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ARTICLE · 19 FEBRUARY 2014

AIFMD And Guernsey’s Approach To Regulation

Christopher Jehan, chairman of the Guernsey Investment Fund Association’s technical committee, spoke to Jenna Gadhavi of Clear Path Analysis on Guernsey’s approach to regulation in the funds industry.

GuernseyFinance and Banking

Christopher Jehan, chairman of the Guernsey Investment Fund Association's technical committee, spoke to Jenna Gadhavi of Clear Path Analysis on Guernsey's approach to regulation in the funds industry.

Jenna Gadhavi: What has been Guernsey's approach to the regulation of the fund sector historically and how has this helped the fund sector develop and grow?

Christopher Jehan: In regards to the actual regulation that the regulator has put in place under the Protection of Investors law, apart from the open-ended "A" scheme rules (which are the quality funds broadly equivalent to UCITS) the rules actually allow for a great amount of flexibility in the investment restrictions applicable to a fund.

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