Regulatory Alerts2015-01-02
Added
Securities And Futures (Offers Of Investments) (Collective Investment Schemes) Regulations 2005
The Monetary Authority of Singapore issues these regulations to set out requirements for offers of units in collective investment schemes, including trust deed covenants, prospectus contents, and advertising standards. The framework establishes best practices for managers, trustees, and custodians regarding the management, operation, and marketing of schemes offered to the retail public. It also defines obligations for authorized managers concerning unit cancellations and provides guidance on compliance with approval and reporting timelines.
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