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    <title>Rejection of application</title>
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    <description>Registration applications for Fund Management Entities may be refused only after deficiencies are communicated and the applicant is allowed 30 days to rectify them. If the deficiencies are not rectified to the Authority&#039;s satisfaction within that period, the Authority may refuse registration and must communicate the refusal with reasons.</description>
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      <description>Registration applications for Fund Management Entities may be refused only after deficiencies are communicated and the applicant is allowed 30 days to rectify them. If the deficiencies are not rectified to the Authority&#039;s satisfaction within that period, the Authority may refuse registration and must communicate the refusal with reasons.</description>
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