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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Collective Investment Rules (CIR) [VER25/07-19]
Part 4 Core Rules Relating to Establishment and Management of Domestic Funds
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

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  • CIR 8.6B Confirmation notes

    • CIR 8.6B.1

      (1) When the Fund ManagerG of a Public FundG Executes a TransactionG relating to a UnitG of the FundG , it must ensure that a confirmation note is sent to the UnitholderG as soon as possible and no later than two business days after the date of Execution of the TransactionG .
      (2) The confirmation note must set out:
      (a) the Fund Manager'sG name and address;
      (b) the Unitholder'sG name;
      (c) a description of the FundG ;
      (d) the date and time of receipt of the request for the TransactionG to be executed and the method of payment;
      (e) the nature of the TransactionG ;
      (f) the number of UnitsG subject to the TransactionG ;
      (g) the date, time and price at which it was executed;
      (h) the reference valuation date;
      (i) the gross value of the TransactionG , including charges for subscribing or net amount after charges for redemptions; and
      (j) the total sum of commissions and expenses charged, and a breakdown of those commissions and charges.
      [Added] RM158/2015 (Made 9th December 2015). [VER19/02-16]