LEGAL FRAMEWORK OF THE DEPARTMENT last updated 26 April 2016

Transcription

1 LEGL FRMEWORK OF THE DEPRTMENT last updated 26 pril 216 Collective Investment Schemes Control ct, 22 (vailable on FSB website, Government Gazette No of 1/12/22 as amended) Notice No (N) N 569 of 2 mended by N 1874 of 24; N 911 of 21; BN 9 & BN 92 CONTENTS OF NOTICES ND BORD NOTICES IN TERMS OF THE COLLECTIVE INVESTMENT SCHEMES CONTROL CT, 22 Govern Date ment Gazette No. Summary of contents Requirements: 1. Statements and information 2. List of assets in portfolio. Reporting to investors 4. Lodging of advertisements ( Board Notice 92 of 214) 5. Fees and penalties (Replaced various times) 6. pplication requirements and forms (nnexure C was replaced by Notice 911 of 21) 7. Due diligence guidelines on exchanges in Paragraph 5 of Notice 569 of 2 was repealed by BN 9 of Resolution authorizing conversion 9. Sub-clause 1(e) of Notice 576 of 2 was repealed by BN 9 of 214 vailable under Legislation () or rchived () N 57 of 2 replaced by N 271 of 2 N 571 of 2 repealed by BN 92 of 214 Determination of securities and classes of securities for CIS in securities Exemption of CIS in securities (not able to N 572 of 2 N 57 of 2 N 574 of 2 N 27 of 2 Determination of assets which may be included in a portfolio of a CIS in property Suspension of repurchase of participatory interests Foreign countries qualifying for investment (not able to N 575 of 2 N 274 of 2 Capital requirements for CIS in property (not able to N 576 of 2 Exemption of CIS in participation bonds

2 2 N 577 of 2 BN 5 of N 578 of 2 N 275 of 2 Rules for CIS in participation bonds Capital requirements for CIS in participation bonds N 579 of 2 N 276 of 2 Conditions i. r. o. Foreign CIS s (not able to N 271 of /8/2 Determination of securities, classes of securities, assets or classes of assets for CIS in securities N15 of 25 N 272 of 2 replaced by BN 91 of /8/2 Capital requirements for CIS in securities N 27 of /8/2 Foreign countries qualifying for investment N 274 of /8/2 Capital requirements for CIS in property N 275 of /8/2 Capital requirements for CIS in Participation bonds N 276 of 2 as amended by N 152 of 25 replaced by 21 N 1874 of 24 replaced by BN 1 of 25 N 15 of 25 Replaced N 271 of 2 N 96 of /8/2 4/12/25 Conditions in respect of a CIS carried on outside but promoted in the republic /9/24 Fees and Penalties - mended Notice 569 of 2 in respect of paragraphs, 4 and /12/25 Determination of securities, classes of securities, assets or classes of assets that may be included in a portfolio of a collective investment scheme in securities and the manner in which and limits and conditions subject to which securities or assets may be so included Exemption of manager of CIS in property from part of section 94(1)(a) of Collective Investment Schemes Control ct, 22

3 BN 1 of 25 N96 of /1/2 5 Fees and penalties BN 22 of 26 no longer active because of BN 91 of 214 N 557 of 26 amended by N 166 of 21 BN 46 of 27 Withdrawn by //26 Exemption of manager of CIS in securities from duty to maintain seed capital in exchange traded portfolio /4/26 Exemption of auditor of CIS in securities from provisions of Collective Investment Schemes Control ct, /5/27 Conditions in respect of a collective investment scheme carried outside but promoted in the republic N 572 of /5/28 Determination of assets which may be included in a portfolio of a CIS in property N 57 of /5/28 Exemption of manager of Collective Investment Scheme in property from part of section 94(1)(a) of Collective Investment Schemes Control ct, 22 N 96 of 29 Replaced N 42 of /4/29 Fees Payable in terms of CISC N 574 of /5/29 Suspension of Provision of Deed N 99 of 21 replaced by N 48 of /7/21 Exemption of Manger of CIS in Securities from certain Provisions of Notice 15 of 25 N 11 of 21 no longer applicable as BN 9 of 214 came into effect /2/21 N 91 of /9/21 N 911 of /9/21 N 98 of /1/21 N 166 of /11/21 Exemption of Manger of CIS from certain Provisions of Notice 15 of 25 Determination of Fit and Proper Requirements and Conditions for Managers of Collective Investment Schemes Determination of the pplication Form for Registration as a Manager Exemption of Manager of CIS in securities from certain provisions of Collective Investment Schemes Control ct, 22 mendment of Exemption of Collective Investment Scheme in Participation Bonds from certain provisions of Collective Investment Schemes Control ct, 22 N /5/211 Fees Payable in terms of CISC

4 4 replaced N 96 of 29 N 48 of 211 replaced N 99 of /6/21 1 Exemption of Manager of CIS in Securities from certain provisions of Notice 15 of 25 N 778 of /11/211 Determination of the Limits and Conditions for Third Party Named Portfolios of Collective Investment Schemes BN 8 of 212 BN 9 of 214 BN 298 of 212 BN 88 of /5/212 Determination of securities, classes of securities, assets or classes of assets that may be included in a portfolio of a collective investment scheme in securities and the manner in which and limits and conditions subject to which securities or assets may be so included 6485 Fees Payable in terms of CISC BN 82 of /5/1 Exemption of a manager of a CIS in securities from certain provisions of BN 8 of 212 BN 88 of /5/21 Fees Payable in terms of CISC BN 71 of BN 126 of /6/21 Determination of an instrument which may be included in a portfolio of a collective investment scheme in property 21 replaced N 276 of 2 and N 152 of /12/1 Conditions in terms of which foreign collective investment schemes may solicit investments in the Republic BN 9 of /1/14 Exemption of a manager of a CIS in securities from certain provisions of BN 8 of 212 BN 9 of //14 Determination of permissible deductions from a portfolio BN 4 of //14 Exemption of a CIS in property from certain provisions of CISC BN 41 of //14 Exemption of a CIS in securities from certain provisions of CISC BN 42 of //14 Conditions for the winding-up of a CIS in property under certain circumstances BN 57 of /5/14 Exemption of a CIS in securities from certain repealed by provisions of BN 8 of 212 BN 92 of 214 BN 65 of /6/14 Rules for administration of a CIS in Participation Bonds BN 9 of 214 replaced BN 8 of 212 BN 91 of 214 replaced N272 of /8/14 Determination of securities, classes of securities, assets and types of assets and their respective limits for a CIS in securities /8/14 Capital adequacy requirements for CIS in securities BN 92 of /8/14 dvertising, marketing and information disclosure

5 5 as amended by BN 54 of GN 141 of 85 25/2/15 Declaration of Hedge Funds Business as CIS BN 52 of 854 6//15 Determination on the requirements of Hedge Funds BN 5 of 854 6//15 Determination of conditions and the manner in which participatory interests in CIS in Security, Property and Participation Bonds may be issued to an investor as a Tax Free investment BN 54 of which amended BN 92 of //15 Determination of the effective date of Board Notice 92 of 214 BN 7 of /4/15 Determination on the requirements of Hedge Funds BN 71 of /4/15 Fees payable in terms of CISC replaced BN 88 of 21 BN 74 of /4/15 Exemption of a foreign CIS from certain provisions of BN 92 of 214 BN 98 of /4/15 Exemption of a CIS manager from certain provisions of CISC BN 89 of 875 /4/15 Exemption of managers from provisions of BN 5 of BN 11 of /5/15 Levies BN 14 of /5/15 Exemption of Managers of the CIS in Securities from duty to maintain seed capital in exchange traded portfolios BN 84 of /4/15 Capital Requirements with which a manager in hedge funds must comply BN 1 of 8924 /7/15 Suspension of certain provisions of the MET Collective Investment Scheme Deed BN 18 of 9 17/7/15 Capital Requirements with which a manager in participation bonds must comply BN 14 of /9/15 Exemption of a category of persons conducting the business of a hedge fund from certain provisions of the ct BN 225 of /1/21 5 Exemption of a manager of a collective investment scheme in Securities from certain provisions of the ct BN 9 of /4/16 Exemption of a manager of a collective investment scheme in Securities from certain provisions of board notice 9 of 214 and Suspension of certain provisions of the deed Warning!! The Financial Services Board does not guarantee that the cts displayed on this website reflect the most recent version of those cts after any possible amendments. The Board is not liable for any loss sustained or prejudice caused by a disregard of this warning.