Document background
The Fund Confirmation Letter is a crucial document in the Belgian investment funds industry, used to formally acknowledge and confirm an investor's subscription to a fund. This document is required whenever an investor makes a new investment in a fund, whether it's an initial subscription or a subsequent investment. The letter serves multiple purposes: it provides official confirmation of the investment, meets regulatory requirements for transaction documentation, and serves as a reference point for both the investor and fund administrator. Under Belgian law, which incorporates various EU directives including UCITS and MiFID II, the Fund Confirmation Letter must contain specific regulatory disclosures and meet strict documentation requirements set by the Belgian Financial Services and Markets Authority (FSMA). The document is particularly important for audit trails, regulatory compliance, and investor protection purposes.
