Pillar 04

Custody, Audit & Legal Counsel

Independent custody of fund assets, independent audit of financial statements, and ongoing legal review of regulatory compliance.

Custody & Safekeeping

Independent custody of fund assets and securities, separated from investment management.

Independent Audit

Annual financial statements audited under Egyptian financial reporting standards.

Legal Counsel

Ongoing review of regulatory compliance, contractual frameworks, and governance documentation.

The separation of custody, audit, and legal review from investment management is foundational to certificate-holder protection. Each function operates independently and reports through its own governance line.

§Principle
Independence of custody, audit, and legal counsel is the structural basis of certificate-holder protection.