Institutional UTS Advisers (IUTA)

“Institutional UTS Adviser” or “IUTA” means a corporation registered with FIMM and authorised to market and distribute unit trust schemes of another party.

Registration of IUTA

Eligibility for registration of IUTA

Pursuant to FIMM’s Consolidated Rules,the eligibility requirements for registration as IUTA is a corporation which is:-

(1) A holder of a Capital Market Services License (“CMSL”) to carry out the regulated activity of dealing in securities or dealing in securities restricted to unit trust schemes ; or

(2) A financial institution specified as “registered persons” in Third Column under item (1)(g) part 1 of Schedule 4 of the Capital Market Services Act (“CMSA”).

Submission for Registration as IUTA

For submission of documentation for the application of registration as IUTA, please click here

IUTA Fee Structure

For standalone IUTA:

Application Fee: RM1,250
Annual Fee: RM10,000

For IUTA + Member (single application, multiple registrations):

Application Fee: RM5,000 (for Member) + RM1,250 (for IUTA)
Annual Fee: RM10,000 (for Member) RM0 (for IUTA; i.e. annual fee is waived)

For IUTA who is an existing Member:

Application Fee: RM1,250
Annual Fee: RM0 (annual fee as an IUTA is waived)

Registration of IUTA

Eligibility for registration of IUTA

Submission for Registration as IUTA

IUTA Fee Structure

List of IUTA