2016-10-25
Added · Updated
The Algerian Ministry of Finance approved COSOB Regulations 16-03 and 16-04, which establish mandatory organizational, technical, financial, and ethical standards for investment fund management companies. Regulation 16-03 mandates specific human resources, IT infrastructure, risk management procedures, and minimum capital requirements to ensure operational integrity. Regulation 16-04 enforces a strict code of professional ethics, requiring conflict of interest prevention, transparency, and compliance monitoring by management and employees.
More like this from COSOB
We email you every new COSOB publication the day it's published.