Article 22(b): Fund Offering Requirements
As published by the Capital Market Authority and read from the source by the regulation watch; reproduced verbatim, with attribution and a link to the source.
b. If the Authority, after receiving the private offering notification and the relevant information and documents pursuant to paragraph (a) of this Article, considers that the proposed offering of units may not be commensurate with the fund manager’s ability or may result in a breach of the Capital Market Law or its Implementing Regulations, it may take any of the following actions:
1) carry out any enquiries it considers appropriate, including requiring the concerned person or its representative to appear before the Authority to answer the Authority’s questions and to explain any matters the Authority considers relevant to the offering; or
2) require the concerned person or others to provide additional information, or to confirm the accuracy of the information provided in such manner as the Authority may specify.
Text read on · 1750296d482b
History
Each time the regulation watch read the source and found these words changed, the earlier text was kept. Removed words are struck through, added words underlined.
No amendment has been seen since the platform first read these words on 2026-09-14.
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Source
The text is the Authority's, reproduced with attribution. The link opens the published document.
- Published at
- CMA — Instructions of Simplified Investment Funds (English)Edition current
- Last read
- first read
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