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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]
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
Financial Markets Tribunal

Whole SectionText only Print Print Manager Link

(1 version)
Dec 9 2012 onwards

PIB 4.14.65

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 OriginatorG dealing in SecuritiesG which would attract a Credit Quality GradeG of 4 or better and issued by an SPE must deduct any holdings in such SecuritiesG from its CET1 Capital unless the holding is subject to:

(a) an ongoing limit of 3% of the SecuritiesG issued; and
(b) a limit of 10% of the SecuritiesG issued for a period of five business days:
(i) immediately following close of the transaction; or
(ii) in the case of Revolving SecuritisationsG only, at the beginning of the scheduled amortisation period.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]