Regulatory Alerts2015-04-17
Code Of Conduct For Trustees 17415
Trustees must adhere to all regulatory frameworks and constituent documents while exercising a duty of loyalty and prudent judgment to act in the best interests of beneficiaries. This code mandates rigorous oversight of service providers, the prevention of co-mingling funds, accurate financial reporting, and the active avoidance of conflicts of interest. Furthermore, trustees are responsible for maintaining asset security, enforcing risk diversification, and providing transparent, timely communications to both the Commission and stakeholders.
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