Regulatory Alerts2006-04-12
Trinidad and Tobago Securities and Exchange Commission Collective Investment Schemes Guidelines
The Trinidad and Tobago Securities and Exchange Commission issued these guidelines to establish a comprehensive regulatory framework for Collective Investment Schemes amid rapid industry growth and concentration. The document mandates strict disclosure standards for prospectuses, financial statements, and performance data while imposing substantive rules on fund governance, trustee duties, and investment restrictions. It also sets specific requirements for the approval of managers, naming conventions, and the calculation of net asset values to ensure investor protection and market integrity.
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