Ten day fast-track regime boosts Guernsey’s appeal to migrating fund managers

A new fast-track regime, which launched launched on 12 June 2020, will enable an overseas fund manager to migrate to Guernsey and obtain the necessary Guernsey investment business licence within a 10 business day period.

Related briefings

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).

SMAs – a phoenix from the flames of Covid-19?

One of the consequences of the slowdown in fundraising caused by the recent pandemic seems to have been an increase in the use of Separately Managed Accounts as investment vehicles.

Latest Briefings

The future of work in a pandemic era

The COVID-19 pandemic has disrupted all facets of life as we know it, forcing immediate recalibrations of how we work and live. Today, industries across the globe are considering the future of work in a pandemic era, making difficult decisions with the best information on hand, against various unknowns. They know that reopening and perhaps even redefining the workplace means successfully working through incredible uncertainty.

What does the future hold for cybersecurity?

With any security policy now and in the future, leaders need to remember the fundamentals of what they are trying to achieve. Everyone wants their business to do well and be successful, and that means protecting data, while keeping business critical systems up and running efficiently. Already today, we’re putting a focus on security – and have seen new compliance laws in relation to that. Requiring compliance with regulation is just one way of trying to force the market to adopt minimum acceptable standards. But this is just that – the minimum – and every business leader needs to aim higher than that level.

Financial services investigations and enforcement monthly round up

A round-up of recent enforcement actions and investigations in the financial services sector. This month in summary: FCA publishes Decision Notice against Corrado Abbattista for market manipulation ICO fines company £130,000 for unauthorised pensions cold calls FCA publicly censures former Worldspreads CEO for market misconduct FCA scraps half its criminal probes into money-laundering breaches   FCA publishes Decision Notice against Corrado Abbattista for market manipulation.

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