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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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(1 version)
Dec 9 2012 onwards

PIB 8.3.4

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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 in CategoryG 1, 2 or 5 must calculate its Financial Group Capital ResourcesG by applying either of the following methods, excluding those amounts referred to in PIB Rule 8.3.5:
(a) the accounting consolidation method, which calculates the Capital ResourcesG of the Financial GroupG based on the Financial Group'sG consolidated financial statements; or
(b) the aggregation method, which is the sum of:
(i) the Capital ResourcesG of the ParentG of the Financial GroupG ;
(ii) subject to (2), the Capital ResourcesG of any Authorised FirmsG and Financial InstitutionsG included in the Financial GroupG ; and
(iii) the Financial Group'sG proportionate share of Capital ResourcesG in Financial InstitutionsG not included in the Financial GroupG in which any member of the Financial GroupG has a participation.
(2) For the purposes of (1)(b)(ii), an investment by one Financial GroupG member in another must not be included.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]