Entire Section

  • FPR 6.5.2 FPR 6.5.2

    To the extent that, under the legislation of its Home Jurisdiction, a custodian is required to be appointed for a Private Fund, the Fund Manager of a Passported Fund that is a Private Fund must ensure that the custodian:

    (a) meets all requirements as to eligibility and regulatory status as are imposed under the relevant legislation in its Home Jurisdiction; and
    (b) is not the Fund Manager.
    Derived from RMI233/2019 (Made 20th February 2019). [VER1/02-19]

    • FPR 6.5.2 Guidance

      Passported Private Funds domiciled in the DIFC have to comply with the applicable CIR requirements regarding custodians.

      Derived from RMI233/2019 (Made 20th February 2019). [VER1/02-19]