Regulatory Alerts2023-08-28
Frequently Asked Questions to the Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework
The Securities Commission issued these FAQs to clarify amendments to the UCMP Guidelines concerning wholesale funds and the Foreign Exempt Scheme. Existing wholesale funds launched before the effective date are granted a six-month transitional period until 28 February 2024 to update their documentation. Responsible Parties must notify the Commission of any cessation of Foreign Exempt Scheme distribution as soon as practicable, but no later than the next annual submission of statistical information.
Share