Amendment Tracker

Gazette amendments to the Mutual Funds Act (2025 Revision) since the 2025 Revision.

Mutual Funds (Annual Returns) Regulations (2026 Revision),

LG8/S4

Pending

Gazette: 10 Feb 2026Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Fees) Regulations (2026 Revision),

LG8/S5

Pending

Gazette: 10 Feb 2026Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Annual Returns) Regulations (2026 Revision)

LG8/S4Supplement No. 4 published with Legislation Gazette No. 7 of 10th February, 2026

Pending

Gazette: 10 Feb 2026Commencement: Revised as at 31st December, 2025

sch.amendedConsolidated revision of the Mutual Funds (Annual Returns) Regulations incorporating all amendments to date, including the Mutual Funds (Annual Returns) (Amendment) Regulations, 2012 and 2015, and Act 56 of 2020

Mutual Funds (Fees) Regulations (2026 Revision)

LG8/S5Supplement No. 5 published with Legislation Gazette No. 8 of 10th February, 2026

Pending

Gazette: 10 Feb 2026Commencement: Revised as at 31st December, 2025

sch.amendedConsolidated revision of the Mutual Funds (Fees) Regulations incorporating all amendments to date, including multiple fee amendment regulations from 2001 through 2020

Mutual Funds (Annual Returns) (Amendment) Regulations, 2025

LG55, S1LG55/S1

Pending

Gazette: 19 Dec 2025Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Fees) (Amendment) Regulations, 2025

LG55, S2LG55/S2

Pending

Gazette: 19 Dec 2025Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Annual Returns) (Amendment) Regulations, 2025

SL 67 of 2025Supplement No. 1, Gazette No. 55 of 2025

Pending

Gazette: 19 Dec 2025Commencement: Made in Cabinet on 17 December 2025; no specific commencement date stated

s.3repealedRepeals regulation 3 concerning the fee for submission of annual returns.

Mutual Funds (Fees) (Amendment) Regulations, 2025

SL 68 of 2025Supplement No. 2, Gazette No. 55 of 2025

Pending

Gazette: 19 Dec 2025Commencement: Made in Cabinet on 17 December 2025; no specific commencement date stated

sch.amendedAmends the Table of Fees in the Schedule by increasing fees for items 1, 1A, and 1F from $3,675/$2,625 to $4,125/$3,075 respectively under column 4, and for item 4 from $3,675 and $300 to $4,125 and $750 respectively.

Mutual Funds (Amendment and Validation) Bill, 2024

LG41/S9

Pending

Gazette: 15 Nov 2024Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Amendment) Act, 2023 (Commencement) Order, 2024

LG26, S6LG26/S6

Pending

Gazette: 31 Jul 2024Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Amendment) Act, 2023

Act 21 of 2023LG26/S6

Pending

Gazette: 31 Jul 2024Commencement: The Mutual Funds (Amendment) Act, 2023 comes into force on 31st July, 2024.

Section-level detail not yet available for this entry.

Mutual Funds (Amendment) Act, 2023

LG41, S9LG41/S9

Pending

Gazette: 15 Dec 2023Commencement: Not specified

Section-level detail not yet available for this entry.

Retail Mutual Funds (Japan) Regulations (2023 Revision)

LG6/S3

Pending

Gazette: 26 Jan 2023Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Amendment) (No.2) Law, 2020 (Commencement) Order, 2020

LG80/S3

Pending

Gazette: 28 Oct 2020Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Amendment) (No.3) Law, 2020

LG49/S5

Pending

Gazette: 7 Jul 2020Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Amendment) (No. 2) Law, 2020

LG40/S4

Pending

Gazette: 25 May 2020Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Annual Returns) (Amendment) Regulations, 2020

LG19/S2

Pending

Gazette: 17 Mar 2020Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Fees) (Amendment) Regulations, 2020

LG12/S3

Pending

Gazette: 20 Feb 2020Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Amendment) Law, 2020

LG9/S2

Pending

Gazette: 7 Feb 2020Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds Law (2020 Revision)

LG5, S10LG05/S10

Pending

Gazette: 14 Jan 2020Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Amendment) Law, 2019

Law 13 of 2019LG28/S4

Pending

Gazette: 8 Aug 2019Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds Law (2019 Revision)

LG2, S8LG02/S8

Pending

Gazette: 19 Feb 2019Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Annual Returns) Regulations (2021 Revision)

LG14/S5

Pending

Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Fees) Regulations (2021 Revision)

LG14/S6

Pending

Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds Act (2021 Revision)

LG14/S7

Pending

Commencement: Not specified

Section-level detail not yet available for this entry.

Mutual Funds (Amendment) Law, 2020

Law 2 of 2020LG9/S2

Pending

Commencement: This Law shall come into force immediately after the commencement of the Private Funds Law, 2020.

s.2amendedAmends the definition of 'licensed mutual fund administrator' by substituting words.

s.2amendedAmends the definition of 'mutual fund administration' by inserting words.

s.2amendedAmends the definition of 'mutual fund administrator' by deleting and inserting paragraphs.

s.2amendedAmends the definition of 'partnership' by inserting words.

s.2amendedAmends the definition of 'public in the Islands' by deleting and inserting paragraphs.

s.2amendedAmends the definition of 'registered office' by deleting and substituting a paragraph and inserting paragraphs.

s.2amendedAmends the definition of 'regulated mutual fund' by substituting words.

s.4amendedAmends section 4(1) by substituting words.

s.4substitutedSubstituted paragraph (b) in subsection 4(1) regarding registration with the Authority.

s.4amendedAmends section 4(4)(a) by substituting the words '; or' with new requirements for mutual funds.

s.5amendedAmends section 5(1)(b) by deleting the words ', or (b)'.

s.8addedAdds new subsections (1A) and (1B) to section 8 regarding accounting standards and auditing standards.

s.8addedAdds new subsection (5) to section 8 defining 'International Financial Reporting Standards' and 'non-high risk jurisdiction'.

s.9amendedAmends section 9(1) by deleting the words 'licensed' and 'licence'.

s.30amendedAmends section 30(3)(a) by substituting words.

s.30amendedAmends section 30(3)(b) by substituting words.

s.30amendedAmends section 30(3)(d) by substituting words.

s.30amendedAmends section 30(16) by substituting words.

s.35repealedRepeals section 35(6) regarding obligation of auditors.

s.37repealedRepeals section 37 regarding indemnity.

s.38repealedRepeals section 38 regarding common law restriction on alienation.

Mutual Funds (Amendment) (No.2) Law, 2020

Law 17 of 2020LG40/S4

Pending

Commencement: This Law shall come into force on such date as may be appointed by Order made by the Cabinet.

s.2amendedAmends the definition of “equity interest” by deleting "or partnership interest” and substituting “, partnership interest or any other representation of an interest”.

s.2addedInserts new definitions for “recognized securities exchange” and “stock exchange”.

MUTUAL FUNDS (AMENDMENT) (NO. 3) LAW, 2020

Law 29 of 2020LG49/S5

Pending

Commencement: Not specified

s.2amendedIn the definition of “regulated mutual fund”, the words “section 4(1)(b)” are deleted and the words “section 4(1)” are substituted.

Mutual Funds (Amendment) Act, 2023

Act 21 of 2023LG41/S9

Pending

Commencement: This Act comes into force by Order made by the Cabinet.

s.31substitutedParagraph (ab) of section 31(1) is repealed and substituted with reference to the Beneficial Ownership Transparency Act, 2023.

Mutual Funds (Amendment) Act, 2023

Act 21 of 2023LG41/S9

Pending

Commencement: This Act comes into force by Order made by the Cabinet.

s.33substitutedThe chapeau of section 33(1) is amended by deleting reference to Companies Act, Limited Liability Companies Act, or Limited Liability Partnership Act and substituting reference to Beneficial Ownership Transparency Act, 2023.

s.33substitutedSubparagraphs (iv) and (v) of section 33(1) are repealed and substituted with reference to the Beneficial Ownership Transparency Act, 2023.