Regulatory Alerts2017-04-07
Guidance on Promotion of Full International Schemes, Specialist Funds, Qualifying Funds, and Experienced Investor Funds
The Isle of Man Financial Services Authority issued this guidance to clarify the promotion rules for Full International Schemes, Specialist Funds, Qualifying Funds, and Experienced Investor Funds under the Collective Investment Schemes Act 2008. The document outlines specific exemptions allowing licensed entities to market these unregulated schemes to professional, experienced, or existing investors while mandating clear disclosures regarding statutory compensation protections. It further establishes that offering documents must contain all material information relevant to investment decisions and exempts certain Isle of Man incorporated funds from standard prospectus requirements.
Share