GEN 2.24.1

In GEN Rule 2.2.2, Providing Fund Administration means providing one or more of the following services in relation to a Fund:

(a) processing dealing instructions including subscriptions, redemptions, stock transfers and arranging settlements;
(b) valuing of assets and performing net asset value calculations;
(c) maintaining the share register and Unitholder registration details;
(d) performing anti money laundering requirements;
(e) undertaking transaction monitoring and reconciliation functions;
(f) performing administrative activities in relation to banking, cash management, treasury and foreign exchange;
(g) producing financial statements, other than as the Fund's registered auditor; or
(h) communicating with participants, the Fund, the Fund Manager, and investment managers, the prime brokers, the Regulators and any other parties in relation to the administration of the Fund.

[Amended] DFSA RM72/2010 (Made 11th July 2010) [VER26/07-10]