Any Person employed as a manager of a Collective Investment Scheme shall be obligated to with the following matters: 1. Is licensed by the Authority to practice the Collective Investment Scheme manager activity. 2. Manage the Collective Investment Scheme in a manner that achieves the investment goals thereof in accordance with its Articles of Association. 3. Apply appropriate policies and measures to prevent or limit malpractices, which may affect the market’s stability and integrity. 4. Not to endanger the Collective Investment Scheme with any unnecessary investment risks in accordance with the objectives and investment policies of such Scheme. 5. Notify the Authority immediately upon the occurrence of material events that expose the interests of Unit holders to risk.