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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Glossary Module (GLO) [VER44/07-19]
GLO 2 Glossary
[ S ] [Safekeeping Arrangement—Suspicious Transaction]
Special Purpose Vehicle
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices
Financial Markets Tribunal
Archive

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Special Purpose Vehicle



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) In FER 1.2.7(3) and MKT App 5, a legal entity the object and purpose of which is primarily to issue SecuritiesG ;
(2) In relation to Property Investment CrowdfundingG , a Body CorporateG or a trust that has been established for the purpose of holding title to a property for investors; and
(3) In any other case, a Body CorporateG whose sole purpose, either generally or when acting in a particular capacity, is to carry out one or more of the following functions:
(a) issuing InvestmentsG ;
(b) redeeming or terminating or repurchasing, whether with a view to re-issue or to cancellation, an issue, in whole or par, of InvestmentsG ; or
(c) entering into transactions or terminating transactions involving InvestmentsG in connection with the issue, redemption, termination or re-purchase of InvestmentsG ;
and has been explicitly established for the purpose of:
(d) securitising assets; or
(e) investing in Real Property
and, in the case of (d), has been assessed by a rating agency.
Derived from DFSA RM12/2004 (Made 16th September 2004). [VER1/09-04]
[Amended][VER9/08-06]
[Amended] DFSA RM173/2016 (Made 10th February 2016). [VER35/04-16]
[Amended] DFSA RM257/2019 (Made 26th June 2019). [VER44/07-19]