Mutual Funds may appear to be a recent investment phenomenon to hit this country, but in reality the law that governs them has been with us since 1960.
In this article, we’ll dissect the Investment Company Act (ICA) of the Philippines since it is the enabling Law that govern the creation, regulation, licensing and monitoring of Mutual Funds in this country.
Plus, we’ll also highlight the important provisions of the ICA Rule-35, which state in details the Implementing Rules and Regulations of the Philippine Investment Company Act of 1960.
