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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Recognised Jurisdictions and Funds
Declaration Notices
Financial Markets Tribunal
Rulebook Modules
Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER34/12-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases

Whole SectionText only Print Print Manager Link

(1 version)
Dec 9 2012 onwards

PIB 3.1.1 Guidance

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. PIB 3 Part 2 of this chapter imposes a number of basic requirements, including the core requirement that the amount of a firm's Capital ResourcesG must at all times exceed the amount of its Capital RequirementG .
2. In particular, note that:
a. PIB Part 3 (Calculating Capital RequirementsG ) applies to all firms, but with differentiated calculations for Capital RequirementsG for the various CategoriesG of Authorised FirmsG as prescribed in sections PIB 3.3, PIB 3.4 and PIB 3.5;
b. Within PIB 3 Part 3, an exemption from the calculation of Tier 2 (T2) Capital in relation to firms authorised to Manage a PSIAuG is prescribed in PIB Rule 3.15.9; and
c. PIB 3 Part 4 (Calculating Capital ResourcesG ) applies to all firms, but in a differentiated manner for different CategoriesG of firms as demonstrated in the table in PIB section 3.11.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]