DIFC Funds: 2016 and Beyond

October 06, 2016

The Dubai International Financial Centre (DIFC) is a financial free-zone located in Dubai with its own established set of laws and regulations as well as a financial regulator and court system. Established in 2004, the DIFC is arguably the best-known financial hub for the Middle East, with an active financial services industry comprising local, regional and global managers. There are currently more than 1,500 active companies operating in the DIFC with a combined workforce of more than 21,000 people. This article is designed as an introduction to the DIFC funds regime, the licensing regime for fund managers and investment advisers, and considerations for structuring investments in the countries of the Gulf Cooperation Council (GCC – which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE)).

Many of these topics were discussed during a seminar hosted by the financial services group of Dechert’s DIFC office on 27 September 2016, which was attended by more than 80 managers, advisers and investors.

Read "DIFC Funds: 2016 and Beyond."