Regulatory Alerts2018-03-31
Information Circular PF 3 of 2012: Section 13B Investment Administration Delegation
The Financial Services Board delegates the approval and ongoing supervision of investment administrators under Section 13B of the Pension Funds Act to the Registrar of the Financial Advisory and Intermediary Services. Effective 1 January 2013, all section 13B applications must be directed to the FAIS Department, which will assume full regulatory oversight. This administrative transfer consolidates investment administration licensing within the FAIS framework to streamline compliance and regulatory processes.
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