Manager of Managed Entities

Funds

Fairway Group is a specialist in the provision of Manager of Managed Entity (MoME) services. We provide incubator-style support through to full standalone capabilities.

Currently we provide these services to a wide range of regulated managed entities including fund administrators, investment managers, advisors and distributors. Due to our strong track record and market leading service, we are able to support clients through the efficient and professional establishment of their business in Jersey.

Fairway prides itself in providing a personal, proactive professional service to all our clients. We endeavour to support managed businesses in their continued growth and expansion, whilst providing the regulatory framework required for success.

Services are tailored to each of our managed entity client's requirements and may include the following:

Manager of Managed Entities Services

Administration and secretarial

  • Provision of directors
  • Provision of full, or tailored administration services
  • Registered office and company secretarial services to managed entity
  • Fund vehicle administration support
  • Establishment of managed entity, fund and any associated vehicles
  • Establishment and operation of bank accounts
  • Preparation of board packs, convening and attending board meetings
  • Preparation of minutes and action lists
  • Independent non-executive directors
  • Assistance in obtaining PI and D&O insurance
  • Timely submission of applicable tax / statutory returns

Accounting and reporting

  • Provision of bookkeeping and accounting services
  • Provision of financial statements to UK GAAP, IFRS or US GAAP standards
  • Completion of ANLA calculations
  • Audit calculations

Regulatory

  • Provision of directors
  • Provision of Money Laundering Reporting Officer (MLRO)
  • Provision of Money Laundering Compliance Officer (MLCO), Compliance Officer (CO) and supporting functions
  • Design and preparation of all risk and compliance-related reporting and testing programmes
  • Drafting bespoke procedures manuals
  • Drafting outsourcing agreements, as required
  • Provision of local anti-money laundering training
  • Provision of regulatory and legislative updates
  • Monitoring of continuing professional development, as required
  • Assistance with drafting business plans in respect of regulatory applications
  • Liaison with regulatory bodies to ensure compliance with applicable laws and regulatory requirements

“ Fairway has been an extremely valuable local partner in assisting with our initial establishment in Jersey, as well as our regulatory application process and corporate services support. I have no hesitation in recommending Fairway as a client centric corporate services provider. ”

Alternative Fund Manager