A2 Fund
Dear Sirs,
Re: Decision Notice – A2 Fund (Reg. #637873) (“the Fund”)
We write to you in your capacity as directors of the Fund. We refer to the Warning Notice posted on our Website dated 27 May 2016.
The Fund remains in breach of Sections 8(1), 8(2) and 9 of the Mutual Funds Law (2015 Revision) (“the Law”) for failing to prepare and submit audited accounts for the years ended 31 December 2012 to 2014, and for failing to pay its annual fees and penalties for the years 2013 to 2016.
TAKE NOTICE:
The Cayman Islands Monetary Authority (“the Authority”) of 80e Shedden Road, Elizabethan Square, PO Box 10052, Grand Cayman KY1-1001, Cayman Islands, has taken the following action:
ACTION:
The Authority has cancelled the Fund’s mutual fund registration pursuant to Section 30(16) of the Law.
REASONS:
The Authority is satisfied that the Fund has ceased to carry on, or attempt to carry on, business as a mutual fund. Despite repeated requests, the Fund has been unable to become compliant with the Law and satisfy the Authority’s termination requirements.
EFFECTIVE DATE OF DECISION:
The Authority’s decision regarding the above action is effective 28 June 2016
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