The principal ongoing regulatory obligations applicable to all regulated mutual funds (hedge funds) are:
Pay annual registration fees to CIMA by 15 January in each year
File audited financial statements with CIMA within 6 months of the financial year end, together with a fund annual return
While its offering of equity interests is ongoing, notify CIMA within 21 days of becoming aware of any change that materially affects the information in its current offering document
Keep the fund’s assets segregated and accounted for separately from the assets of any other person in accordance with CIMA's Rule on Segregation of Assets – Regulated Mutual Funds
Establish, implement and maintain a written valuation policy in accordance with CIMA's Rule on Calculation of Assets Values – Regulated Mutual Funds
Comply with the Anti-Money Laundering Regulations, including the requirement to have anti-money laundering officers (see Additional Regulatory Obligations below)
Comply with FATCA/CRS notification, due diligence and reporting obligations
CV5 Capital is the leading provider of fund formation and launch services for asset managers around the world. We assist throughout the lifecycle, launching hedge funds and crypto funds for managers, with ongoing support so managers can focus on the investment strategy, raising capital and building an audited track record.
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