Comparative Guides

Welcome to Mondaq Comparative Guides - your comparative global Q&A guide.

Our Comparative Guides provide an overview of some of the key points of law and practice and allow you to compare regulatory environments and laws across multiple jurisdictions.

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4. Results: Answers
Alternative Investment Funds
5.
Marketing
5.1
Is the marketing of alternative investment funds subject to authorisation in your jurisdiction?
Bangladesh

Answer ... Alternative investment funds (AIFs) established in Bangladesh may be marketed to all local and foreign investors. Generally, fund managers network with potential foreign and local investors, as well high-net-worth individuals. They subsequently assess the proposals, financial statements and projections, and collect and analyse various related market information to determine whether the business is scalable or worth investing in.

For more information about this answer please contact: Muhammad Zeeshan Mohsen from Fillip Partners
5.2
If so, what criteria must be satisfied to obtain authorisation? Do any restrictions apply in this regard?
Bangladesh

Answer ... The Alternative Investment Rules include no specific rules on the marketing of AIFs.

For more information about this answer please contact: Muhammad Zeeshan Mohsen from Fillip Partners
5.3
What is the process for obtaining authorisation and how long does this usually take?
Bangladesh

Answer ... The Alternative Investment Rules include no specific rules on the marketing of AIFs.

For more information about this answer please contact: Muhammad Zeeshan Mohsen from Fillip Partners
5.4
To whom can alternative investment funds be marketed?
Bangladesh

Answer ... AIFs may be marketed to all potential local and foreign investors.

For more information about this answer please contact: Muhammad Zeeshan Mohsen from Fillip Partners
5.5
What are the content criteria that marketing materials for alternative investment funds must satisfy?
Bangladesh

Answer ... There are no specific regulations on the marketing materials of AIFs.

For more information about this answer please contact: Muhammad Zeeshan Mohsen from Fillip Partners
5.6
What other requirements or restrictions apply to marketing materials for alternative investment funds?
Bangladesh

Answer ... There are no specific regulations on the marketing materials of AIFs.

For more information about this answer please contact: Muhammad Zeeshan Mohsen from Fillip Partners
5.7
Can alternative fund managers from other jurisdictions market alternative investment funds in your jurisdiction without authorisation?
Bangladesh

Answer ... There are no specific regulations on the marketing of AIFs. However, there is no specific bar preventing international fund managers from marketing AIFs in Bangladesh. If any investor intends to subscribe, it may apply to the Bangladesh Bank for approval.

For more information about this answer please contact: Muhammad Zeeshan Mohsen from Fillip Partners
5.8
Is the appointment of local marketing entities required in your jurisdiction?
Bangladesh

Answer ... There are no specific regulations regarding the marketing of AIFs.

For more information about this answer please contact: Muhammad Zeeshan Mohsen from Fillip Partners
5.9
Is it possible to market alternative investment funds to retail investors in your jurisdiction? If so, are there specific requirements?
Bangladesh

Answer ... There is no specific bar, but the Alternative Investment Rules do not allow for fund raising through public issues or initial offerings; this is limited to private placements only. AIFs also may not be listed or traded on stock exchanges in the same way as other mutual funds.

For more information about this answer please contact: Muhammad Zeeshan Mohsen from Fillip Partners
Contributors
Topic
Alternative Investment Funds