Regulatory Alerts2020-04-21
Added · Updated
Investment Funds (Fees) Rules, 2020
The Securities Commission of The Bahamas establishes specific application, annual, and administrative fees for investment funds, administrators, managers, and alternative investment fund managers licensed under the Investment Funds Act, 2019. The rules mandate that all fees are non-refundable and payable to the Commission, with annual fees for new licenses pro-rated to December 31st of the licensing year. Detailed fee structures are defined in the Schedule, covering categories such as Standard, Professional, and SMART Investment Funds, as well as various administrative services like director approvals and fund re-launches.
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