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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 App5 Market Risk
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

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(1 version)
Dec 9 2012 onwards

PIB A5.8.14

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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 calculate the net UnderwritingG ExposureG to an IssuerG by applying the relevant reduction factors in the table below to its net UnderwritingG position calculated under PIB Rule A5.8.6.

Time Reduction factor to be applied to net underwriting position
Initial commitment to working day 0 100%
Working day 0 100%
Working day 1 90%
Working day 2 75%
Working day 3 75%
Working day 4 50%
Working day 5 25%
Working day 6 onwards 0%
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]