• Record keeping

    • FUNDS 17.1.6

      A Fund Administrator must maintain records which are sufficient to show and explain transactions in relation to each of the specific activities and functions which are being provided to each Fund, in respect of Unitholders or potential Unitholders of the Fund as appropriate.

    • FUNDS 17.1.7

      The records required under Rule 17.1.6 must be:

      (a) capable of demonstrating to the Governing Body of the relevant Fund that any accounts prepared comply with the applicable requirements in these Rules or any other applicable legislation;
      (b) retained by the Fund Administrator for at least 6 years from the date to which they relate;
      (c) at all reasonable times, open to inspection by the Regulator, Fund Manager, the Fund's Auditor and any Person providing oversight functions for the relevant Fund; and
      (d) if requested by the Regulator, capable of reproduction within a reasonable period not exceeding 3 days, in hard copy and in English.