Guernsey Finance is holding a masterclass to clarify recent legislative changes and fund rules on the island.
'Guernsey's new fund regime under the microscope- an exceptional regime for exceptional times' will detail the changes and explore the implications for fund promoters. It will take place on 5 March at the America Square Conference Centre in London.
The Association of Investment Companies' (AIC) Chris Russell will chair the panel of fund experts comprising: Sean Cheong from Guernsey law firm Collas Day, John Clacy of Deloitte and William Saunders from London law firm Stephenson Harwood.
Tough global economic conditions make it hard for fund managers and promoters to raise money, says Peter Niven, chief executive of Guernsey Finance.
"In making these changes to our fund regime we are providing the tools that fund architects are demanding to enable them to create the funds which will meet the requirements of the new market place," he says.
Niven believes the changes also offer choice in terms of speed of approval and levels of supervision.
Contact Jennifer Baudains on 01481 720071 or email: [email protected].
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