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CIR 13.9.4

(1) A Fund Manager of an ETF may use an index or other benchmark for the purposes referred to in CIR Rule 13.9.3 only if it is provided by a Price Information Provider that meets the requirements in App 9.
(2) In (1), a Price Information Provider is a price reporting agency or an index or benchmark provider which constructs, compiles, assesses or reports, on a regular and systematic basis, prices of Investments, rates, indices, commodities or figures, which are made available to users, including a Fund Manager.
Derived from DFSA RM218/2018 (Made 22nd February 2018) [VER23/12-18]