Regulatory Alerts2018-12-18
Summary of Amendments to the Guidelines on Compliance Function for Fund Management Companies
The regulator issued revised guidelines on 17 December 2018 to update the Compliance Function standards for fund management companies. The amendments introduce specific requirements for digital investment management companies regarding client money treatment, notification modes, and custodial arrangements. Additionally, the revision includes editorial changes and new paragraphs clarifying eligibility, policies, and disclosure obligations.
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