Investment Funds (Prescribed Jurisdictions) Rules, 2020

INVESTMENT FUNDS (PRESCRIBED JURISDICTIONS) RULES, 2020 Arrangement of Order Order

1. Citation .......................................................................................................2
2. Interpretation ..............................................................................................2
3. List of Jurisdictions....................................................................................2
4. Repeal of S.I. 7 of 2004..............................................................................2 FIRST SCHEDULE..............................................................................................3 SECOND SCHEDULE.........................................................................................4 THIRD SCHEDULE ............................................................................................5

The Securities Commission of The Bahamas, in exercise of the powers conferred by section 160 of the Investment Funds Act, 2019 (No. 2 of 2019), makes the following Rules –

1. Citation. These Rules may be cited as the Investment Funds (Prescribed Jurisdictions) Rules, 2020.
2. Interpretation. In these Rules – “Act” means the Investment Funds Act, 2019 (No. 2 of 2019); “the Regulations” means the Investment Funds Regulations, 2019.
3. List of Jurisdictions (1) Subject to any amendments made by the Commission, the countries and territories listed in the First, Second and Third Schedules are hereby the prescribed jurisdictions for the purposes of the Act and the Regulations. (2) For the purposes of - (a) section 26(l )(a)(ii) of the Act, the First Schedule shall apply; (b) section 35(2)(c) of the Act, the Second Schedule shall apply; and (c) sections 68(2A) and 91(2)(c) of the Act, and regulations 2, 39(b)(i) and 40(2)(a) of the Regulations, 2019, the Third Schedule shall apply.
4. Repeal of S.I. 7 of 2004. The Investment Funds (Prescribed Securities Exchanges and Jurisdictions) Notice, 2004, is hereby repealed. S.I. No. 45 of 2020 INVESTMENT FUNDS ACT, 2019 (NO. 2 OF 2019) INVESTMENT FUNDS (PRESCRIBED JURISDICTIONS) RULES, 2020 Page - 2

FIRST SCHEDULE (Rule 3) Abu Dhabi Jersey Argentina Latvia Australia Liechtenstein Austria Lithuania Belgium Luxembourg Bermuda Malta Brazil Mexico British Virgin Islands New Zealand Bulgaria Norway Canada Poland Cayman Islands Portugal Cyprus Romania Czech Republic Singapore Denmark Slovak Republic Dubai Spain Estonia Sweden Finland Switzerland France Taiwan Germany The Netherlands Gibraltar The United Kingdom Greece The United States Guernsey Uruguay Hong Kong Hungary Iceland Ireland Isle of Man Italy Page - 3

Page - 4 SECOND SCHEDULE (Rule 3) Abu Dhabi Liechtenstein Australia Luxembourg Austria Malta Belgium Mexico Bermuda New Zealand Brazil Norway British Virgin Islands Portugal Canada Singapore Cayman Islands Spain Cyprus Sweden Dubai Switzerland France The Netherlands Germany The United Kingdom Gibraltar The United States Greece Guernsey Hong Kong Hungary Iceland Ireland Isle of Man Italy Jersey Latvia

Signed ROBERT LOTMORE Chairman Securities Commission Made this 16th day of April, 2020 THIRD SCHEDULE (Rule 3) All countries and territories listed as signatories in Appendix A of the International Organization of Securities Commission’s Multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information, shall be the prescribed jurisdictions for the purpose of Rule 3(2)(c). Page - 5