المادة 16: Special Commission Arrangements

Article 16: Special Commission Arrangements

a. Any special commission arrangement entered into by a fund manager is subject to the Capital Market Institutions Regulations and must be disclosed in the Fund’s Terms and Conditions.

b. Goods and services received by a fund manager under a special commission arrangement must be restricted to those that are related to the execution of transactions on behalf of an investment fund or comprise the provision of research for the benefit of relevant investment fund.

c. The fund manager may not obtain direct sums of money under special commission or any other arrangements.