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Market Authority Seeks Input on Fund Disclosure Rules
The Capital Market Authority has approved the development and enhancement of disclosure requirements for investment funds, aiming to promote greater transparency and more efficient oversight. The amendments include integrating ongoing obligations into disclosures, improving transparency regarding conflicts of interest and significant events, details of distributed profits, major investments, as well as performance assessments and future outlooks. Additionally, the modifications focus on standardizing communication channels through the market’s website to increase investor accessibility. Currently, public feedback is being collected before finalizing the approved version.
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