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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
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Jul 5 2012 - Jul 13 2013Jul 14 2013 onwards

MKT 2.6.5

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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) A financial intermediary may make an Offer of Securities to the PublicG in reliance on an Approved ProspectusG which has been produced by the IssuerG in accordance with Rules 2.6.1 and 2.6.2 only in circumstances where:
(a) the ProspectusG is a current ProspectusG and meets all the relevant requirements relating to a ProspectusG as specified in Part 2 of the Law and the RulesG in this chapter;
(b) the financial intermediary has undertaken such due diligence and care as is reasonable for such a PersonG to undertake for the purposes of ensuring that the ProspectusG meets the requirements in (a); and
(c) the IssuerG has given its prior written consent for the use of the ProspectusG by the financial intermediary and that consent has been filed with the DFSAG and has not been withdrawn.
(2) Both the financial intermediary and the IssuerG of the Securities incur civil liability pursuant to Article 24 of the Law for a ProspectusG referred to in (1).
(3) For the purposes of this Rule, a "financial intermediary" is an Authorised FirmG or a PersonG licensed and supervised by a Financial Services Regulator.
Derived from RM81/2011 (Made 30th November 2011). [VER1/11-11]
[Amended] DFSA RM120/2013 (Made 14th July 2013). [VER4/07-13]