7.1.2. Conditions for admission of Units to trading

An Authorised Investment Exchange may not admit Units to trading unless:

1. (a) the Units have been admitted to the Official List maintained by the Authorised Investment Exchange in accordance with section 66 of the Framework Regulations; and
2. (b) in relation to Units of Listed Funds other than Overseas Listed Funds:
3. (i) the Fund is a Non-Exempt Fund registered under the AIFC Collective Investment Scheme Rules;
4. (ii) there are Offering Materials in relation to the relevant Units and the Authorised Investment Exchange has satisfied itself that such Offering Materials satisfies the requirements in AIFC Collective Investment Scheme Rules.

Guidance:

Listing Exempt Funds Exempt Funds may be admitted to the Official List, but not to trading, as they can only be offered on a private placement basis to certain investors.