Revised AIC Code of Corporate Governance for certain Guernsey and Jersey companies Principal changes in the revised AIC Code of Corporate Governance are relevant for boards of directors of certain Guernsey and Jersey companies A New Environment 1. There is now just one AIC Code which covers UK, Guernsey and Jersey member companies. 2. Principal […]

The AIC Code is a framework of best practice in respect of the governance of investment companies published by the Association of Investment Companies (AIC). Founded in 1932, the AIC represents a broad range of closed-ended investment companies, incorporating investment trusts, offshore investment companies, real estate investment trusts and venture capital trusts. Guernsey and Jersey […]

In February 2015 the JFSC offered a Statement of Support in relation to the adoption of the AIC Code by Jersey-domiciled investment companies. In doing so it stated the following The Commission welcomes the AIC Code of Corporate Governance and commends it to Jersey-domiciled investment companies as one of the tools available to them to […]