Information for issuers and their professional advisers on offers of collective investment schemes in Singapore.
Last Revised Date: 16 March 2020
Notice SFA 04/13-N01 Cancellation Period for Units in Authorised Collective Investment Schemes
Sets out the obligations of managers of authorised Collective Investment Schemes (CIS) and other relevant persons in relation to a cancellation of the purchase of units in an authorised CIS by an investor.
This notice applies to authorised CIS managers and other relevant persons specified in paragraph 5 of the notice, who shall provide to investors with a right to cancel an agreement to purchase units in an authorised CIS within 7 calendar days.