Next month sees the anticipated introduction of important amendments (the 2013 Amendments) to the recently adopted Investment Funds Regulation of the United Arab Emirates (the Regulation), which came into force on 27 August 2012 as Board Resolution No. 37/2012 of the UAE Securities and Commodities Authority (the SCA) [See our earlier Client Alert No. 1380 published upon implementation of the Regulation.] While the Regulation marked the most significant reform yet to the regulatory regime governing investment funds in the UAE, the 2013 Amendments introduce important changes in relation to the marketing of interests in investment funds established outside the UAE (each, a Foreign Fund) to investors in the UAE. The 2013 Amendments will take effect following their publication in the Official Gazette-which is expected imminently-and are introduced pursuant to SCA Board Resolution No. 13/2013.