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
Related services
Key Contacts
Related Articles
08 March 2023
Jersey Limited Liability Company (LLC) legislation to enhance pan-Atlantic business for US fund managers.
This month the Government of Jersey approved the new Limited Liability Company (LLC) legislation, which it is expected will further strengthen Jersey’s position as a leading international finance centre for US alternative fund managers.
Read Article05 July 2024
Key Changes to the Jersey Private Fund Guide
The JFSC have updated their Jersey Private Fund (JPF) Guide in collaboration with the Jersey Funds industry. The enhancements reflect the dynamic market landscape and the impressive success of the JPF regime since its 2017 inception. Dominic Coyne, Director & Head of Funds, discusses the key changes designed to further the appeal of the JPF in today's market.
Read Article19 October 2022
Fairway to implement market-leading technology LemonEdge to support their front-to-back total Funds operations
The innovative API and low-code platform will be powering Fairway's Funds administration services division.
Read Article