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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER33/02-19]
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Consultation Papers
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DFSA Codes of Practice
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Financial Markets Tribunal
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  Versions
(1 version)
 
Dec 9 2012 onwards

PIB 6.3.1

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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.

An Authorised FirmG must:

(a) ensure that it identifies and assesses the Operational RisksG inherent in all the Authorised Firm'sG products, activities, processes and systems;
(b) ensure the inherent risks in (a) are understood by relevant EmployeesG of the Authorised FirmG ;
(c) systematically track Operational RiskG events and any financial impact associated with such events; and
(d) ensure that the tracking in (c) is consistent with the Operational RiskG event types described in the Basel III framework.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]