Implementation of Updated Mutual Fund and Private Fund De-Registration Forms (2025-11-14)

Summary

This is a General Industry Notice from CIMA reminding regulated funds and their operators that updated de-registration forms for mutual funds and private funds went live on the REEFS portal as of 8 November 2025. All de-registration (termination) applications must now be submitted through REEFS using two new forms, and the previous practice of emailing private fund de-registration applications to CIMA's Terminations mailbox is no longer accepted.

• TMF-147-22 v2 (Termination of a Mutual Fund or Private Fund): Replaces the prior TMF-147-22 form and now covers both mutual funds and private funds.
• TRS-142-99 v2 (Termination of a SP or Series Trust or Sub-Fund): Replaces the prior TRS-142-99 form and expands coverage to include private fund sub-funds and alternative investment vehicles (AIVs) that are not separately registered as private funds.

CIMA references completion guides (TMF-142-77 v2 and TRS-142-99 v2) for assistance, and points readers to an earlier 3 November 2025 notice for full details on the changes and transition arrangements, which applied through 20 November 2025.

This notice applies to mutual funds, private funds, segregated portfolio/series trusts and sub-funds, and alternative investment vehicles that are terminating or de-registering with CIMA, and to the administrators, operators or agents who submit such applications on their behalf.

Key obligations

• De-registration (termination) applications for mutual funds and private funds must now be submitted via the REEFS portal using the new forms rather than by email.
• Termination of a Mutual Fund or Private Fund must be filed using the new TMF-147-22 v2 form, which supersedes the prior TMF-147-22 form.
• Termination of a Segregated Portfolio/Series Trust, sub-fund, or non-separately-registered AIV must be filed using the new TRS-142-99 v2 form, which supersedes the prior TRS-142-99 form.
• Applicants must stop submitting private fund de-registration applications (including sub-funds and AIVs) via email to Terminations@cima.ky, as this channel is no longer accepted.
• Refer to the Authority's 3 November 2025 notice for full details on transition arrangements applicable through 20 November 2025.

Applies to

mutual funds, private funds, segregated portfolio/series trusts, sub-funds, alternative investment vehicles (AIVs)

Deadlines

• 8 November 2025: Updated de-registration forms within the REEFS portal took effect; all de-registration applications must now be submitted via REEFS using the new forms.
• through 20 November 2025: Transition arrangements relating to the updated forms, as detailed in the Authority's notice dated 3 November 2025, are applicable.