The Isle of Man has introduced a Regulated Fund
Structure to meet the increasing appetite for regulation from the
international fund community and investors.
The Isle of Man Financial Supervision Commission recognised the
growing importance of appropriate regulatory oversight for funds
and worked with industry to develop the new Regulated Fund
structure to meet market demand and allow significant investment
flexibility.
Commenting on the launch of the Regulated Fund on 1 May 2010,
John Aspden, Chief Executive of the Financial Supervision
Commission, said, "I am delighted that, following discussion
with industry and a review of our fund range, we have developed a
modern flexible Regulated Fund. I view this as a flagship product
underlining the quality of the fund range that the Isle of Man can
offer. We have already had interest shown in the new fund type and
look forward to its future success.
