Regulatory Alerts2020-09-11
Guidance to Collective Investment Schemes on Valuation, Investment Performance Measurement, Reporting and Other Related Matters
This regulatory circular mandates standardized performance measurement, reporting, and valuation practices for all Collective Investment Schemes in Kenya to enhance transparency and comparability. Fund managers are required to submit quarterly performance reports, adopt time-weighted return calculations, disclose fee structures, and adhere to strict advertisement guidelines. These measures take effect on January 1, 2021, and align local industry practices with international standards set by IOSCO and GIPS.
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