iii. Regulated markets
1. The Retail Investor AIF shall ensure that the stock exchanges and markets included on the list contained in the prospectus meet the regulatory criteria (i.e. they must be regulated, operate regularly, be recognised and open to the public) on an on-going basis.
2. The Retail Investor AIF shall only amend its prospectus to include additional stock exchanges or markets where:
(a) those additional stock exchanges meet with the regulatory criteria (i.e. they must be regulated, operate regularly, be recognised and open to the public); and
(b) the depositary has confirmed in writing that adequate custody arrangements are in place.