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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

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(2 versions)
Dec 9 2012 - Dec 31 2017Jan 1 2018 onwards

PIB 3.9C.8

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.

Where an Authorised FirmG fails to meet a Capital Buffer Requirement, it must prepare a capital conservation plan and submit it to the DFSAG no later than 5 business days after it identified its failure to meet Capital Buffer Requirement. The capital conservation plan must include the following:

(a) estimates of income and expenditure and a forecast balance sheet;
(b) measures to increase the Capital Resources of the Authorised FirmG ;
(c) a plan and timeframe for the increase of own funds with the objective of restoring the Capital Buffer; and
(d) any other information the DFSAG might need in order effectively to carry out its considerations referred to in PIB Rule 3.9C.9.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
[Amended] DFSA RM209/2017 (Made 25th October 2017). [VER30/01-18]