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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

Whole SectionText only Print Print Manager Link

(1 version)
Dec 9 2012 onwards

PIB 8.1.1 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. GroupG membership may be a source of both strength and weakness to an Authorised FirmG . The purpose of Group RiskG requirements is to ensure that an Authorised FirmG takes proper account of the risks related to the Authorised Firm'sG membership of a GroupG . The Group RiskG requirements form a key part of the DFSA'sG overall approach to prudential supervision.
2. PIB section 8.5 imposes important restrictions on the ability of Authorised FirmsG in CategoryG 3A, 3B, 3C or 4, and non-regulated Financial InstitutionsG , to be a ParentG of an Authorised FirmG in CategoryG 1 or 5, or of a firm carrying on similar activities outside of the DIFCG .
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]