Inspection notice requirement allows prior notice or immediate inspection for investor protection; trustees must comply during investigations. Regulation mandates a prior notice requirement to the Collective Investment Management Company or trustee before an inspection, while empowering the regulator to order immediate inspection without notice when investor interests warrant waiver; entities under inspection must discharge obligations and cooperate during the inspection or investigation as specified by the relevant follow up regulation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Inspection notice requirement allows prior notice or immediate inspection for investor protection; trustees must comply during investigations.
Regulation mandates a prior notice requirement to the Collective Investment Management Company or trustee before an inspection, while empowering the regulator to order immediate inspection without notice when investor interests warrant waiver; entities under inspection must discharge obligations and cooperate during the inspection or investigation as specified by the relevant follow up regulation.
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