Power to issue clarifications enables the regulatory board to resolve application or interpretation difficulties through circulars. The Board is empowered to remove difficulties in application or interpretation of the Alternative Investment Funds regulations by issuing clarifications ... Summary
Power to issue clarifications enables the regulatory board to resolve application or interpretation difficulties through circulars.
The Board is empowered to remove difficulties in application or interpretation of the Alternative Investment Funds regulations by issuing clarifications and guidelines through circulars or separate circulars, guidelines, or frameworks for each category of Alternative Investment Funds, enabling explanatory directions and category specific guidance.
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