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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Conduct of Business Module (COB) [VER33/07-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

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(1 version)
Jul 14 2013 onwards

COB 9.5.1

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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) An ATS OperatorG must:

(a) have sufficient technology resources to operate, maintain and supervise the facility it operates;
(b) be able to satisfy the DFSAG that its technology resources are established and maintained in such a way as to ensure that they are secure and maintain the confidentiality of the data they contain; and
(c) ensure that its members and other participants on its facility have sufficient technology resources which are compatible with its own.

(2) For the purposes of meeting the requirement in (1)(c), an ATS OperatorG must have adequate procedures and arrangements for the evaluation, selection and on-going monitoring of information technology systems. Such procedures and arrangements must, at a minimum, provide for:

(a) problem management and system change;
(b) adequate procedures for testing information technology systems before live operations, which are in conformity with the requirements that would apply to an Authorised Market InstitutionG under App 1 of AMIG ;
(c) monitoring and reporting on system performance, availability and integrity; and
(d) adequate measures to ensure:
(i) the information technology systems are resilient and not prone to failure;
(ii) business continuity in the event that an information technology system fails;
(iii) protection of the information technology systems from damage, tampering, misuse or unauthorised access; and
(iv) the integrity of data forming part of, or being processed through, information technology systems.
[Added] DFSA RM123/2013 (Made 13th June 2013) [VER22/07-13]