Since 2003 when it received authorization from the FSA to establish, operate and wind up unregulated collective investment schemes, Curzon Capital Limited has devoted a significant part of its resources to providing this service to a number of successful clients.
The duties of the Sponsor and Operator of an Unregulated Collective Investment Scheme are as follows:
Approving the scheme particulars as a "financial promotions";
Establishing the scheme and dealing with any public notices;
Carrying out money laundering and customer due diligence;
Processing subscription agreements and coordinating payment of commissions;
Admitting and registering new investors and issuing any unit certificates;
Operating and reconciling bank accounts;
Overseeing activities performed by the Promoter and Administrator;
Monitoring performance with scheme documentation and corporate governance;
Approving and making distributions to investors;
Providing periodic statements about the schemes portfolio and investments;
- Dealing with transfers of scheme units.
Curzon Capital Limited is not authorized to deal with “Retail Clients” as defined by MiFID. Any one wishing to invest in an unregulated collective investment scheme sponsored by our firm will have to have been introduced and advised by a suitably qualified and regulated financial adviser or will have to fulfill the requirements to enable them to be categorized as either a "High-Net-Worth Individual" or a "Sophisticated Investor”. For further details please contact the Compliance Officer.
