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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Recognised Jurisdictions and Funds
Declaration Notices
Financial Markets Tribunal
Rulebook Modules
Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER34/12-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases

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PIB 9.2.4 Guidance

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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.

1. As part of the assessment for the purposes of PIB Rule 9.2.4(2), an Authorised FirmG should:
a. identify significant concentrations within its asset portfolio; and
b. value the assets conservatively, taking into account the likely deterioration in the value of assets under market-wide stress conditions.
2. For the purposes of PIB Rule 9.2.4(4), an Authorised FirmG should consider factors including:
a. the term structure of its liabilities;
b. the credit-sensitivity of its liabilities;
c. the mix of secured and unsecured funding;
d. concentrations among its liability providers or related GroupsG of liability providers;
e. reliance on particular instruments or products;
f. the geographical location of liability providers; and
g. reliance on intra-GroupG funding.
3. As appropriate, an Authorised FirmG would be expected to consider the amount of funding required by:
a. commitments given;
b. standby facilities given;
c. wholesale overdraft facilities given;
d. proprietary derivatives positions; and
e. liquidity facilities given for securitisation transactions.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
[Amended] DFSA RM148/2014 (Made 1st January 2015). [VER23/01-15]
[Amended] DFSA RM209/2017 (Made 25th October 2017). [VER30/01-18]