COLL 5.2.4 Other General Requirements for Prospectus—All QFC Schemes
(1) The operator of a QFC scheme must ensure that any prospectus for the scheme—
(a) is in English; and
(b) presents information about the scheme clearly and fairly; and
(c) does not contain any untrue or misleading statement; and
(d) otherwise complies with these rules.
(2) Subrule (1) (a) does not prevent the operator preparing, or arranging for the preparation of, a translation of the prospectus in any other language.
(3) However, the operator must ensure that any translation of a prospectus prepared by or for the operator—
(a) presents information about the scheme clearly and fairly; and
(b) does not contain any untrue or misleading statement; and
(c) is otherwise a correct translation; and
(d) prominently displays the date of the translation; and
(e) states that it is a translation authorised by the operator; and
(f) otherwise complies with these rules.
|Derived from QFCRA RM/2010-05 (as from 1st January 2011)|