Venture capital fund regulation limits portfolio concentration, mandates disclosure and strengthens inspection and remedial powers. Amendments redefine key terms, permit venture capital funds as trusts or bodies corporate, require disclosure of investment strategy and firm investor commitment before operations, and prescribe investment composition limits-majority allocation to unlisted equity or equity-linked instruments, concentration caps, and restrictions on investments in associates-while strengthening placement memorandum requirements and conferring enhanced inspection, information-production and remedial powers on the Board, including directions limiting fundraising, asset dispositions, refunds to investors and suspension of intermediaries.