shall be audited and given an opinion by an auditor who is duly authorized to engage in the auditing business in the countries where the investment units are offered, provided that such matter shall be
hedge fund, to a foreign service provider who is legally permitted to operate investment management business for hedge funds (i.e., hedge fund manager/advisor) under the law of a foreign country wherein
regulations specified by SEC and that trustees are permitted to charge for expenses incurred in making copies of documents as required by the SEC. SEC has therefore drafted the rules and regulations on the
through bank accounts bearing the same name as the customer. The use of third-party bank accounts or cash transactions will not be permitted. (2) In cases where cash is deposited at a bank into a trading
commissions and costs incurred on the issue and redemption of units. The Fund is not authorised or recognised by the Monetary Authority of Singapore ("MAS") and shares are not allowed to be offered to the
promotion which provides investors who invest in investment units with gifts, rights or any other benefits, such advertisement is permitted only when the promotion period, value and amount of gift, rights or
gifts, rights or any other benefits, such advertisement is permitted only when the promotion period, value and amount of gift, rights or any other benefits are appropriate and fair, following the Office’s
. Transitional Provisions Clause 24 The licensee shall be allowed to continue undertaking securities businesses in accordance with the Ministerial Regulations repealed by this Ministerial Regulation under the