A prospective trustee should make known anything that could prevent him or her from being considered as a fit and proper person to be a trustee.
In order to understand the responsibilities being undertaken a prospective trustee should be provided with the following:
(i) information on the procedures governing trustee appointments and frequency of meetings;
(ii) details of the current trustees of the fund or scheme concerned;
(iii) the constitutive documents of the fund or scheme concerned;
(iv) relevant policy and procedural documents.
Last Update: April 8, 2020
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