Investment Fund Market Guide - Isle of Man

17.03.2022

Key features (Register market)

Yes/No

Remarks

Settlement free of payment

Yes

Settlement against payment

Yes

Refer to CBL’s Eligible currencies and the fund currency specified in fund prospectus.

Disclosure Requirements

Yes

Refer to Disclosure Requirements – Investment Funds – Isle of Man.

Restrictions on customer

No

Refer to Holding Restrictions - Investment Funds - Isle of Man.

Restrictions on settlement

No

 

Remarks

Market type / link type (Settlement link)

Register market

Eligible fund types in CBL/legal forms in CBL

Register market: Collective Investment Schemes (CIS) structured as companies, limited partnerships, unit trusts.

Eligible fund types in CBL

Register market

Investment funds in the Isle of Man are referred to as Collective Investment Schemes (CIS), and are governed by the Isle of Man Collective Investment Schemes Act 2008 (CIS Act), as amended.

Legal forms which CIS can be structured as include:

  • Companies (Incorporated under the 1931 Act Companies or the 2006 Act Companies)
  • Unit trusts
  • Limited partnership (under the Limited Partnership Act 2011)

CSD links

CSD-eligible funds – Isle of Man-domiciled funds can be listed in a number of international stock exchanges, and accordingly, they may be made eligible in the respective CSD links through CBL.  Please refer to the respective Market Link Guides for more information.