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Published by gasbast on 26 November 2024

SFC2021 - Exclusive Roles

For MS Roles, exclusivity is only imposed on the “Send” roles between different Roles for all Funds. 

a. An Audit Authority can only be an Audit Authority:

  • MSAAS and MSAFS
  • MSAFS and MSAAS
  • MSAAS and MSAS
  • MSAS and MSAAS
  • MSAAS and MSMAS
  • MSMAS and MSAAS

b. A Body entrusted with the accounting function cannot be a Member State Authority:

  • MSAFS and MSAS
  • MSAS and MSAFS