Home / CY AIF Law of 2018 / PART VIII: REGISTERED ALTERNATIVE INVESTMENT FUNDS / Chapter 2: RAIF Operation / [139] Disclosure requirements.

139.Disclosure requirements.

(1) The cover of the offering document of the RAIF shall include in a prominent section that -

(a) the RAIF is not authorised by the Securities and Exchange Commission;

(b) the RAIF is addressed only to professional and/or well informed investors; and

(c) the registration of the RAIF in the RAIFs Register is not equivalent to authorisation by the Securities and Exchange Commission.

(2) The cover of the RAIF’s marketing communications, which are addressed to its investors, shall include in capital letters the following -

(a) the RAIF is not authorised by the Securities and Exchange Commission;

(b) the RAIF is addressed only to professional and/or well informed investors; and

(c) the registration of the RAIF in the RAIFs Register is not equivalent to authorisation by the Securities and Exchange Commission.

It is provided that, the information and statements included in the marketing communications of the RAIF shall not contradict or downgrade the significance of the information contained in the offering document of the RAIF.