The Capital Markets (Collective Investments Schemes) Regulations, 2023

78. Disclosure obligations

Edition: 2023-12-15 · In force

An intermediary service platform provider shall make the following disclosures to its users—

(a)features and characteristics of the intermediary service platform;

(b)the nature of the partnerships with the licensed fund manager(s);

(c)accurate description of its services;

(d)fees charged for using the platform and any other fees including transaction charges;

(e)data protection and privacy policy;

(f)risk disclaimers;

(g)alternative methods for transacting;

(h)procedures for withdrawals;

(i)processing of online applications, suspension and cancellation of transactions;

(j)account opening procedures;

(k)redemption and conversion of units; and

(l)any other disclosure as may be necessary and as may be required by the Authority.