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FPR A1.1.1

The Fund Manager of a Passported Fund that is a Public Fund must ensure that:

(a) the incorporation and other legal formalities relating to the formation of the Public Fund are completed;
(b) if it is a trust, it has a trustee which meets the requirements set out for acting as a trustee of a Public Fund in the Home Jurisdiction;
(c) it has appointed an auditor who complies with the relevant audit rules in the Home Jurisdiction; and
(d) the Prospectus for the Fund meets the minimum requirements set out in FPR A1.1.2.
Derived from RMI233/2019 (Made 20th February 2019). [VER1/02-19]