المادة 9(e): Fund Management and Duties of the Fund Manager

e. The fund manager shall have the primary responsibility for compliance with these Regulations, whether it directly performs its responsibilities and duties or delegated them to an external party under these Regulations and the Capital Market Institutions Regulations. The fund manager shall be responsible toward unitholders for losses incurred by the investment fund, which are caused by, fraud, negligence, misconduct or wilful default of the fund manager.