The offering of the (financial service/product) has not been approved or licensed by the UAE Central bank, the UAE Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA) or any other relevant licensing authorities in the UAE, and accordingly does not constitute a public offer in the UAE in accordance with the commercial companies law, Federal Law No.2 of 2015 (as amended), SCA Resolution No. 3 R.M 2017 Regulating Promotions and Introductions or otherwise. Accordingly, the (financial service/product) is not offered to the public in the UAE (including the Dubai International Financial Centre (DIFC)).
This memorandum is strictly private and confidential and is being issued to a limited number of institutions and individual clients:
- A client capable of self-asset management, being:
- Federal or local government authorities or their entities;
- International entities or organisations;
- Entities licensed to carry on investment activities in the UAE;
- Natural persons meeting certain wealth thresholds (although this category is excluded from the exception); or
- A client represented by an SCA licensed investment manager.