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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

Whole SectionText only Print Print Manager Link

(1 version)
Aug 16 2012 onwards

COB 8.8.2

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 Credit Rating AgencyG must include in its announcements relating to Credit RatingsG and its annual report the general nature of its arrangements relating to fees and charges with, or relating to, the Rating SubjectG including:
(a) whether the Credit Rating AgencyG or any member of its GroupG receives any fees, charges or other monetary benefits which are unrelated to the provision by the Credit Rating AgencyG of its Credit RatingsG , and if so, the proportion of such benefits relating to the aggregate fees and charges in respect of the provision of Credit RatingsG ; and
(b) if the Credit Rating AgencyG receives 10% or more of its aggregate annual revenue from a single Rating SubjectG or its Related PartyG , information about that source.
(2) Where a Credit Rating AgencyG is a member of a GroupG , the 10% aggregate annual income referred to in (1)(b) may be calculated by aggregating the net revenue of all Credit Rating AgenciesG within the GroupG .
[Added] DFSA RM97/2012 (Made 24th July 2012) [VER20/07-12]