PIB 3.7 Guidance
As the Expenditure Based Capital Minimum requirements in PIB Rules 3.5.2 and 3.5.3(1) do not apply to an Authorised Firm that only Manages Venture Capital Funds, this section also does not apply to such a firm.
Derived from DFSA RMI281/2020 (Made 28th October 2020). [VER37/11-20]