Disclaimer: Although reasonable care is taken to ensure that these documents are up to date with relevant amendments, they are only provided for ease of reference. The FSC may not guarantee their completeness and accuracy, and shall not be liable for any consequences of actions/decisions taken based on the above information. It is therefore recommended that reference be made to the authoritative text as published in the Government Gazette.

FSC Guides

Guide to Global Business

Application Forms and Guides - GBC1 and GBC2 (S013)

Guide to Compliance (S023)

Annual Accounts (Management Companies and Licensed Trustees)

Guide to Private Equity Fund

Application Forms and Guides – GBC1 and GBC2 (S013)

As from 3 January 2003, any application that is not in conformity with the Application Forms posted below is likely to be rejected. Management Companies should ensure that their clients are made aware of this requirement and that they may add annexes and supporting documents to the Application Form on matters that require fuller details and certification.

» Category 1 Global Business Licence

Download C1GBL Application Form

Form A - Checklist to be completed for C1GBL Application

Form B - Legal status of the Applicant

Form C - Checklist to be completed for C1GBL Application for Collective Investment Schemes, Private Equity Funds, Venture Capital Funds, Investment Companies, CIS Manager, Investment Adviser/Manager

» Category 2 Global Business Licence

Guide to Compliance (S023)

The FSC is pleased to announce that the Guide has now been finalised and that the compliance regime described in the Guide has become operational with effect from 6 January 2003. The final version of the Guide is posted below.

This Guide to Compliance is issued to licensed Management Companies under the powers of the Commission pursuant to its functions under section 6 (d) and under its powers under section 7 (1) (a) of the Financial Services Development Act 2001. This Guide does not derogate from nor restrict in any way the power vested in the Commission by Statutes.

ANNUAL ACCOUNTS

(-Management Companies and Licensed Trustees)

The Commission places great reliance for its supervisory functions on the audited accounts that Management Companies are required to submit on an annual basis. Accordingly, the Commission insists on the timely submission of audited accounts.

The Commission recommends that all Management Companies present their figures in a standard format so as to facilitate analysis, comparison and aggregation of data.

Where a Management Company handles clients’ money, the sum of such money should be treated as an off-balance sheet item. The notes to the accounts should include an analysis in the style set out in Appendix 3 of the standard format.

FSC Codes

Codes on the Prevention of Money Laundering and Terrorist Financing intended for: - (22 July 2005)

1) Insurance Companies

2) Investment Businesses

3) Management Companies

Guidelines

» Guidelines on Stress Test Requirement for Long Term Insurers

» Guidelines on Contingency Plan for Insurers