Frequently asked question
Do I need to register my fund with CIMA?
Fund Formation
Assess the statutory definition, proposed investor rights and applicable exclusions before selecting a route. In-scope open-ended funds fall under the Mutual Funds Act. In-scope private funds apply for registration within 21 days of accepting capital commitments and must be registered before accepting capital contributions for investment. Formation of the entity alone does not authorise regulated fund business. Registration, offering documentation, appointments and operating readiness should be planned together.
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Related definition: Mutual Fund.