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ARTICLE · 29 DECEMBER 2021

Guernsey Registered Funds

Carey Olsen
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Registered funds are one of the two types of Guernsey funds

GuernseyFinance and Banking
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Registered funds are one of the two 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 t classes of registered funds and determine the rules applicable to such classes.

Classes of registered funds

There are currently two classes of registered fund:

  • funds registered under The Registered Collective Investment Schemes Rules 2021 (an "RCIS Fund"; the "RCIS Rules");
  • funds registered under The Private Investment Fund Rules (2) 2021 (a "PIF"; the "PIF Rules").

Each of the three classes of registered funds can be open- ended or closed-ended.

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