Latest Breaking News On - A quick guide to guernsey amp 39s new private investment fund pif rules x2013 effective 22 april 2021 - Page 1 : comparemela.com
Background
The Guernsey Financial Services Commission (GFSC) has updated
the Private Investment Fund Rules, to offer three alternate PIF
routes, effective from 22 April 2021.
The new PIF options follow on from a GFSC consultation with
industry in 2020, and in addition to the existing Protection of
Investors (POI) Licensed PIF (Route 1), add two new options –
the Qualifying Private Investor PIF (Route 2) and the Family
Relationship PIF (Route 3).
The Three Guernsey Routes
Route 1 – the POI Licensed Manager
PIF is the original PIF model whose criteria is;
fewer than 50 investors (although no limit on the number of
potential investors who can be marketed to), limits on investors in