Scheme fees and expenses require separate appropriation and itemised maximum-fee disclosure in offering materials for investors. Fees and expenses must be clearly identified and appropriated separately for each scheme. The FME must disclose in the offer document or placement ... Summary
Scheme fees and expenses require separate appropriation and itemised maximum-fee disclosure in offering materials for investors.
Fees and expenses must be clearly identified and appropriated separately for each scheme. The FME must disclose in the offer document or placement memorandum the maximum fees and expenses it may charge, with every expense shown separately as a specific line item.
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