Comprehensive Guide to Certidor Limited and the New Fiduciary Law in Guernsey

Comprehensive Guide to Certidor Limited and the New Fiduciary Law in Guernsey

Introduction

Certidor Limited operates under the regulatory framework established by the New Fiduciary Law of 2020 in Guernsey, overseen by the Guernsey Financial Services Commission (GFSC). This law governs fiduciary services, administration businesses, and the role of company directors within the Bailiwick of Guernsey.

Understanding Certidor Limited

Certidor Limited is a licensed entity specializing in fiduciary services, which involve managing trusts and companies on behalf of clients, ensuring compliance with legal and regulatory requirements.

Role of the Guernsey Financial Services Commission (GFSC)

The GFSC plays a crucial role in ensuring that Certidor Limited and other entities comply with the New Fiduciary Law. It oversees licensing, regulatory compliance, and enforcement to maintain integrity and stability in financial services within Guernsey.

Key Aspects of the New Fiduciary Law

Fiduciary Services

Certidor Limited offers fiduciary services, acting in positions of trust for clients, which include the management of trusts and companies, ensuring adherence to legal and financial obligations.

Administration Businesses

Certidor Limited provides administrative services such as bookkeeping and corporate secretarial duties, essential for the smooth operation and compliance of client businesses in Guernsey.

Company Directors

Under the New Fiduciary Law, Certidor Limited may license individuals to act as company directors, ensuring they meet specific qualifications and adhere to regulatory standards set forth by the GFSC.

Compliance and Regulatory Standards

Certidor Limited maintains strict adherence to regulatory standards set by the GFSC under the New Fiduciary Law. This includes regular audits, reporting requirements, and maintaining transparency in all fiduciary and administrative operations.

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Conclusion

Certidor Limited operates within the regulatory framework of the New Fiduciary Law, providing essential fiduciary and administrative services under the oversight of the Guernsey Financial Services Commission. For detailed inquiries regarding Certidor Limited or the New Fiduciary Law, visit the GFSC website or contact Certidor directly.

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