[description]
he Financial Services Commission (“FSC”) has issued a Circular Letter (CL250315) in relation to the applicability of the Compentency Standards for a CIS Manager engaged in the management of a Collective Investment Scheme or a Closed-End Fund targeting expert and/or sophisticated investors. Also the FSC has issued a “FAQs” on the Competency Standards following queries/questions received from various stakeholders in the industry.
[/description]
[file]
http://intercontinentaltrust.com/wp-content/uploads/2016/09/competency_standard_a3.pdf
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