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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

Whole SectionText only Print Print Manager Link

(2 versions)
Dec 9 2012 - Jul 31 2016Aug 1 2016 onwards

PIB 3.7.2

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 must calculate its Expenditure Based Capital MinimumG as:

(a) subject to (b), in the case of an Authorised FirmG which holds Client AssetsG or Insurance MoniesG , 18/52;
(b) in the case of an Insurance IntermediaryG which holds Insurance MoniesG but not Client AssetsG , 9/52;
(c) in the case of an Authorised FirmG in CategoryG 2, 3A, 3B or 3C which does not hold Client AssetsG or Insurance MoniesG , 13/52; or
(d) in the case of an Authorised FirmG in CategoryG 4, which does not hold Insurance MoniesG , 6/52;

of the Annual Audited ExpenditureG , calculated in accordance with PIB Rule 3.7.3.

Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
[Amended] DFSA RM183/2016 (Made 19 June 2016). [PIB/VER25/08-16]