CIR 15.1.5

The criteria prescribed for the purposes of Article 54(1)(a)(i) of the Law to enable an Authorised Firm to Offer a Unit of a Foreign Fund are as follows:

(a) the Fund is both established and operated in a Recognised Jurisdiction specified in the DFSA'sRecognised Jurisdictions Notice and the Fund is a Designated Fund included in that Notice;
(b) if it is a Property Fund, the requirements in CIR Rule 15.1.7 are satisfied;
(c) if it is an Exchange Traded Fund, the requirements in CIR Rule 13.9.1 are satisfied; and
(d) if it is a Venture Capital Fund, it is a Closed-ended Fund.
Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]
[Amended] DFSA RM218/2018 (Made 22nd February 2018). [VER23/12-18]
[Amended] DFSA RMI279/2020 (Made 28th October 2020). [VER29/11-20]