Version 3.0
External Fund Administrator Request Form
The information requested below will allow the FSC to initially consider a request for an
external administrator to provide fund administration service to Experienced Investor Funds
(EIFs) in accordance with Regulation 2 of the Financial Services (Experienced Investor
Funds) Regulations 2012.
To ensure that the request is dealt with promptly, it is requested that comprehensive answers
are provided to avoid potential delays due to lack of information.
Prior to completing this form it should also be noted that the appointment of an external fund
administrator to service an EIF is aimed at “brand name” administrators under certain
circumstances. The specific purpose being that such will allow the setting up of large funds
which require a substantially large administrator in terms of size and international reputation.
It is therefore intended to only allow the top few international fund administrators hence clear
rationale, which includes details of why the service cannot be provided locally, should be
provided.
Please note that some of the information provided in this form may be discussed on a nonames basis with the established FSC Funds Panel. Information pertaining to the Panel can
be sought from: http://www.fsc.gi/fsclists/pressrelease.aspx?PressReleaseID=108
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Name of fund administrator (“the firm”).
Details of directors of firm.
Director
Date of Birth
Location of firm.
Brief outline of current business plan of firm – i.e. what
services are provided to funds together with information
pertaining to the type and number of funds serviced.
Information should also include the size of the firm in
the jurisdiction where it is established.
Details of regulatory regime the firm is subject to.
For firms established in a jurisdiction outside of the
EEA - details of jurisdictional equivalence should also
be provided.
Licences held by firm and details of issuing regulator.
Details of protections afforded
administrator’s jurisdiction.
to
investors
in
Total amount of assets of the funds the firm provides
services to.
Does the firm operate in any other jurisdictions?
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Place of Birth
Details of regulatory history (including regulatory
breaches or warnings issued in respect of the firm).
Where general consent is being sought - the intended
number of EIFs the firm intends to provide services to
should be specified.
In the case of consent to provide services to specific
EIFs the names and outline of investment objective and
strategy of EIFs that have been identified for the firm to
provide services to.
Details of rationale for using this administrator over a
locally licensed administrator.
Intended local agent
Any other information that the FSC should be aware of
in considering the firm.
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DECLARATION
This declaration must be signed for and on behalf of the administrator by two directors of the
administrator.
The Administrator warrants and undertakes:
that the information provided in this request form is truthful and any other information
which might reasonably be considered relevant for the purpose of this request has been
disclosed
Furthermore that the administrator confirms that it wishes to be included on Gibraltar’s
list of approved administrators1.
Name of administrator
Signed
(Name of signatory in BLOCK CAPITALS)
Position: Director of the Fund Administrator
Signed
(Name of signatory in BLOCK CAPITALS)
Position: Director of the Fund Administrator
1
To note: Consent and listing of these administrators does not mean that these have been approved or licensed by
the FSC. The FSC has no regulatory oversight of these entities and cannot be considered as approval/licensing of
the entity.
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