Under the Collective Investment Law 2010, the DFSA may recognise certain countries and territories where it is satisfied that the law and practice under which such funds are regulated in these jurisdictions are broadly equivalent to the DFSA's collective investment regime. The DFSA will also designate certain types of funds in such jurisdictions.
The DFSA has also entered into a Mutual Recognition Agreement with the Securities Commission Malaysia with respect to the cross-border marketing and offering of Islamic funds.
A full list of recognised jurisdictions can be obtained under Legal Framework.