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The Financial Services Board in South Africa has implemented a system to regulate the manager, so from this month onwards the FSB will institute a third class of FSB license, where hedge fund managers will have to register with them. The relevant Board
The South African Insurance Association (SAIA) ran a special feature in a number of national newspapers earlier this week.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?