As a licensed third party fund administrator Abacus are able to administer collective investment schemes domiciled in jurisdictions other than the Isle of Man. Typically these are the Cayman Islands, British Virgin Islands and Bermuda.

These schemes need only be regulated in their jurisdiction and can be badged as an “Overseas” scheme from an Isle of Man regulatory perspective. This allows for schemes domiciled in another jurisdiction’s to be administered in the Isle of Man with no additional regulatory requirements.

Depending on the offshore jurisdiction virtually all aspects of a scheme can be administered from the Isle of Man with the scheme typically just needing a registered office and Corporate Service Provider in the local jurisdiction.

Alternatively should a scheme wish to enjoy the comfort of dual regulation it can be regulated to meet its domicile’s regulations and also fall within one of the Isle of Man scheme types.

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Fund TypesRegulatory Structures Private