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Reporting timelines for mutual funds shortened and abridged scheme-wise annual report format mandated for unitholders. Amendments shorten mutual fund reporting timelines by substituting 'four months' for the prior six-month period in Regulation 56(1) and Regulation 57, and replace the proviso to Regulation 56(2) to require that the abridged scheme-wise Annual Report mailed to unitholders be in the format prescribed by the Board; commencement is upon publication in the Official Gazette under the Board's section 30 powers.
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Reporting timelines for mutual funds shortened and abridged scheme-wise annual report format mandated for unitholders.
Amendments shorten mutual fund reporting timelines by substituting "four months" for the prior six-month period in Regulation 56(1) and Regulation 57, and replace the proviso to Regulation 56(2) to require that the abridged scheme-wise Annual Report mailed to unitholders be in the format prescribed by the Board; commencement is upon publication in the Official Gazette under the Board's section 30 powers.
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