the granting of "shelf approval" for the listing of redeemable securities;- the reduction of initial and annual listing fees charged to unit trusts, mutual funds and open-ended investment companies;-the reduction of the number of documents to be filed with the Exchange; and- the widening of the scope of the Exchange Listing Rule Chapter 20 (governing Funds authorised by the Securities and Futures Commission) and Chapter 21 (governing Funds not so authorised) to permit the listing of collective investment schemes other than mutual funds or unit trusts.
These changes take effect on June 15, 2000.
