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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Recognised Jurisdictions and Funds
Declaration Notices
Financial Markets Tribunal
Archive
Rulebook Modules
Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER34/12-19]
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DFSA Codes of Practice
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Notices

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  Versions
(1 version)
 
Dec 9 2012 onwards

PIB 4.13.9 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 Rule 4.13.9(2)(e) does not include any guarantee with a cancellation clause where it is provided that any obligation incurred or transaction entered into prior to any cancellation, unilateral or otherwise, continues to be guaranteed by the guarantor.
2. The guarantee payments may be in the form of the guarantor making a lump sum payment of all monies to the Authorised FirmG or the guarantor assuming the future payment obligations of the CounterpartyG covered by the guarantee, as specified in the relevant documentation governing the guarantee.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]