Notice Regarding the Modification of the Licensees (Capital Adequacy) Rules, 2021 for Certain Classes of Licensee

The Commission has today issued a notice setting out a modification of the Licensees (Capital Adequacy) Rules, 2021 for any licensee under the Protection of Investors (Bailiwick of Guernsey) Law, 2020 (“the POI Law”) which does not have a physical presence in the Bailiwick, is administered by another licensee in the Bailiwick and which is a general partner, manager or investment adviser of a collective investment scheme authorised or registered under the POI Law.

The notice may be found in the “Other” section of the Investment > Legislation & Guidance page of the Commission’s website.