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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
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General Module (GEN) [VER44/07-19]
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  Versions
(1 version)
 
Jul 14 2013 onwards

GEN 2.22.1 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.

The main distinction between operating an MTFG and operating an OTFG is that the former is operated in accordance with the non-discretionary rules adopted and implemented by the operator, whereas the latter is operated in accordance with the discretionary rules of the operator. Accordingly, a PersonG operating an OTFG has more flexibility relating to how it applies its rules to participants on its facility, whereas a PersonG operating an MTFG is required to apply its rules in a non-discretionary manner across all participants on its facility.

[Added] DFSA RM119/2013 (Made 14th July 2013). [VER33/07-13]