Home   Browse contents   View updates   Search  
     Quick search
Go
   

Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Conduct of Business Module (COB) [VER33/07-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices
Financial Markets Tribunal
Archive

Whole SectionText only Print Print Manager Link


  Versions
(2 versions)
 
Apr 1 2015 - Jan 31 2017Feb 1 2017 onwards

COB 2.3.6

View whole sectionWhole 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) For the purposes of Rule 2.3.3(1)(a)(ii), a PersonG is a 'service-based' Professional ClientG if:
(a) the Financial ServiceG provided to that PersonG is "Advising on Financial ProductsG ", "Arranging Deals in InvestmentsG ", or "Arranging Credit and Advising on CreditG "; and
(b) the service in (a) is provided for the purposes of 'corporate structuring and financing'.
(2) In (1), 'corporate structuring and financing':
(a) includes:
(i) providing advice relating to an acquisition, disposal, structuring, restructuring, financing or refinancing of a corporation or other legal entity; or
(ii) arranging credit for a purpose referred to in (i); and
(b) excludes any Advising on Financial ProductsG , Arranging Deals in InvestmentsG or Arranging Credit and Advising on CreditG , provided to an individual for the purposes of, or in connection with, the management of that individual's investments.
Derived from DFSA RM149/2015 (Made 11th February 2015) [VER24/04-15]
[Amended] DSFA RM185/2016 (Made 7th December 2016). [VER28/02-17]