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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 1 July 2023 - onwards
  Version 3 of 3    

Regulation 82 Record keeping - general requirements

Revoked from 1 July 2023

(1) A fund service provider shall keep the records required under Regulation 82(2)(i) separate from records relating to transactions which are not related to the third party collection account.

(2) A fund service provider shall maintain the following in a readily assessable form, for a period of at least 6 years:

(a) a record of the verification referred to in Regulation 75(1);

(b) every Investor Money Facilities Agreement between the fund service provider and a third party;

(c) a record of the date upon which -

(i) the reconciliation referred to in Regulation 76(2) was prepared, and

(ii) the daily calculation, referred to in Regulation 77(6) was prepared;

(d) a record to evidence the review process referred to in Regulations 76(3) and 77(7);

(e) evidence of the review referred to in Regulation 78(2)(b);

(f) a record of each reconciliation required by Regulation 76(1) including -

(i) the information upon which the reconciliation is based,

(ii) the person or reconciliation computer

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