Recognition of supervisory bodies: enlistment with a recognized entity can be required and its bye laws applied to advisers. The regulator may recognize a body or body corporate to administer and supervise investment advisers, impose terms and conditions on recognition including ... Summary
Recognition of supervisory bodies: enlistment with a recognized entity can be required and its bye laws applied to advisers.
The regulator may recognize a body or body corporate to administer and supervise investment advisers, impose terms and conditions on recognition including scope of delegation, and require that persons act as investment advisers only if enlisted with that recognized entity, in which case the regulations and specified bye laws or articles of the recognized body apply to the adviser.
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