Request for Passporting for Collective Investment Funds

Notifying the DFSA of intention for a Private Fund or Public Fund to be a Passported fund in other UAE jurisdictions.

SERVICE FEES: USD 2,000 - 9,500
PAYMENT METHODS: Bank Transfer

Service Process

Enquire

Generate and get your
enquiry screened

Apply

Submit your
application

Evaluate

Undergo application
review

Fulfil

Complete invoicing
and acceptance

Approve

Receive service delivery
and approval

Service Pre-requisites

Review and comply with FPR 3.1 and 3.2 of the DFSA Rulebook
If the request is related to a Public Fund, you also need to comply with FPR App 1(b)/KIID of the DFSA Rulebook and have the Key Investor Information Document (KIID) for a Passported Fund in Arabic and English.
DFSA ePortal Login Credentials.

Required Documents

The following documents need to be submitted with the application form:

Fund PPM and Constitution

Service Fees

Fee details can be found in the Fees module (FER) of the DFSA Rulebook. Service fees are paid through bank transfer to the DFSA.

Enquire

Apply

Evaluate

Fulfil

Approve

Not applicable.

Duration
Not applicable.

Channel
DFSA Website

Document
Not applicable.

Complete the requirements above and submit the specific passporting form on the DFSA e-Portal. The DFSA will issue a fee invoice.

Duration
Not specified.

Channel
DFSA Website

Document
Fund PPM and constitution.

The DFSA conducts a detailed review of the fund documentation and background checks. For Public Funds, the DFSA also reviews the KIID (in Arabic and English).

Duration
Not specified.

Channel
Email/Phone/Website

Document
Additional documents as requested by the DFSA.

Not applicable.

Duration
Not applicable.

Channel
Email/Phone/Website

Document
Not applicable.

The DFSA grants approval upon meeting all conditions and requirements.

Duration
Not specified.

Channel
Email/Phone/Website

Document
None unless specified by the DFSA.

Paired Services

Request for New Authorisation
Financial Services

Request authorisation to carry Financial Services in or from the DIFC.

Request for New Authorisation
Representative Offices

Obtain authorisation to operate a Representative Office in the DIFC.

Request for New Authorisation
Credit Rating Agencies

Obtain authorisation to operate as a Credit Rating Agency in or from the DIFC.

Request for Information to DFSA
Supervision

Seek clarification or guidance on specific regulatory requirements of supervisory processes.

Request for Amendment of
Supervision Scope

Apply to change the scope of your licence

Request for Amendment to
Ownership and Control Structure

Notify, or seek approval from, the DFSA on changes in the ownership or control structure of your Authorised Firm.

Withdraw
Authorisation

Request to withdraw your licence as an Authorised Firm, ceasing to carry Financial Services in or from the DIFC.

Submit
Reports

Submit financial reports produced by your auditor.

Submit
Notifications

Submit Notifications

Collective Investment Funds