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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Recognised Jurisdictions and Funds
Declaration Notices
Financial Markets Tribunal
Rulebook Modules
Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER34/12-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases

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(1 version)
Dec 9 2012 onwards

PIB 3.2.5

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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.

(1) An Authorised FirmG must have systems and controls to enable it to determine and monitor:
(a) its Capital RequirementG ; and
(b) whether the amount of its Capital ResourcesG is, and is likely to remain, greater than the amount of its Capital RequirementG .
(2) Such systems and controls must include an analysis of:
(a) realistic scenarios which are relevant to the circumstances of the Authorised FirmG ; and
(b) the effects on the Capital RequirementG of the Authorised FirmG and on its Capital ResourcesG if those scenarios occurred.
(3) An Authorised FirmG must notify the DFSAG immediately and confirm in writing any breach, or expected breach, of any of the provisions of this chapter by the Authorised FirmG .
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]