Home / CY AIF Law of 2018 / PART V SUPERVISION AND PENALTIES / Chapter 1: Supervision of AIFs / [115] Obligation to submit publications and information regarding the AIF.

115. Obligation to submit publications and information regarding the AIF.

(1) Without prejudice to the provisions that set specific deadlines regarding the submission of data, documents and reports to the Securities and Exchange Commission, all publications, submissions and any notifications done by the external manager or the AIF, in case it is internally managed, mandatory or voluntary, including any marketing communications, shall be submitted to the Securities and Exchange Commission, within two (2) working days from their publication.

(2) The external manager or the AIF, in case it is internally managed, shall issue, upon a request by the Securities and Exchange Commission, at their own expense, clarifying or amended publications; the Securities and Exchange Commission may require the immediate interruption or withdrawal of a publication or announcement, until the external manager or the AIF, in case it is internally managed, issues a clarifying or amended publication, as mentioned above.

(3) The Securities and Exchange Commission may require that the internally managed AIF and every person engaged in AIF activity, to disclose any data or information the Securities and Exchange Commission considers necessary or useful for the conduct of an audit.

(4) Without prejudice to a specific provision of this Law, any amendment to the information submitted to the Securities and Exchange Commission for the granting of AIF authorisation, as this information could be amended during the operation of the AIF, shall be duly disclosed to the Securities and Exchange Commission. The Securities and Exchange Commission, in the exercise of its supervisory duties as provided for in this Law and with the purpose of the protection of the interests of investors and the proper functioning and integrity of the market, may forbid the amendment or allow the amendment subject to specific conditions, or even impose the revocation of the amendment.