered Collective Investment Schemes Rules 2015 (“the 2015 Rules”). In the 2015 Rules the Commission had removed references to the prohibition on direct offering of registered schemes to the public in Guernsey and also corrected various typographical errors.
The 2015 Rules will take effect from 1 April 2015.
Updated Forms REG and REGSF taking into account the changes to the 2015 Rules will be released separately ahead of 1 April 2015.
Click on the above link for the rules.