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Investment Funds Regulatory Measures

Section 34 of the Monetary Authority Act enables the Authority to issue or amend Rules, Statements of Guidance and Statements of Principle. In addition, Section 48 provides for the issuance of a Regulatory Handbook to contain the policies and procedures of the Authority in carrying out its regulatory and co-operative functions.

Below is an index of measures that contains a checklist for RulesStatements of GuidanceRegulatory PoliciesRegulatory Procedures and Forms that pertain to the Investment Funds sector.


A clear and precise directive issued to licensees on a subject matter that the Authority considers essential for the prudential supervision of regulated entities and which creates binding obligations on all licensees and for which a breach may lead to the imposition of a fine or regulatory action being taken against the licensee by the Authority pursuant to the exercise of its powers under the regulatory acts.

Statement of Guidance ("SOG")

Guidance intended to assist licensees to comply with relevant acts, regulations, rules and statements of principles or to describe standards for conduct of business. Guidance contains recommendations on how licensees should operate and represent a measure against which the Authority will assess compliance by licensees.

Regulatory Policy 

A set of principles, a criteria, or approach to guide decisions and actions taken by the Authority in performing its regulatory and co-operative functions.

Regulatory Procedure 

A set of actions, activities or tasks that the Authority will carry out in performing its regulatory and co-operative functions.

Note: The following items marked with NEW have been recently added or updated.
LEGISLATION  click for link
  Rule SOG Policy Procedure Form
Cancellation of Certificates of Registration for Registered Private Funds View     View  
Licensing - Mutual Funds     View    
Licensing - Mutual Fund Administrator     View    
Approval of an Auditor     View    
Local Auditor Sign Off - Mutual Funds and Mutual Fund Administrators     View    
Fitness and Propriety     View View

Personal Questionnaire


Declaration of Source of Wealth & Source of Funds

Consolidated Supervision     View    
Cancellation of Licence or Certificate of Registration of Regulated Mutual Funds View     View  
Mutual Funds/Mutual Fund Administrators-Where contact is lost       View  
Issuing notices of decisions to declined applicants       View  
Approved Stock Exchanges     View    
List of Approved Stock Exchanges     View    
Regulatory Policy - Criteria for Approving Changes in Ownership and Control     View    
Use of Restricted Words     View    
Local Audit Sign-off for Private Funds     View    
Local Audit Sign-off for Mutual Funds and Mutual Fund Administrators     View    
Non-Fund Arrangements   View      
Outsourcing – Regulated Entities   View      
Corporate Governance - Licensees   View      
Corporate Governance - Regulated Mutual Funds   View      
Nature, accessibility and retention of records   View      
Cybersecurity for Regulated Entities View View      
Marketing Policies of Licensees   View      
Business Continuity Management   View      
Calculation of Asset Values - Regulated Mutual Funds View        
Calculation of Asset Values - Registered Private Funds View        
Segregation of Assets - Regulated Mutual Funds View        
Segregation of Assets - Registered Private Funds View        
Contents of Offering Documents View        
Marketing Materials - Registered Private Funds View        
Exemption from Audit Requirement - Regulated Mutual Funds     View    
Exemption from Audit Requirement - Registered Private Funds     View    
Exemption from Valuation - Registered Private Funds   View      
Professional Indemnity Insurance   View      
Internal Controls View        
Succession Planning   View      
Prudential Reports and Statistical Returns     View    

 Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) 

  View     View