COLL 8.9.2 Use of Certain Names—All QFC Schemes

(1) The operator of a QFC scheme must ensure that the name of the scheme, or of a class of units, does not state or imply that the scheme is an Islamic fund unless the scheme is an Islamic fund.

Note Islamic fund is defined in r 1.3.11.
(2) The operator of a QFC umbrella scheme must ensure that the name of a subscheme, or of a class of units of a subscheme, does not state or imply that the subscheme is an Islamic fund unless the subscheme is an Islamic fund.

Note Umbrella scheme and subscheme are defined in r 1.2.11.
(3) The operator of a QFC scheme must ensure that the name of the scheme, or of a class of units, does not state or imply that the scheme is a money-market fund unless the scheme is a money-market fund.

Note Money-market fund is defined in r 1.3.12.
(4) The operator of a QFC umbrella scheme must ensure that the name of a subscheme, or of a class of units of a subscheme, does not state or imply that the subscheme is a money-market fund unless the subscheme is a money-market fund.
Derived from QFCRA RM/2010-05 (as from 1st January 2011)