A modern supervisory framework for pensions is being introduced by The International Finance Centre of Guernsey, bringing its regulatory regime in line with international standards and enabling Guernsey firms to bring regulated international pension products to market.

The regime will mean firms providing pension products will be formally supervised as pension providers for the first time, and enable those firms to apply for broad exemptions under the Common Reporting Standard (CRS).

The introduction of a set of Conduct of Business Ru...