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Professional Investor Funds Rules 2022 (PROF) Version No. 3 Effective: 1 September 2024 Includes amendments made byInvestment Token Miscellaneous Amendments Rules 2024 (QFCRA Rules 20243)Professional
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The scope of registration refers to the extent and limits of activities, entities, or goods that are covered under a specific registration process, often required by regulatory authorities.
Entities or individuals engaging in activities that fall under regulatory requirements, such as businesses, organizations, or professionals needing licenses, are required to file a scope of registration.
To fill out a scope of registration, one must complete the designated form accurately, providing necessary details like business activities, location, and relevant compliance information as required by the governing body.
The purpose of the scope of registration is to define and clarify the range of activities or entities that are regulated, ensuring compliance with legal standards and protecting public interests.
Information that must be reported typically includes entity details, nature of business activities, compliance documentation, and any relevant certifications or approvals necessary for regulatory compliance.
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