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ADGM LEGAL FRAMEWORK

  • ABU DHABI GLOBAL MARKET
    • FEDERAL LAW NO (8) OF 2004
    • FEDERAL DECREE NO (15) OF 2013
    • CABINET RESOLUTION NO (4) OF 2013
    • CABINET RESOLUTION NO. 28 OF 2007
    • ABU DHABI LAW NO. (4) OF 2013
    • ABU DHABI LAW NO. (12) OF 2020
    • ADGM LEGAL FRAMEWORK
      • COMMERCIAL LEGISLATION
      • FSRA LEGISLATION
        • Regulations
        • Rules
          • Anti-Money Laundering and Sanctions Rules and Guidance (AML) [VER06.310321]
          • Captive Insurance Business Rules (CIB) [VER04.030220]
          • Conduct of Business Rulebook (COBS) [VER11.080222]
          • Fees Rules (FEES) [VER13.270422]
          • Fund Passporting Rules (FP) [VER01.110319]
          • Fund Rules (FUNDS) [VER06.250521]
            • FUNDS PART 1: INTRODUCTION
            • FUNDS PART 2: DEFINITIONAL PROVISIONS
            • FUNDS PART 3: AUTHORISATION
            • FUNDS PART 4: MARKETING OF DOMESTIC AND FOREIGN FUNDS
            • FUNDS PART 5: CORE RULES RELATING TO ESTABLISHMENT AND MANAGEMENT OF DOMESTIC FUNDS
              • FUNDS 11. CONSTITUTION
              • FUNDS 12. MANAGEMENT AND OPERATION OF A FUND
                • FUNDS 12.1 General management duties
                • FUNDS 12.2 Fund Manager and Trustee general duties and functions
                • FUNDS 12.3 Duties in relation to Fund Property
                • FUNDS 12.4 Valuation of Fund Property
                • FUNDS 12.5 Determination of single price
                • FUNDS 12.6 Suspension of dealings in Units
                • FUNDS 12.7 Unitholder register
                • FUNDS 12.8 Meetings of Unitholders
                • FUNDS 12.9 Approvals and notifications
                • FUNDS 12.10 Maintenance of records
                • FUNDS 12.11 Capital
                • FUNDS 12.12 Delegation and outsourcing
                  • Guidance
                  • Fund Manager
                  • Trustee
                  • Trustee's power to outsource
                  • Delegation and outsourcing process and requirements
                    • FUNDS 12.12.5
                      • Guidance
                    • FUNDS 12.12.6
                  • Systems and controls
                  • Review
                • FUNDS 12.13 Fees, charges and other levies
                • FUNDS 12.14 Compliance with AML Rules
              • FUNDS 13. REQUIREMENTS SPECIFIC TO PUBLIC FUNDS AND REAL ESTATE INVESTMENT TRUSTS
              • FUNDS 14. REQUIREMENTS SPECIFIC TO EXEMPT FUNDS
              • FUNDS 15. REQUIREMENTS SPECIFIC TO QUALIFIED INVESTOR FUNDS
              • FUNDS 16. ACCOUNTING, AUDIT AND PERIODIC REPORTING OF A FUND
              • FUNDS 17. FUND ADMINISTRATORS
            • FUNDS PART 6: TRANSFER SCHEMES
            • FUNDS PART 7: WINDING UP
            • FUNDS APP 1 DELEGATION AND OUTSOURCING
            • FUNDS APP 2 MEETING PROCEDURES
            • FUNDS APP 3 APPROVALS AND NOTIFICATIONS
            • FUNDS APP 4 GUIDANCE ON ASSET VALUATION AND PRICING
            • FUNDS APP 5 CONSTITUTION OF A DOMESTIC FUND
            • FUNDS APP 6 GUIDANCE ON FITNESS AND PROPRIETY FOR OVERSIGHT FUNCTIONS
            • FUNDS APP 7 PUBLIC FUND PROSPECTUS DISCLOSURE
            • FUNDS APP 8 RECOGNISED JURISDICTION LIST
          • General Rulebook (GEN) [VER05.030220]
          • Glossary (GLO) [VER13.270422]
          • Islamic Finance Rules (IFR) [VER04.030220]
          • Market Infrastructure Rulebook (MIR) [VER05.240220]
          • Market Rules (MKT) [VER04.080222]
          • Prudential — Insurance Business (PIN) [VER04.270422]
          • Prudential — Investment, Insurance Intermediation and Banking Rules (PRU) [VER11.270422]
          • Rules of Market Conduct [VER02.210218]
          • Past Versions
        • Waivers and Modifications
      • ADGM COURTS LEGISLATION
      • ARBITRATION LEGISLATION
    • ADGM COURTS PROCEDURES
    • GUIDANCE & POLICY STATEMENTS
    • PUBLIC CONSULTATION PAPERS
    • NOTICES OF PUBLICATION
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Breadcrumb

  1. ABU DHABI GLOBAL MARKET
  2. ADGM LEGAL FRAMEWORK
  3. FSRA LEGISLATION
  4. Rules
  5. Fund Rules (FUNDS) [VER06.250521]
  6. FUNDS PART 5: CORE RULES RELATING TO ESTABLISHMENT AND MANAGEMENT OF DOMESTIC FUNDS
  7. FUNDS 12. MANAGEMENT AND OPERATION OF A FUND
  8. FUNDS 12.12 Delegation and outsourcing
  9. Delegation and outsourcing process and requirements
  10. FUNDS 12.12.5
  11. Guidance
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  Versions

 
  • Oct 21 2015 - Oct 20 2015
  • Oct 21 2015 - Oct 20 2015
  • Oct 21 2015
‹ FUNDS 12.12.5 FUNDS 12.12.6 ›

Guidance

The Regulator may impose a condition under Rule 12.12.5(3) when, for example, it considers that a Fund Manager is unable to conduct the activity under its own Financial Services Permission.

‹ FUNDS 12.12.5 FUNDS 12.12.6 ›
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