Home   Browse contents   View updates   Search  
     Quick search
Go
   

Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Recognised Jurisdictions and Funds
Declaration Notices
Financial Markets Tribunal
Archive
Rulebook Modules
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices

Whole SectionText only Print Print Manager Link


  Versions
(1 version)
 
Jul 14 2013 onwards

AMI 8.1.2 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. For the purposes of these Rules, the relevant definition of a Holding CompanyG is found in the DIFC Companies LawG . That definition provides when one body corporateG is considered to be a holding companyG or a subsidiary of another body corporateG and extends that concept to the ultimate holding company of the body corporateG .
2. Pursuant to Rule 8.1.2(1)(c), a Person becomes a Controller if that Person can exert significant management influence over an Authorised Market InstitutionG . The ability to exert significant management influence can arise even where a Person, alone or with Associates, controls less than 10% of the shares or voting rights of the Authorised Market InstitutionG or a Holding CompanyG of that institution. Similarly, a PersonG may be able to exert significant management influence where such Person does not hold shares or voting rights but has exercisable rights to acquire shares or voting rights, such as under OptionsG .
Derived from RM118/2013 [VER15/07-13]