CIMA regulatory updates: Key policy revisions and guidance for compliance
The categorised updates include:
Marketing policies: These policies outline the standards and requirements for marketing activities, ensuring compliance with CIMA's regulatory framework.
Regulatory policies for licensees: These updates emphasise compliance with advertising and promotional standards for licensees.
The list of updates are:
Corporate Services Regulatory Measures
Trusts Regulatory Measures
Money Services Business Regulatory Measures
Insurance Regulatory Measures
Securities Regulatory Measures
Investment Funds Regulatory Measures
Exemption from Valuation Requirements: CIMA has updated its regulatory policy regarding exemptions from valuation requirements for registered private funds.
Auditor Approval Policy: A revised policy has been introduced to streamline the approval process for auditors of regulated entities.
Guidance on Licensing Mutual Funds: CIMA has issued a statement of guidance to clarify the licensing requirements for mutual funds.
