Regulatory Alerts2009-02-18
Guidelines on Wholesale Funds
The Securities Commission of Malaysia issued these guidelines to regulate the establishment, operation, and offering of wholesale funds exclusively to qualified investors. The document mandates strict compliance for fund managers and trustees regarding internal controls, risk management, asset valuation, and the safeguarding of investor assets. It further imposes comprehensive requirements on disclosure, reporting, liquidity management, and the permissible investment structures and strategies for such funds.
Share