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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER33/02-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

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(3 versions)

PIB 3.6.2

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.

The table below sets out the Base Capital RequirementG for each CategoryG of an Authorised FirmG .

CategoryG Base Capital RequirementG
CategoryG 1 US $10 million
CategoryG 2 US $2 million
CategoryG 3A

US $500,000

CategoryG 3B US $4 million
CategoryG 3C

US $500,000

Except if the only Financial ServiceG referred to in PIB Rule 1.3.5(a) that the Authorised FirmG is authorised to carry on is Managing a Collective Investment FundG in which case its Base Capital RequirementG is:
(a) US $140,000 if it manages any Public FundG ; or
(b) US $70,000 otherwise
CategoryG 4

US $ 10,000

Except if the Authorised FirmG is authorised to Operate a Crowdfunding PlatformG and it holds Client AssetsG , in which case its Base Capital RequirementG is US $140,000.
CategoryG 5 US $10 million
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
[Amended] DFSA RM188/2016 (Made 7th December 2016). [VER26/02-17]
[Amended] DSFA RM203/2017 (Made 14th June 2017). [VER28/08-17]