Inspection-report submission requires prompt reporting of inspection findings to the governing body in portfolio manager disciplinary proceedings. Regulation 38 requires the inspecting authority, in inspection and disciplinary proceedings concerning portfolio managers, to submit an inspection report ... Summary
Inspection-report submission requires prompt reporting of inspection findings to the governing body in portfolio manager disciplinary proceedings.
Regulation 38 requires the inspecting authority, in inspection and disciplinary proceedings concerning portfolio managers, to submit an inspection report to the Board as soon as possible. The obligation establishes a prompt reporting mechanism through which inspection findings are placed before the Board for consideration within the applicable regulatory and disciplinary framework.
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