Regulatory Alerts2023-08-04
Added · Updated
Consultation on Guidelines for Collective Investment Schemes
The Financial Services Commission of Jamaica proposes new guidelines for Collective Investment Schemes to enhance regulatory oversight and investor protection. The draft requirements mandate a 20% cap on individual investor concentration, enforce comprehensive conflict of interest policies, and establish transparent asset valuation and risk management protocols. These guidelines are scheduled for implementation by December 1, 2023, following a public consultation period ending August 22, 2023.
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