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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Conduct of Business Module (COB) [VER33/07-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

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(1 version)
Aug 16 2012 onwards

COB 8.5.1

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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.

A Credit Rating AgencyG must have adequate, clear and well documented policies, procedures and controls to:

(a) promote high standards of care, independence and objectivity in decision making by its EmployeesG ;
(b) ensure that its Credit RatingsG are not influenced by any considerations other than those which are relevant in accordance with its published methodologies and models as applicable to the particular Rating SubjectG ; and
(c) identify, and eliminate or manage, as appropriate, including through disclosure, any conflicts of interest that may influence its Credit RatingsG , including those conflicts of interest which may influence its EmployeesG who are involved in producing or reviewing Credit RatingsG .
[Added] DFSA RM97/2012 (Made 24th July 2012) [VER20/07-12]