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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]
PIB 4 Credit Risk
PIB 4 Part 3 — CRDOM
PIB 4.14 Securitisation
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)
Dec 9 2012 onwards

PIB 4.14.7

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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.

Where an Authorised FirmG is either an OriginatorG or a SponsorG of a Traditional SecuritisationG or a Synthetic SecuritisationG :

(a) the Authorised FirmG intending to conduct the securitisation must notify the DFSAG at least 30 days in advance of the proposed execution of the securitisation;
(b) the Authorised FirmG conducting the securitisation must calculate its Credit RWAsG for all resultant ExposuresG from that securitisation, in accordance with PIB section 4.8, provided the requirements of this section are met; and
(c) the Authorised FirmG conducting the securitisation must produce documentation reflecting the execution and economic substance of the transaction.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]