Under Article 54(1)(b) of the Law, an Authorised Firm is permitted to make an Offer of a Unit of a Foreign Fund if it has a reasonable basis for recommending that the investment in the Fund is suitable for the particular Client. To form such an opinion, the firm must undertake the assessment required under [COB Rule 3.4.2].
Derived from
RM72/2010 (Made 11th July 2010). [VER13/07-10]