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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
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Whole SectionText only Print Print Manager Link

(2 versions)
Jul 11 2010 - Dec 17 2018Dec 18 2018 onwards

CIR 14.6.1

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) For the purposes of Article 58(1) of the Law, the following PersonsG are prescribed as being responsible for a ProspectusG :
(a) the Fund ManagerG ;
(b) where the FundG is a Body CorporateG which does not have a sole Corporate DirectorG acting as its Fund ManagerG , each PersonG who is a DirectorG of that Body CorporateG at the time when the ProspectusG is filed;
(c) where the FundG is an Investment UndertakingG , each PersonG who is authorised to be named, and is named, in the ProspectusG as a DirectorG , General PartnerG or member of the Governing BodyG or as having agreed to become such a PersonG of that FundG either immediately or at a future time;
(d) each PersonG who accepts, and is stated in the ProspectusG as accepting, responsibility for, or for any part of, the ProspectusG ;
(e) each PersonG who is deemed to accept responsibility for any part of a ProspectusG under these RulesG ; and
(f) each PersonG not falling within any of the foregoing paragraphs who has authorised the contents of, or of any part of, the ProspectusG .
(2) A PersonG who has accepted responsibility for, or authorised, only part of the contents of any ProspectusG , is responsible only for that part and only if it is included in, or substantially in, the form and context to which he has agreed.
(3) Nothing in (1) makes a PersonG responsible for any part of a ProspectusG by reason only of giving advice as to its contents in a professional capacity to a PersonG specified in (1)(a) to (f).
Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]
[Amended] DFSA RM218/2018 (Made 22nd February 2018). [VER23/12-18]