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4 weeks ago | 
mondaq.com | Annette Alexander |Christopher Anderson |Andrew Boyce |Matthew Brehaut
This chapter provides the latest information on alternativeinvestment funds and retail funds in Guernsey; including fundformation, restrictions on investors, the regulatory environment,operational requirements, the fund finance market, and theapplicable tax regime. Guernsey is frequently used by advisers and managers globallyfor the formation/domiciling of investment funds. Guernsey is oneof the world's largest offshore finance centres, with athriving funds industry.
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Nov 11, 2024 | 
mondaq.com | Annette Alexander |Christopher Anderson |Andrew Boyce |Tom Carey
This briefing note considers the legal requirements and the
issues to be addressed when passing company resolutions, calling a
general meeting and preparing a notice of general meeting in
respect of a Guernsey limited liability company. Specific issues
arising in respect of incorporated cell companies and protected
cell companies are discussed separately in Carey Olsen briefing
notes in respect of those particular types of companies.
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Oct 13, 2024 | 
mondaq.com | Annette Alexander |Christopher Anderson |Andrew Boyce |Tom Carey
Our investment funds team outline the latest developments within
the investment funds market in Guernsey, addressing the recent
Guernsey Financial Services Commission Investment Statistics
Summary and annual report, international developments in
sustainability reporting and why Guernsey is an attractive
jurisdiction for venture capital funds.
The Guernsey Financial Services Commission
("GFSC") has published its Investment
Statistics Summary for Q2 2024 (see here).
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Oct 2, 2024 | 
mondaq.com | Annette Alexander |Christopher Anderson |Andrew Boyce |Tom Carey
CO
Carey Olsen
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Carey Olsen is a leading offshore law firm. We advise on Bermuda, British Virgin Islands, Cayman Islands, Guernsey and Jersey law.
The Protection of Investors (Bailiwick of Guernsey) Law, 2020 ("the POI Law") requires anyone who carries on "controlled investment business" in or from within the Bailiwick of Guernsey...
Guernsey
Finance and Banking
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Sep 26, 2024 | 
mondaq.com | Annette Alexander |Christopher Anderson |Andrew Boyce |Bernadette Carey
Taxation in Guernsey is the responsibility of the Director of
the Revenue Service in Guernsey and the principal legislation is
contained in the Income Tax (Guernsey) Law, 1975 as extensively
amended since 1975.
Guernsey does not levy any form of capital gains tax,
inheritance tax or value added tax. No stamp or document duty, or
transfer tax, is payable in respect of companies, unit trusts or
limited partnerships that are collective investment schemes.
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Sep 25, 2024 | 
lexology.com | Annette Alexander |Christopher Anderson |Andrew Boyce |Tom Carey |David Crosland |Tony Lane | +1 more
Taxation in Guernsey is the responsibility of the Director of the Revenue Service in Guernsey and the principal legislation is contained in the Income Tax (Guernsey) Law, 1975 as extensively amended since 1975. Guernsey does not levy any form of capital gains tax, inheritance tax or value added tax. No stamp or document duty, or transfer tax, is payable in respect of companies, unit trusts or limited partnerships that are collective investment schemes.
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Jul 24, 2024 | 
mondaq.com | Annette Alexander |Christopher Anderson |Andrew Boyce |Matthew Brehaut
The introduction of new listing rules to boost demand
for listing activity in the UK is expected to directly benefit
Guernsey as the leading domicile of choice for non-UK companies
listing on the London Stock Exchange.
The UK's Financial Conduct Authority
("FCA") has announced new rules for
listings on the London Stock Exchange
("LSE"), which come into effect from 29
July 2024.
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May 9, 2024 | 
mondaq.com | Annette Alexander |Christopher Anderson |Andrew Boyce |Matthew Brehaut
Private Investment funds are one of the three types of Guernsey
fund
1.
The Protection of Investors (Bailiwick of Guernsey) Law, 2020
(the "POI Law") grants the Guernsey Financial Services
Commission (the "GFSC") the ability to develop different
classes of funds and determine the rules applicable to such
classes.
Private investment funds ("PIFs") are subject to The
Private Investment Fund Rules and Guidance, 2021 (the "PIF
Rules").
PIFs can be open-ended or closed-ended.
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May 1, 2024 | 
lexology.com | Annette Alexander |Christopher Anderson |Andrew Boyce |Matthew Brehaut |Tom Carey |David Crosland | +2 more
Private Investment funds are one of the three types of Guernsey funds[1]. The Protection of Investors (Bailiwick of Guernsey) Law, 2020 (the “POI Law”) grants the Guernsey Financial Services Commission (the “GFSC”) the ability to develop different classes of funds and determine the rules applicable to such classes. Private investment funds (“PIFs”) are subject to The Private Investment Fund Rules and Guidance, 2021 (the “PIF Rules”). PIFs can be open-ended or closed-ended.
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Apr 24, 2024 | 
mondaq.com | Annette Alexander |Christopher Anderson |Andrew Boyce |Tom Carey
Registered funds are one of the three types of Guernsey
funds1.
The Protection of Investors (Bailiwick of Guernsey) Law, 2020
(the "POI Law") grants the Guernsey Financial Services
Commission (the "GFSC") the ability to develop different
classes of funds and determine the rules applicable to such
classes.
Registered funds are subject to:
The Registered Collective Investment Schemes Rules 2021 (the
"RCIS Rules");
Registered funds can be open- ended or closed-ended.
