Publication
DFSA publishes its fund management self-custody thematic review
The Dubai Financial Services Authority (DFSA) has published a thematic review examining self-custody arrangements by fund managers (FMs) operating in the Dubai International Financial Centre (DIFC). The review follows a ‘burgeoning’ increase in the number of domestic funds and a growing trend of FMs opting to retain custody of fund property, raising concerns around operational resilience, governance, and investor protection.