Investment funds in the Seychelles
The Mutual Funds and Hedge Fund Act 1998 was brought into law in the Seychelles with a view to creating an investment fund regime that is designed to be relatively ‘light touch’ in its regulation at the same time as protecting the interests of investors depending on their level of market experience.
This is achieved by putting in place a modern and comprehensive three-tier fund landscape in the Seychelles, comprising of professional, private and public funds, offering an incremental degree of regulation to afford the appropriate level of protection and security to their respective investors.
In setting up the regulatory framework for funds, the Seychelles has aligned itself with fund offerings from other offshore jurisdictions with a view to ensuring that investors feel that they are dealing with a familiar and well-established product. To add an additional level of comfort to investors, every fund licensed in the Seychelles must either have a registered fund administrator that is licensed and has a physical presence in the Seychelles or have a fund administrator that is licensed in an approved jurisdiction outside of the Seychelles…
If you are registered and logged in to the site, click on the link below to read the rest of the Appleby briefing. If not, please register or sign in with your details below.
News from Appleby
News from The Lawyer
Briefings from Appleby
Incorporation describes the process of forming a new legal entity (a company) that is recognised at law as a separate legal person.
This feature publication aims to tap into the issues facing high-net-worth individuals around the globe, and investigate the themes and challenges affecting this elite group.
Analysis from The Lawyer
Offshore law firms have long supplemented their legal offerings with fiduciary business, but will that model last?
Business is booming in the Isle of Man, a small jurisdiction that thinks big