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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

Whole SectionText only Print Print Manager Link

(2 versions)
Jan 1 2015 - Dec 31 2017Jan 1 2018 onwards

PIB 9.3.6

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) The DFSAG may by written notice to an Authorised FirmG in relation to the LCR Requirement applying to it:
(a) adjust the LCR Requirement or NSFR Requirement;
(b) adjust requirements under section PIB A9.2 of App9 for calculating the Authorised Firm'sG stock of HQLA or the Total Net Cash Outflows, or under section PIB A9.4 of App9 for calculating its ASFG or RSFG ;
(c) alter the calculation methodologies or parameters for the purposes of the LCR Requirement or NSFR Requirement;
(d) disapply the LCR Requirement or NSFR Requirement; or
(e) impose additional requirements based on the DFSA's assessment of the Liquidity RiskG exposure of that Authorised FirmG .
(2) If the DFSAG amends a requirement under (1)(a), (b), (c) or (e), the Authorised FirmG must comply with the requirement as amended. If the DFSAG disapplies a requirement under (1)(d), the Authorised FirmG need not comply with that requirement.
(3) The procedures in Schedule 3 to the Regulatory LawG apply to a decision of the DFSAG under (1)(a),(b),(c) or (e).
(4) If the DFSAG decides to exercise its power under (1)(a),(b),(c) or (e), the Authorised FirmG may refer the matter to the FMTG for review.
[Added] DFSA RM148/2014 (Made 1st January 2015). [VER23/01-15]
[Amended] DFSA RM209/2017 (Made 25th October 2017). [VER30/01-18]