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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Collective Investment Rules (CIR) [VER25/07-19]
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(1 version)
Jul 11 2010 onwards

CIR 13.6.2

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The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

To view past versions of this module in PDF format, please visit the Archive.

(1) The Fund ManagerG of a Hedge FundG must ensure functional separation and independence between:
(a) the functions of FundG valuation and asset pricing; and
(b) the investment management process.
(2) Where the FundG manager is unable to demonstrate adequate separation and independence in accordance with (1), the DFSAG may require the Fund ManagerG to appoint an independent, suitably competent and experienced Fund AdministratorG to perform the functions specified in (1)(a).
Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]