OK

Active members

In contrast to other SROs, only independent asset managers (and no other types of financial intermediaries) may join SAAM as active members. Correspondingly, the Code of Ethics and Professional Conduct of the SRO forming the core of SAAM's self-regulation are entirely targeted oriented upon independent management. Membership of the SAAM entails a variety of obligations. Active members must comply with all relevant regulations, supply annual reports and also fulfil disclosure obligations to the SAAM.