On the 22nd May 2015, the MFSA issued a circular to the financial services industry regarding the amendments made to the Rules applicable to Collective Investment Schemes authorised to invest through loans.
The changes consist of amendments to the sections on general requirements, service providers, investment objectives, policies and restrictions, liquidity management and disclosure to investors.
Furthermore, the MFSA have also published a Q&A to these Rules as an addendum, in order to provide guidelines regarding the application of the Rules in relation to certain investment strategies amongst other areas.
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