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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 App4 Credit Risk
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 A4.11.8 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. When considering this RuleG the Authorised FirmG should consider the following factors:
a. the structure, independence and control of the transaction, including governance arrangements;
b. the inter relatedness of the underlying ExposuresG ;
c. beneficial owners of the underlying ExposuresG and whether they could be deemed ConnectedG or Closely RelatedG ; and
d. whether the transactions are conducted on an arm's length basis.
2. An Authorised FirmG should look through the structure to determine whether there are any CounterpartiesG or ExposuresG that should be considered a Concentration RiskG .
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]