Versions

 

FPR 9.5.4

Subject to FPR Rule 9.5.2, the DFSA may take any action that is necessary and appropriate to enable it to further its objectives, including, but not limited to:

(a) preventing the Fund Manager, its Agent or any other Licensed Person from further Promotion of the Passported Fund in the DIFC, including de-registering the relevant Passported Fund from its Register of Passported Funds; and
(b) imposing a penalty on the Fund Manager, its Agent or any other Licensed Person, of such amount as it considers appropriate under the applicable legislation of the DIFC, following consultation with the Home Regulator.
Derived from RMI233/2019 (Made 20th February 2019). [VER1/02-19]