Article 9(d): Credit Information of the Beneficiary in the Direct Financing Fund
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.
d) The fund manager shall follow clear and transparent written standards and procedures to assess the creditworthiness and repayment capacity of the beneficiary, and shall update them as necessary. Such standards and any updates thereto shall be approved by the Board of Directors of the Fund. The fund manager shall implement these procedures prior to granting financing and shall document such procedures in the financing file.
Text read on · dcdde263bb32
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 on the Financing of Investment Funds (English)Edition current
- Last read
- first read
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