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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Markets Rules (MKT) [VER14/02/19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

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(2 versions)
Jul 5 2012 - Jul 13 2013Jul 14 2013 onwards

MKT 2.5.2

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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) The PersonG producing the ProspectusG must, subject to (2), ensure that the SummaryG is at or near the beginning of the ProspectusG and sets out in a clear, concise and easy to understand manner:
(a) statements that:
(i) the SummaryG should be read as an introduction to the ProspectusG and any decision to invest in the SecuritiesG should be based on consideration of the ProspectusG as a whole; and
(ii) civil liability may arise on the basis of the SummaryG but only if the SummaryG is misleading, inaccurate or inconsistent, when read in conjunction with the other parts of the ProspectusG , or fails to provide the Key InformationG specified in (b); and
(b) the Key InformationG relating to:
(i) the risks associated with and essential characteristics of the IssuerG , and guarantor if any, of the SecuritiesG , including their assets, liabilities and financial position;
(ii) the risks associated with and essential characteristics of the relevant Securities including rights attaching to those SecuritiesG ;
(iii) general terms of the offer, including estimated expenses charged to the investor;
(iv) whether the SecuritiesG are to be admitted to trading and if so, the details relating to such admission;
(v) reasons for the offer and the proposed use of the proceeds; and
(vi) if applicable, matters specified in Rule 2.5.5.
(2) A ProspectusG is not required to contain a SummaryG if it relates to a DebentureG or a WarrantG or CertificateG over a DebentureG that has a denomination of at least US$100,000 and the ProspectusG is for the purposes of such SecuritiesG being admitted to trading on an Authorised Market InstitutionG .
Derived from RM81/2011 (Made 30th November 2011). [VER1/11-11]
[Amended] DFSA RM120/2013 (Made 14th July 2013). [VER4/07-13]