Regulatory Alerts2021-11-11
MAF.S.7.4 – Requirements for the Rules of a MAF
The regulator issued MAF.S.7.4 to define mandatory requirements for the rules of a Managed Investment Fund (MAF). This directive outlines specific structural and operational provisions that MAF rules must satisfy to ensure regulatory compliance and investor protection. The current version, updated in October 2024, replaces prior guidance and establishes a standardized framework for fund managers drafting or amending their constitutive documents.
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