Mutual Funds Registrations - New REEFS Form Now Live (2020-10-19)

Summary

This is a short CIMA industry notice announcing a procedural change to how Limited Investor Funds are registered. CIMA introduced a new online form (APP-101-78) within its REEFS Portal for submitting Limited Investor Fund registration applications. From 1 November 2020, this form becomes the only accepted method for submitting such applications, replacing the prior practice of accepting applications by email.

• Who is affected: Persons and entities involved in registering Limited Investor Funds with CIMA, such as fund operators, administrators, or their legal/compliance representatives handling the registration process.
• Payment methods: Local cheques or escrow payments remain the accepted payment methods for the associated application fees.
• Further guidance: Readers are pointed to a User Guide or FAQs for further guidance on using the new form.

This is purely a procedural/administrative notice about the mechanics of submission rather than a substantive change to regulatory requirements for funds themselves.

Key obligations

• From 1 November 2020, applications to register a Limited Investor Fund must be submitted using Form APP-101-78 via the REEFS Portal, as email submissions will no longer be accepted after that date.
• Application fees for Limited Investor Fund registrations must be paid using local cheques or escrow payments.

Applies to

Limited Investor Funds, mutual funds, fund applicants/registrants

Deadlines

• 1 November 2020: Applications to register Limited Investor Funds will only be accepted/processed using the new Form (APP-101-78) via the REEFS Portal; email submissions accepted only until this date.