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Dubai Financial Services Authority (DFSA): Contents

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Jul 5 2012 - Apr 2 2016Apr 3 2016 onwards

MKT 4.3.3



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) A Connected PersonG must file the report required under Article 42(1) of the Law (the "report") with the DFSAG and the Reporting EntityG within 5 business days of the occurrence of any of the events prescribed in (2) and (3).
(2) In the case of a PersonG who is a Connected PersonG under Rule 4.3.2(1)(a), that PersonG must file the report:
(a) upon becoming or ceasing to be a DirectorG of a controller of the Reporting EntityG ;
(b) upon acquiring or ceasing to hold either alone or with an AssociateG of the PersonG any SecuritiesG or other Investments in or relating to the Reporting EntityG or a controller of the Reporting EntityG ; and
(c) upon any increase or decrease of the level of an interest referred to in (b).
(3) In the case of a PersonG who is a Connected PersonG under Rule 4.3.2(1)(b), that PersonG must file the report:
(a) upon acquiring or ceasing to hold voting SecuritiesG carrying more than 5% of the voting rights attaching to all voting SecuritiesG of either the Reporting EntityG or a controller of the Reporting EntityG ; and
(b) upon an increase or decrease of at least 1% of the level of interest previously reported pursuant to (a).
Derived from RM81/2011 (Made 30th November 2011). [VER1/11-11]
[Amended] DFSA RM171/2016 (Made 10th February 2016). [VER8/04-16]