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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER33/02-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

Whole SectionText only Print Print Manager Link

(2 versions)
Dec 9 2012 - Dec 31 2014Jan 1 2015 onwards

PIB 3.2.4

Whole Section PDF

The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

To view past versions of this module in PDF format, please visit the Archive.

An Authorised FirmG that is a BranchG must:

(a) ensure that it has and maintains, at all times, liquid assets and access to financial resources which are adequate in relation to the nature, size and complexity of its business to ensure that there is no significant risk that liabilities cannot be met as they fall due;
(b) ensure that it complies with its home state Financial Services Regulator'sG prudential requirements;
(c) submit to the DFSAG a copy of every capital adequacy summary report and leverage ratio report submitted to its home state Financial Services RegulatorG within ten business days of the due date for submission to that regulator; and
(d) in the event of any anticipated or actual breach of any prudential requirements set by its home state Financial Services RegulatorG , notify the DFSAG forthwith with any relevant documents.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
[Amended] DFSA RM148/2014 (Made 1st January 2015). [VER23/01-15]