When promoting private funds, related materials must:
A.
advise that the funds cannot be transferred to a third party
B.
receive prior approval of the content from the Authority
C.
refrain from using public advertisement media of certain types, including audio and video, with the exception of read media
D.
clarify the private fund's specific nature and include the required disclaimer laid down by the Authority
The Answer Is:
D
This question includes an explanation.
Explanation:
Promotional materials for private funds in the UAE must clearly clarify the fund’s specific nature and include the required disclaimer as prescribed by the Authority. This requirement ensures that potential investors receive accurate and compliant information about the private fund’s characteristics, risks, and restrictions. The disclaimer serves to limit investor expectations and legal liabilities. While certain media restrictions and content approvals may apply in some jurisdictions, the key regulatory focus is on transparency and proper disclosure within promotional materials to protect investor interests.
[Reference: CISI UAE Financial Rules and Regulations — Investment Funds Promotion and Disclosure Requirements, Section 6.3.9 (2023)., ]
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