Applicability of portfolio manager obligations to eligible fund managers for eligible investment funds clarified under regulatory scope. Applicability of the chapter is confined to eligible fund managers solely in respect of their functions as portfolio managers to eligible investment funds, and, unless repugnant or contextually inapplicable, other provisions of the Regulations and related guidelines and circulars continue to apply to those managers in relation to their portfolio management activities for eligible investment funds.
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Provisions expressly mentioned in the judgment/order text.
Applicability of portfolio manager obligations to eligible fund managers for eligible investment funds clarified under regulatory scope.
Applicability of the chapter is confined to eligible fund managers solely in respect of their functions as portfolio managers to eligible investment funds, and, unless repugnant or contextually inapplicable, other provisions of the Regulations and related guidelines and circulars continue to apply to those managers in relation to their portfolio management activities for eligible investment funds.
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