Regulatory Alerts2026-08-20 | JPRFM-2026-034-VAdded
JPRFM-2026-034-V — Approves the Incorporation of Section II "Parameters and Asset Limits for the Administration of Investment Funds" to Chapter III "Fund and Trust Administration Companies" of the Codification of Monetary, Financial, Securities and Insurance Resolutions
The Financial and Monetary Policy and Regulation Board (JPRFM) incorporates Section II into the Codification of Resolutions, establishing minimum asset and regulatory capital parameters for authorized fund and trust administration companies. These entities must maintain a regulatory capital equal to or greater than a calculated minimum, which includes a fixed USD 400,000 component and a variable component based on a progressive percentage of net assets under management. Companies failing to meet these limits are prohibited from distributing profits, reducing capital, or returning contributions until compliance is restored, with a two-year transition period allowed for initial adjustment.
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