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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Collective Investment Rules (CIR) [VER25/07-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

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(3 versions)

CIR 14.5.1 Guidance

Whole Section PDF

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. CIR Section 4.1 of this module contains the definitions of Excluded OffersG , such as Execution-only TransactionsG and TransactionsG with market CounterpartiesG .
2. A Fund ManagerG should note the requirements in Article 50(1) of the Law. Accordingly, a ProspectusG drawn up pursuant to CIR Rule 14.1.3 should be made available to prospective UnitholdersG for as long as the OfferG is open and once the OfferG is closed, the Fund Manager'sG obligation to make the ProspectusG available would cease.
3. Articles 16(4) and (5) of the Law set out the conditions that must be satisfied for Exempt FundsG and Qualified Investor FundsG . In particular, these articles require that UnitsG in an Exempt FundG or a Qualified Investor FundG may only be OfferedG for issue or sale by means of a Private PlacementG with Professional ClientsG .
Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]
[Amended] DFSA RM137/2014 (Made 21st August 2014). [VER17/06-14]
[Amended] DFSA RM218/2018 (Made 22nd February 2018). [VER23/12-18]