Regulatory Alerts2021-11-10
Added · Updated
CIS.S.4.1 – Additional Information Required to Enable an Investor
The Namibia Financial Institutions Supervisory Authority issued Standard CIS.S.4.1 to require managers and authorized representatives of collective investment schemes to provide comprehensive general and investment-related disclosures to individual investors before initial transactions. The standard mandates written, plain-language information detailing investment terms, fee structures, risk profiles, past performance, and currency exposures for foreign schemes to be delivered at least fourteen days prior to execution. Investors retain the right to request additional operational details, including conflict management practices and delegated functions, ensuring transparent decision-making.
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