The Isle of Man Government has today (15 December) approved an extension of the economic substance rules to include "self-managed schemes".

It is important to understand that there may be a number of jurisdictions involved when setting up a new fund, each with their own regulatory regime.

In the Isle of Man’s 2007 budget speech, the Treasury Minister announced the completion of a major report to review the Island’s fund sector.

A right to keep possession of property belonging to another person until a debt owed by that person is discharged.

The Isle of Man is gearing up to ‘go to market’ in the autumn with its radical new funds initiative aimed at positioning the Island as a major force in the global fund management industry.

On 18 July 2016, ESMA published its advice to the European Commission on whether the AIFMD passporting regime should be extended to the Isle of Man and certain other non-EU countries.

In the latest in our Trusts in 2 Minutes series, Donna Matthews looks at protecting protectors.

On 1st January 2019 the "substance-based regime" was introduced into the Crown Dependencies (Guernsey, Jersey and the Isle of Man).

Further to the FATCA Brief issued to clients of Appleby in November 2013, we present below a tailored addition to the Brief specific to investment funds that are domiciled in a jurisdiction that has either entered, or has confirmed it will enter, into a Model 1 Intergovernmental Agreement (IGA) with the US Treasury in respect of the US Foreign Account Tax Compliance Act (FATCA).

The Specialist Fund Market is an exciting development for structures such as single strategy hedge funds, feeder funds and private equity vehicles seeking a flexible and liquid market.

The Isle of Man has enjoyed continuous economic growth for over two decades while at the same time introducing zero business tax, radically reforming its company law and maintaining a ‘triple A’ credit rating. ANDREW ASHWORTH of Abacus Trust.

Greg Jones considers the fate which may await the UK's super rich following this week's UK General Election…

In the run-up to the credit crisis, hedge funds became increasingly popular and were often held out as the panacea for all investment objectives.

AIM is becoming an increasingly popular option for companies looking to raise capital. A growing number of new floats have been Isle of Man companies and this suggests that international businesses are realising the advantages of using an Isle of Man vehicle to access the AIM Market.

Establishing an effective Offshore Trust that is both operationally sound and achieves the Settlor's objectives is of paramount importance, but can be fraught with pitfalls.

In this series we will examine the key elements of Offshore Trusts, taking a particular interest in Isle of Man Trusts. This is the first of three articles, and one that lays the foundation that we will build upon.

The Isle of Man is recognised throughout the world as a leading international business centre and holds a AAA credit rating from Moodys and AA+ by Standard & Poor.

Whether for administrative, tax, confidentiality, substance or other reasons, the ability to re-domicile a company into – or out of – the Isle of Man is a useful feature of Isle of Man Companies...

The Securities and Investment Business Act, 2010 came into effect on May 17 2010.

Unfortunately, there are many aspects that need to be considered, some of which require expert guidance and services.