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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
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General Module (GEN) [VER43/02-19]
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  Versions
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Apr 28 2011 - Dec 22 2012Dec 23 2012 onwards

GEN 7.5.5

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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) In the case of an Authorised FirmG which is a partnership established under either the DIFC General Partnership Law or Limited Liability Partnership Law, the Licensed PartnerG function must be carried out by:
(a) each individual Partner who must be registered as a Licensed PartnerG ; and
(b) in the case of a PartnerG which is a Body CorporateG , by an individual nominated by that Body CorporateG and registered as a Licensed PartnerG to act on its behalf.
(2) In the case of an Authorised FirmG which is a partnership established under the DIFC Limited Partnership Law, the Licensed PartnerG function must be carried out by:
(a) each individual General Partner who must be registered as a Licensed PartnerG ; and
(b) in the case of a General Partner which is a Body CorporateG , by an individual nominated by that Body CorporateG and registered as a Licensed PartnerG to act on its behalf.
Derived from Notice of Amendments to Legislation April 2011 [VER27/02-11]
[Amended] DFSA RM105/2012 (Made 23rd December 2012). [VER32/12-12]