GEN A2.1.1

(1) An Investment is, subject to (3), either:
(a) a Security; or
(b) a Derivative,
(2) Such a Security or Derivative includes:
(a) a right or interest in the relevant Security or Derivative;
(b) the Security or Derivative in the form of a cryptographically secured digital representation of rights and obligations that is issued, transferred and stored using DLT or other similar technology;
(c) a cryptographically secured digital representation of rights and obligations that is issued, transferred and stored using DLT or other similar technology and:
(i) confers rights and obligations that are substantially similar in nature to those conferred by a Security or Derivative; or
(ii) has a substantially similar purpose or effect to a Security or Derivative; and
(d) any instrument declared as a Security or Derivative pursuant to GEN Rule A2.4.1(1).
(3) In these Rules, an Investment Token means an instrument specified in (2)(b) or (c).
(4) Where a Rule provides that a Security or Derivative has a different classification for a specified purpose, it shall have that effect for that specified purpose and no other purpose.
[Added] DFSA RM62/2008 (Made 4th January 2009). [VER22/01-09]
[Amended] DFSA RMI309/2021 (Made 30th June 2021). [VER53/10-21]