Regulatory Alerts2018-03-26
Notice 571 of 2003: Exemption of Collective Investment Scheme Managers from Certain Provisions
The Financial Services Board, through Registrar Jeffrey van Rooyen, has issued Notice 571 of 2003 to exempt specific collective investment scheme managers from sections 90(4) and 100 of the Collective Investment Schemes Control Act, 2002. This exemption applies exclusively to managers administering collective investment schemes in securities who are members of The Association of Unit Trusts of South Africa. The regulatory relief takes effect on 3 March 2003, streamlining compliance obligations for qualifying industry participants.
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