ADVOKS GLOBAL · KENYA
The Capital Markets (Collective Investments Schemes) Regulations, 2023
37. Trustee to ensure fund manager maintains sufficient records
Edition: 2023-12-15 · In force
37. Trustee to ensure fund manager maintains sufficient records
(1)The trustee shall ensure that the fund manager maintains accurate and sufficient records and adopts such procedures and methods for the calculation of prices at which participatory interests are issued and redeemed to ensure that those prices are within the limits for the time being prescribed under these Regulations.(2)Where the trustee is at any time not satisfied in respect of any matter specified in subregulation (1), the trustee shall inform the Authority.