Regulatory Alerts2021-04-30
FSCA Communication 10 of 2021 (CIS): Guidance Notice on Net Asset Valuation and Pricing Best Practices for Collective Investment Schemes
The Financial Sector Conduct Authority issued a Guidance Notice establishing best practice guidelines for calculating and pricing the net asset value of collective investment scheme portfolios. This notice clarifies the application of sections 44(1) and 94(1) of the Collective Investment Schemes Control Act alongside the existing NAV Conduct Standard. Regulated entities may also utilize these valuation guidelines for instruments beyond standard collective investment schemes.
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