Trustee eligibility for Investment Trusts requires regulatory registration, independence from sponsors and managers, and adequate operational capacity.

Trustee eligibility for an Investment Trust requires authorisation or registration with the Authority or another securities market regulator. The trustee must be independent of the sponsor or sponsors and the investment manager, and must not be their associate. It must also maintain adequate infrastructure, personnel and other necessary wherewithal satisfactory to the Authority and recognised stock exchange or exchanges.

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