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COLL 4.1 Introduction

Application

COLL 4.1.1R

This chapter applies to:

  1. (1)

    an authorised fund manager of an AUT, ACS1 or an ICVC;

  2. (2)

    any other director of an ICVC;

  3. (3)

    a depositary of an AUT, ACS1 or an ICVC; and

  4. (4)

    an ICVC,

where such AUT, ACS1 or ICVC is a UCITS scheme or a non-UCITS retail scheme.

Purpose

COLL 4.1.2G

This chapter helps in achieving the statutory objective of protecting consumers by ensuring consumers have access to up-to-date detailed information about an authorised fund particularly before buying units and thereafter an appropriate level of investor involvement exists by providing a framework for them to:

  1. (1)

    participate in the decisions on key issues concerning the authorised fund; and

  2. (2)

    be sent regular and relevant information about the authorised fund.