Guidance

Past version: effective from 11/07/2010 - 20/08/2014
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1. Article 17 of the Law confers on the DFSA the power to prescribe any type of Domestic Fund (i.e. a Public Fund, Private Fund or an Exempt Fund) as a "specialist class" of a Domestic Fund and in so doing apply any requirements as are suitable for that specialist class of Funds. This Part sets out the requirements that apply to such a Fund by virtue of being a specialist class of Fund.
2. Most of the requirements that are set out in this part as applying to specialist classes of Domestic Funds are generally in addition to the core requirements that apply to every Domestic Fund (see CIR Part 4). Further, depending on whether it is a Public Fund, Private Fund or an Exempt Fund, the additional requirements in CIR Part 5 of this module would also apply to a specialist class of Fund.
Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]