CAMAC’s March 2014 managed investment schemes paper — a precursor to the FSI?
By Andrew Yik
The Corporations and Markets Advisory Committee (CAMAC) has released a broad discussion paper to review the establishment and management of schemes, which opens up all aspects of the legislative structure. Its objective is to reduce compliance burdens, and for the regulatory regime for schemes to be aligned with that for companies, unless there are compelling reasons to treat schemes differently.
This is a continuation of the review that produced the CAMAC July 2012 Report, and may provide a useful indication of the issues that the Financial System Inquiry (FSI) will consider in relation to managed investment schemes.
This paper will be of interest to the operators and investors in managed investment schemes…
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