Tuesday 5 November 2013

Guernsey: GFSC statement on proposed consolidation of legislation relating to its supervisory functions

The Guernsey Financial Services Commission has published a statement in respect of the proposals it published for consultation earlier this year (herepdf) for the consolidation of the legislation relating to its supervisory functions: see here. Responses to the consultation have caused the Commission to scale back its ambitions: what is now proposed is the identification of priority areas for reform and consolidation of the kind first suggested appears unlikely.

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