Regulatory Alerts2010-01-01
Collective Investment Schemes (Experienced Investor Fund) Regulations 2010
The Isle of Man Financial Services Authority issued these regulations to establish the regulatory framework for Experienced Investor Funds under the Collective Investment Schemes Act 2008. The rules impose strict governance, custodian, and audit requirements on fund managers and governing bodies while mandating specific investor certification processes for qualifying investors. These regulations differentiate between qualifying type, legacy, and closed EIFs to ensure appropriate oversight and compliance with financial standards.
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