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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Prudential — Insurance Business Module (PIN) [VER15/01-18]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
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Financial Markets Tribunal

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(1 version)
Jul 5 2007 onwards

PIN 8.3.4

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 InsurerG must calculate its Financial Group Capital RequirementG as the sum of the entity requirements calculated in accordance with (2) and (3);
(2) Entity requirements for this purpose are:
(a) an Authorised Firm'sG Capital RequirementG or Minimum Capital RequirementG calculated in accordance with the requirements of whichever of the PIB or PIN Module applies to that Authorised FirmG ;
(b) in the case of regulated entities supervised by a regulator other than the DFSAG , then, with the written agreement of the DFSAG , the capital requirement of that entity; and
(c) for other entities in the Financial GroupG , a notional capital requirement calculated as directed by the DFSAG .
(3) Where an Authorised Firm'sG Financial GroupG includes an entity under (c) of the definition of Financial GroupG in the GLO Module, that Financial Institution'sG capital requirement is included on a proportionate basis.
[Added] RM46/2007 (Made 5th July 2007). [VER6/07-07]