Regulatory Alerts2017-01-01
Collective Investment Schemes (Regulated Fund) Regulations 2017
The Isle of Man Financial Services Authority issued these Regulations to establish the regulatory framework for regulated funds under the Collective Investment Schemes Act 2008. The rules mandate specific governance structures, including the appointment of independent managers and fiduciary custodians, while imposing strict requirements on investment risk, borrowing limits, and valuation processes. Additionally, the document outlines comprehensive obligations for documentation, financial reporting, and the notification of material changes to the Authority.
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