COLL 4.1.6 Register of Unitholders—All QFC Schemes

(1) Subject to subrule (3), the operator of a QFC scheme must ensure that a register of unitholders is kept as part of the operator's records under rule 4.1.7.
(2) The operator must exercise all due diligence and take reasonable care to ensure that—
(a) the register is accurate, complete and up to date; and
(b) for a qualified investor scheme—only a person who is a qualified investor for the scheme is recorded in the register.

Note 1 Qualified investor scheme, and qualified investor for a QFC scheme, are defined in r 1.3.2 and r 1.2.12 (2) respectively.

Note 2 Rule 8.3.1 specifies the information that must be included in the register.
(3) For a QFC scheme that is listed in the Qatar Stock Exchange or in any other regulated exchange, the records (held in the QCSD's, or in the relevant exchange's, registry or system) of transfers or titles to units in the scheme is taken to be the unitholder register. A record in the QCSD's, or relevant exchange's, registry or system is conclusive evidence of title.
Amended by QFCRA RM/2016-1 (as from 19th September 2016)