Draft Protection of Investors (Bailiwick of Guernsey) Law, 2018 - for Engagement with the financial services industry

Overview

On 30 October 2015, the States of Deliberation approved the Policy Letter submitted by the Policy Council on the Revision of the Financial Supervisory and Regulatory Laws.  Representatives of the States of Alderney and the Chief Pleas of Sark had previously indicated their support for the proposals which followed a public consultation process. The Law Officers of the Crown together with the Commission and with the assistance of members of industry, have produced the draft Protection of Investors (Bailiwick of Guernsey) Law, 2018 (the “Protection of Investors Law”).

The Commission is now seeking feedback and assistance specifically on whether the provisions of the Protection of Investors Law may have any unintended consequences or fatal flaws. 

Feedback is sought no later than Friday, 30 March 2018.