GFSC plans to protect investors in greater depth
Chris Hamblin, Editor, London, 6 February 2018
The Guernsey Financial Services Commission is asking interested parties to talk to it about its draft Protection of Investors Law and the terminology that it proposes to use, with a view to avoiding any unintended consequences or fatal flaws in the legislation.
The regulator has published papers that set out the topics upon which it wants 'assistance.' It has approached the financial services industry by issuing a consultative paper in 2015, conducting 'drop in' sessions and holding meetings. It has now embarked upon an 'engagement period' that runs until 30 June.