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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER33/02-19]
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  Versions
(1 version)
 
Dec 9 2012 onwards

PIB 4.13.17



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.

(1) An Authorised FirmG may recognise as eligible the NettingG of an on-balance sheet ExposureG against an offsetting on-balance sheet item if the related NettingG agreement meets the condition in PIB Rule 4.13.19.
(2) Eligibility for NettingG is limited to reciprocal cash balances between the Authorised FirmG and its CounterpartyG . Only loans and deposits of the Authorised FirmG may be subject to a modification of their Credit RWAsG as a result of an on-balance sheet NettingG agreement.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]