Regulatory Alerts2003-06-03
Guide on Areas of Compliance and Internal Controls for Management Companies and Trustees
This guide outlines the essential compliance and internal control frameworks that management companies and trustees must implement to manage risks and ensure regulatory adherence. It mandates specific measures across key operational areas including the separation of functions, segregation of duties, delegation of authority, and robust risk management protocols. The document further requires strict controls over asset safekeeping, investment management, valuation, record keeping, and the handling of breaches to protect unit holders' interests.
Share