Regulatory Alerts2016-02-14
DFSA Notice of Amendments to Legislation
The DFSA Board enacted amendments to the DFSA Rulebook following Consultation Paper No. 102, integrating stakeholder feedback into the updated regulatory framework. The cornerstone of these changes is the Collective Investment Rules (CIR) Instrument No. 165 of 2016, which completely repeals and replaces the existing CIR Module with a revised version. These rulemaking instruments officially took effect on 11 February 2016, establishing the updated compliance requirements for collective investment schemes under DFSA jurisdiction.
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14 Feb 2016, 12:02 pm
Notice of Amendments to Legislation
Following the ending of the consultation period on a number of proposed legislative changes, that were set out in Consultation Paper No. 102 , the DFSA Board, after due consideration of consultees’ comments, made amendments to the DFSA Rulebook as described below. Please bear in mind that changes may have been made to the legislation originally proposed in the relevant consultation papers.
TAKE NOTICE THAT:
The DFSA Board made the following Rulemaking Instruments that came into force on 11 February 2016.
COLLECTIVE INVESTMENT RULES (CIR) INSTRUMENT (No. 165) 2016 , which repeals and replaces the Collective Investment Rules (CIR) Module of the DFSA Rulebook with an updated version (see appendix 1 for the detailed amendments);
Issued 10 February 2016
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