CmaBylaw
Executive Bylaws
4-2 Documents of the Listing Application for Funds listing on the Exchange Of Module Twelve: Listing Rules
Section: Chapter Four: Listing of Local Funds Units
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Sunday, 12 February 2017
The Listing Application shall be submitted to the Authority on the form prepared for this purpose, accompanied by the following documents: 1. An authorization letter from the Fund Manager to the Listing Advisor for following up with the process of listing the Units of the Fund on the Exchange. 2. Basic and financial information of the Fund as follows: a. Copy of the Articles of Association of the Fund with all the amendments that made thereto and a copy of the commercial register and the prospectus. b. The approved original copy of the audited financial statements for the last financial year prior to the submission of the Listing Application, in addition to the latest audited quarterly financial statements if more than three months have passed since the last annual financial statements of the company. c. Copy of the Fund Unitholders’ register issued by a Clearing Agency. d. List of the service providers’ names. e. An undertaking or acknowledgment from the Fund management to comply with the applicable laws, regulations and resolutions of the Authority and the Exchange and provide all information and statements required by the Authority and the Exchange while ensuring that such information and statements are accurate and true. f. The form and type of Fund. g. The name of Fund. h. The name and address of the Fund Manager. i. The Investment Controller and Custodian. j. The term of the fund. k. The capital of Fund and its payment scheme. l. The currency of the Fund. m. The name and address of the external Auditor and the external Sharia Audit Office. n. The name of the Listing Advisor. 3. A legal statement from the company’s external legal advisor office stating out all the claims filed for or against the Fund that have a material effect on the financial position of the Fund, including amounts and particulars of such claims. 4. The list of the authorized signatories and sample of signatures. 5. Payment receipt of the Listing Application fees to the Authority. 6. Other documents required by the Authority.
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