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DIFC managed fund rules
- United Arab Emirates: Wednesday, April 19 - 2006 at 14:16
Legislation to regulate the managed funds industry within the DIFC has been enacted. The Collective Investment Law 2006 was sponsored by the Dubai Financial Services Authority which has also issued detailed Collective Investment Rules to regulate funds and the operation of collective investment funds in the DIFC including property funds, Islamic funds, hedge funds, fund of funds, and private equity funds.
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Jonathan Sheikh-Miller, Deputy EditorWednesday, April 19 - 2006 at 14:16 UAE local time (GMT+4)
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