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This service enables the legal representative of a local investment fund to submit an application to the CMA when looking to register the fund under the Passporting regime between the Dubai Financial Services Authority and/or the Financial Services Regulatory Authority, as per the Passporting agreement
Submit the application to CMA via email investment fund email address: CIS@SCA.AE.
Pay the fee
CMA will notify the relevant regulatory authorities to have the fund listed in their register of passported foreign investment funds.
The CMA will notify the applicant of the completion of passporting or of the comments it may receive from the supervisory authorities
The concerned fund must be registered with or licensed by the CMA.
The application should be submitted by the legal representative of the concerned local investment fund.
The controls set forth in the Passporting agreement must be complied with.
The fund's offering document must comply with the Mutual Recognition Agreement. If not, the applicant must request an amendment, pay fees, and obtain authority approval before applying for local investment fund registration.
Application (Processing) Time15 Mins
Service Completion Duration30 Days
370-001-047-054
Fee Type : FederalFees will be divided between the concerned passporting authorities. the fees shall not be paid to the CMA when submitting the notice, but according to the regular settlement procedures between the three supervisory authorities
35000Payment Method: Bank Transfer
Working Hours
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