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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]
PIB App4 Credit Risk
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices
Financial Markets Tribunal
Archive

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  Versions
(1 version)
 
Dec 9 2012 onwards

PIB A4.11.7

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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.

For Concentration RiskG purposes, and in relation to a PersonG , a Connected CounterpartyG means another PersonG to whom the first PersonG has an ExposureG and who fulfils one of the following conditions:

(a) he is ConnectedG to the first PersonG ;
(b) he is an AssociateG of the first PersonG ;
(c) the same PersonsG significantly influence the Governing BodyG of each of them; or
(d) one of those PersonsG has an ExposureG to the other that was not incurred for the clear commercial advantage of both of them and which is not on arm's length terms.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]