Summary of Amendments to Revised Guidelines on Compliance Function for Fund Management Companies

SUMMARY OF AMENDMENTS
REVISED GUIDELINES ON COMPLIANCE FUNCTION FOR FUND MANAGEMENT COMPANIES (Date of Issuance: 28 November 2022) The following table provides a summary of key amendments to the revised Guidelines on Compliance Function for Fund Management Companies (Guidelines) issued on 28 November 2022:
A. Overview
The Guidelines was revised to reflect changes consequent upon issuance of Guidelines on Islamic Capital Market Products and Services (ICMPS Guidelines). B. Amendment Highlights No. Prior to 28 November 2022 Revised Version Dated 28 November 2022 Comments
Chapter 1: Introduction

1. Paragraph 1.04(a) Paragraph 1.04(a) Amended to make reference to ICMPS
   Guidelines.
   Chapter 4: Key Responsibilities
2. Paragraph 4.04 (q) Paragraph 4.04 (q) Amended the term “Shariah mandate” to
   “Islamic fund management business”.
   Amended to make reference to ICMPS
   Guidelines.