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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 A5.6.2

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 use the Simplified ApproachG set out in PIB Rule A5.6.3 to calculate its Option Risk Capital RequirementG only if:
(a) it does not write options; or
(b) where it writes options, all written options are hedged by perfectly matched long positions in exactly the same options.
(2) An Authorised FirmG which writes options must, unless (1) applies, use the advanced approach known as the DeltaG -plus method set out in PIB Rule A5.6.5 to calculate its Option Risk Capital RequirementG .
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]