Regulatory Alerts2021-12-23
Order approving amendments to investment fund regulations to reduce regulatory burden
The Minister of Finance approved regulations drafted by the Autorité des marchés financiers to amend five key investment fund rules under the Securities Act. These amendments implement Workstreams 1 and 2 of the Reducing Regulatory Burden initiative by standardizing disclosure requirements and eliminating redundant filings. The changes primarily involve replacing general website references with designated websites and simplifying prospectus and continuous disclosure obligations for mutual funds and ETFs.
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