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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]
PIB 4 Credit Risk
PIB 4 Part 3 — CRDOM
PIB 4.14 Securitisation
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases

Whole SectionText only Print Print Manager Link

(1 version)
Dec 9 2012 onwards

PIB 4.14.61

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 divide the Excess SpreadG level by the transaction's Excess SpreadG trapping point to determine the appropriate segments and apply corresponding conversion factors as set out in the following table:

Controlled Early AmortisationG features
  Uncommitted Committed
Retail Credit Lines 3 Month average Excess SpreadG CCF 90%
133.33% of trapping point or more 0%
<133.33% to 100% of trapping point 1%
<100% to 75% of trapping point 2%
<75% to 50% trapping point 10%
<50% to 25% of trapping point 20%
<25% 40%
Non-retail credit lines 90% 90%
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]