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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
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Conduct of Business Module (COB) [VER33/07-19]
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COB 7.3.1



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) When communicating any information in relation to Insurance BusinessG , Insurance IntermediationG or Insurance ManagementG to a PersonG , an Authorised FirmG must take reasonable steps to ensure that the communication is clear, fair and not misleading.
(2) An InsurerG , Insurance IntermediaryG or Insurance ManagerG must not, in any form of communication with a PersonG , including an agreement, attempt to limit or avoid any duty or liability it may have to that PersonG under legislation administered by the DFSAG .
(3) An InsurerG or Insurance IntermediaryG must, when providing or directing marketing material to a ClientG , comply with the requirements in COB section 3.2, if the marketing material relates to a Direct Long-Term Insurance ContractG .
Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]
[Amended] DFSA RM154/2015 (Made 9th December 2015) [VER25/02-16]
[Amended] DFSA RM182/2016 (Made 19th June 2016) [VER27/08-16]