Regulatory Alerts2021-03-23
New Rule and Sundry Amendments to the Rules and Regulations of the Commission
This document introduces a new regulatory framework for warehousing and collateral management, mandating the registration of Collateral Management Companies (CMCs) and specifying strict requirements for warehouse certification, electronic warehouse receipt issuance, and record maintenance. It reinstates Rule 19, which mandates that all Capital Market Operators file for annual registration renewal by January 31st, accompanied by specific compliance evidence including fidelity bond proof and current minimum capital requirements. Additionally, the document updates the quarterly return forms (SEC Form QR6) for Unit Trust Schemes to enhance reporting on asset allocation, management fees, and investor holdings.
Share