Single Family Office Regulations18-06-2019
The Board of Directors of DIFCA, in the exercise of the powers conferred on them by Article 140 of the Companies Law, hereby make these Regulations.
SFO 1 Introduction
SFO 1.1 Application
These SFO Regulations apply to:
(a) every Person who falls within the definition of a Single Family Office;
(b) persons applying for the registration of a company or partnership to act as a Single Family Office or Private Trust Company; or
(c) the Registrar.
1.2 Defined terms are identified throughout these Regulations by the capitalisation of the initial letter of a word or phrase. Where capitalisation of the initial letter is not used, an expression has its natural meaning.
1.3 The following defined terms have the meaning given below: