Special Investigating Units and Special Tribunals Act, 1996
R 385
Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Board NoticesCapital Requirements with which a Manager of a Collective Investment Scheme in Hedge Funds must comply4. Evaluation of risk |
A manager must, at least once a year, evaluate its risk to professional liability and fidelity claims and must in accordance with the risk identified during risk evaluation maintain suitable professional indemnity or fidelity insurance cover of no less than R5 million.
