Entire Section

  • FPR 6.6 FPR 6.6 Reporting changes to the DFSA

    • FPR 6.6.1

      This section applies if the DFSA is the Home Regulator of a Passported Fund.

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

    • FPR 6.6.2

      The Fund Manager of the Passported Fund must notify the DFSA as soon as practicable of any material events, in accordance with the applicable legislation. In particular, but without limitation, a Fund Manager or the governing body or trustee of a Passported Fund must notify the DFSA as soon as practicable, and in any case no later than 7 days after it becomes aware, of any of the following events:

      (a) the Fund Manager intends to retire as manager of the Passported Fund;
      (b) it is proposed that a successor manager will be appointed in relation to the Passported Fund;
      (c) the Fund Manager has been removed or replaced as manager of the Passported Fund;
      (d) any material service provider to the Passported Fund (including, without limitation, any custodian) or an Agent resigns, is appointed, is removed, or is replaced;
      (e) the prospectus or offering document relating to the Passported Fund has been amended or replaced;
      (f) winding-up of the Passported Fund has commenced; or
      (g) the Fund Manager intends to vary or revoke its authorisation with its Home Regulator, or any of its permissions contained in that authorisation.
      Derived from RMI233/2019 (Made 20th February 2019). [VER1/02-19]

    • FPR 6.6.3

      The notification referred to in FPR Rule 6.6.2 must be in such prescribed form as the DFSA may direct from time to time. At a minimum, the notification must be accompanied by reasonable detail of the event and, where the prospectus or offering document has been amended or replaced, by a copy of the new prospectus or offering document.

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

    • FPR 6.6.4

      Upon receiving such a notification as described in FPR Rule 6.6.2, the DFSA must without undue delay notify the relevant Host Regulator of such changes.

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

    • FPR 6.6.5

      To the extent that a Fund Manager is al required to make a notification to the DFSA under applicable legislation in relation to a matter set out in this section, the provisions of this section do not require a further notification to be made.

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