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Finance, Investments & Funds, Trust

Capital Adequacy Rules for Investment Business, General Partners, Investment Managers & Designated Managers

Course details

CPD Points

2.5

Cost

£150

Length

2.5 hours (11:30-14:00)

Course Overview

This course will provide you with an overview of the Licensees (Capital Adequacy) Rules 2010 (the Capital Adequacy Rules) in reference to investment business and is particularly targeted at those in the Guernsey fiduciary sector working with, administering or acting as general partners, investment managers and designated managers.

Course Content

The course will cover the following:

  • Who do the Capital Adequacy Rules apply to?
  • Capital Adequacy rules for General Partners, Investment Managers & Designated Managers
  • The calculation of Capital Adequacy
  • Impact of having no physical presence in Guernsey
  • Liquidity Resourcing Requirements and Financial Resources Reporting Requirements
  • Notifications to the GFSC
  • Problem solving workshop

Course Benefits

All entities licensed under the Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended, to conduct investment business are required to comply with, inter alia, the Capital Adequacy Rules.This course will provide practical worked examples on how to calculate capital adequacy in accordance with the Capital Adequacy Rules.

On completion of the course you will be able to calculate capital adequacy in accordance with the Guernsey Capital Adequacy Rules.

***£150 per delegate or discounted rate of £125 per delegate if booked together with Financial Resources Requirements Training*** - totaling £250 per delegate if both courses booked. To take advantage of the discounted rate for both bookings, please email [email protected] and we will arrange to book your delegate places.

Next Steps

If you would like to book a place on this course please click on the ‘Book Course’ button to the right of this page and login or register for a user account to complete your booking(s). Any queries please do not hesitate to contact us via [email protected] or call us on 01481 721555.

If no date is scheduled for this course at the present time please click on the ‘Register Interest’ button and login or register for a user account so that we can add you to our course interest register. This register allows us to contact our tutors and finalise dates for a course as soon as we have a few people who have expressed their interest, so the more delegates who register their interest, the sooner we can schedule a particular course.

Course Tutor

  • Will Morgan

    Will Morgan is an award-winning tutor, a qualified accountant and consultant working with clients in Guernsey, Jersey, Dublin and the UK. Will founded Offshore in 2007 along with partner John Richardson to provide accounting, training and consulting solutions to numerous regulated and commercial clients in a wide variety of industries.

    Will is an experienced trainer with exceptional practical knowledge of accounting standards. Will’s training has been adapted over the years based on the work he has undertaken in the Channel Islands, understanding the practical skills that professionals need, rather than theoretical concepts. His classes are highly interactive; sometimes amusing and always engaging.

Upcoming Courses

Some courses we run are scheduled based on demand. Please ensure you register your interest to ensure we know which courses you would like to attend.