The Commission has today issued a consultation paper, Guidance Notes for Pricing Controls in respect of Open Ended Collective Investment Schemes. This paper has been prepared with the GIFA Custodian and Depositary Committee.
The proposals take account of the IOSCO Principles for the Valuation of Collective Investment Schemes and the AIFMD Depositary Requirements Guidance Notes.
The Commission would welcome responses, which should be submitted by no later than 5.00pm on 16 December 2015. For respondents’ convenience, we have also presented on the web site a version of the Guidance Note blacklined to the current Incorrect Pricing Guidance Note.