Regulatory Alerts2018-05-17
Information Circular 22: Applications for Approval to Operate Collective Investment Schemes in Hedge Funds
The Financial Services Board issued Information Circular 22 to publish standardized application forms and a model deed for entities seeking approval to operate collective investment schemes in hedge funds. The circular outlines the required documentation, including specific forms for qualified and retail investor funds structured as partnerships or trusts, pursuant to Board Notice 52 of 2015. Applicants must utilize the provided model deed as a non-prescriptive guide and complete its accompanying index to facilitate the Registrar's evaluation of their scheme deeds.
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