COLL 8.2.18 Publication of Prices—QFC Retail Schemes

(1) The operator of a QFC retail scheme must make dealing prices public in an appropriate way.

Note Deal is defined in the glossary.
(2) In deciding the appropriate way of making prices public, the operator must ensure all the following requirements are met:
(a) that a unitholder or potential unitholder can obtain the prices at a reasonable cost;
(b) that prices are available at reasonable times;
(c) that publication is consistent with the way and frequency at which the units are dealt in;
(d) that the way prices are made public is disclosed in the latest filed prospectus;

Note Latest filed prospectus is defined in the glossary.
(e) that prices are published in a consistent way.
(3) Without limiting subrule (1), publication in the following ways may be appropriate:
(a) publication in a national newspaper;
(b) supply through an advertised local rate or freephone telephone number;
(c) publication on the internet;
(d) inclusion in a database of prices that is publicly available;
(e) communication to all existing unitholders.
(4) The operator must make previous prices available to any unitholder or potential unitholder on request.
Derived from QFCRA RM/2010-05 (as from 1st January 2011)