Professional Investor Funds Rules 2022 (PROF)
QFCRA Rules 2022–1
Includes amendments made by
Miscellaneous Amendments Rules 2023 (QFCRA Rules 2023–3)
Investment Token Miscellaneous Amendments Rules 2024 (QFCRA Rules 2024–3)
Operational Resilience and Miscellaneous Amendments Rules 2024 (QFCRA Rules 2024-4)
GENE (Corporate Sustainability Reporting) and Minor and Technical Amendments Rules 2025
Chapter 1 - General
Part 1.1 - Introductory
Article 1.1.1 - Name of rules
These rules are the Professional Investor Funds Rules 2022 (or PROF).
Article 1.1.2 - Commencement
These rules commence on 1 April 2022.
Article 1.1.3 - Overview of these rules
(1) These rules set out the Regulatory Authority’s regulatory regime applicable to collective investment funds that are registered under these rules as professional investor funds.
(2) There are 2 types of professional investor fund — standard professional investor funds and exempt professional investor funds.
Guidance
Both types of fund are open only to professional investors.