Compliance Plan and Program

PrimeSpace has a Compliance Plan which has been lodged with the Australian Securities and Investments Commission (ASIC). It sets out measures that PrimeSpace is to apply in the operation of funds to ensure compliance. A Compliance Committee has been appointed. The role of the Compliance Committee is to monitor compliance by PrimeSpace as the Responsible Entity with respective fund constitutions and the Compliance Plan.

The purpose of the Compliance Plan is to set out adequate measures to be applied by PrimeSpace to ensure compliance with the conditions of its AFSL, the Constitutions of the funds and the Corporations Act. The Compliance Plan is part only of the overall compliance program adopted by PrimeSpace.

The Compliance Program consists of Board policies consistent with good corporate governance, guidelines, procedures, structures and systems designed to ensure compliance by PrimeSpace with laws, industry standards and ASIC policies that are relevant to both the business operations of PrimeSpace generally and the operation of funds by PrimeSpace.

The objective is to integrate compliance into all organisational activities related to funds and achieve continual improvement in compliance matters.