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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
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Rulebook Modules
Conduct of Business Module (COB) [VER33/07-19]
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  Versions
(1 version)
 
Jul 1 2008 onwards

COB A5.8.2



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.

Subject to COB Rule A5.8.3, a Segregated Client'sG Client MoneyG must remain in a Client AccountG until it is:

(a) due and payable to the Authorised FirmG ;
(b) paid to the ClientG on whose behalf the Client MoneyG is held;
(c) paid in accordance with a ClientG instruction on whose behalf the Client MoneyG is held;
(d) required to meet the payment obligations of the ClientG on whose behalf the Client MoneyG is held; or
(e) paid out in circumstances that are otherwise authorised by the DFSA.
Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]