Fund management recordkeeping requires scheme-wise financial, compliance, investor and investment records to remain electronically retrievable for prescribed retention periods. FMEs must maintain scheme-wise books, records and documents that explain transactions, disclose financial position and present a true and fair view, while ... Summary
Fund management recordkeeping requires scheme-wise financial, compliance, investor and investment records to remain electronically retrievable for prescribed retention periods.
FMEs must maintain scheme-wise books, records and documents that explain transactions, disclose financial position and present a true and fair view, while informing the Authority where they are kept. Electronically retrievable records must include financial statements, audit reports, net-worth statements, AML and CFT material, client documentation, compliance policies and activity records. Scheme assets, valuation practices, investment strategies, investor contributions and investment rationales must also be retained after winding-up.
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