Europe’s role in the global investment fund market has become increasingly prominent. The introduction of alternative investment strategies has created a more competitive arena. As a result, jurisdictions closer to the European market are becoming a more attractive platform for offshore investments.
The Guernsey regulator – the Guernsey Financial Services Commission (GFSC) – has always adopted a flexible approach to the authorisation of investment funds on the island. Recent regulatory changes are further easing the requirements for establishing hedge funds in Guernsey, by allowing certain funds that qualify to benefit from a quasi ‘self-certificated’ process.
