INMA S2.3 Confirmation notes — additional information for collective investment schemes

A confirmation note relating to a transaction in units in a collective investment scheme for a customer must also include the following information:

(a) if the INMA firm is not the operator and the transaction was executed with the customer by the firm as principal — that fact;
(b) the name of the scheme and the type and number of units involved;
(c) the amount of:
(i) the operator's initial charges (if any) in cash or percentage terms; and
(ii) any subsequent charges made by the firm to the customer in relation to the transaction and, unless the subsequent charges to the customer are made on the same terms as the operator's initial charges, the basis on which the amount of the subsequent charges was decided;
(d) whether the transaction was executed on a historic-price or forward-price basis.
Inserted by QFCRA RM/2019-4 (as from 1st January 2020).