GFSC announce new fast track application regime

A fast track application regime has been introduced by the Guernsey Financial Services Commission (GFSC) for managers of overseas funds.

The streamlined regime simplifies the existing processes of migrating to Guernsey and licensing a manager of overseas funds by combining the consent to migrate the manager to Guernsey and the licensing process within a 10 day review period. Alternatively, the regime provides for the licensing of a newly incorporated Guernsey entity also within a 10 day period.

This is a further expansion of existing fast track applications available in Guernsey including those for Private Investment Funds and Registered Funds. Click here for more information.