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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Authorised Market Institutions (AMI) [VER18/02-17]
Part 3 Licensing Requirements
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

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(2 versions)
Jul 14 2013 - Aug 20 2014Aug 21 2014 onwards

AMI 5.6.7

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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 Authorised Market InstitutionG must seek the DFSA'sG approval of any proposed amendment to the Business RulesG before the rules are to come into effect.
(2) The DFSAG will approve the proposed amendment to the Business RulesG unless it has reasonable grounds to believe that the proposed amendment is reasonably likely to be detrimental to the interests of the DIFCG markets.
(3) Where the DFSAG has any concerns about the proposed amendment, it may:
(a) either reject the proposed amendment or request the Authorised Market InstitutionG to withdraw the proposed amendments; or
(b) require the Authorised Market InstitutionG to make appropriate changes to the proposed amendment, with or without public consultation.
(4) The DFSAG must give to the Authorised Market InstitutionG reasons for its decisions under (3)(a) or (b) as applicable.
(5) An Authorised Market InstitutionG must, as soon as practicable after receiving the DFSAG approval, notify the MembersG and the public of the amendment to its Business RulesG and the date on which the amendment becomes effective.
(6) If the DFSAG decides to exercise its power under (3)(a) or (b), the Authorised Market InstitutionG may refer the matter to the FMTG for review.
Derived from RM118/2013 [VER15/07-13]
[Amended] DFSA RM133/2014 (Made 21st August 2014). [VER16/06-14]