Tag archives: Hedge funds

Hedge funds declared collective investment schemes

By John Gillmer and Lance Roderick on July 3, 2015 Posted in General

From 1 April 2015 hedge funds became collective investments schemes and are now regulated by the Collective Investment Schemes Control Act 2002 (CISCA) and the newly published “Determination on the requirements for hedge funds” published in Board Notice 52 of 2015 by the FSB on 6 March 2015 (as amended) (HF Regulations). Hedge funds are … Continue reading

The regulation of hedge funds

By Lance Roderick and Desiree Reddy (ZA) on March 5, 2015 Posted in Banking

In the first formal step toward hedge fund regulation in South Africa, National Treasury has published a s63 declaration under the Collective Investment Schemes Control Act, 2002 (CISCA). Investment funds conducting the business of a hedge fund will, from 1 April 2015, become collective investment schemes (CIS) and will be regulated by CISCA. Hedge funds … Continue reading