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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Recognised Jurisdictions and Funds
Declaration Notices
Financial Markets Tribunal
Rulebook Modules
Sourcebook Modules
Regulatory Policy and Process Sourcebook (RPP) February 2017 Edition
RPP 4 Supervisory and Enforcement Powers
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases

Whole SectionText only Print Print Manager Link

(2 versions)
Dec 23 2012 - Aug 20 2014Aug 21 2014 onwards

RPP 4-1-4

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 range of powers available to the DFSAG is primarily set out in the Regulatory Law. Some of the key powers (see Appendix 1) include the power to:

(a) request information and documents and access premises (Article 73);
(b) require an Authorised PersonG to provide a report from an independent expert (Article 74);
(c) impose prohibitions or restrictions on an Authorised Person'sG business (Article 75) or dealings with relevant property (Article 76);
(d) issue a direction to an Authorised Person or Affiliate for prudential purposes (Article 75A);
(e) impose conditions and restrictions on an Authorised Person'sG LicenceG or endorsement (Article 49);
(f) impose conditions and restrictions on an Authorised IndividualG or Key IndividualG (Article 56);
(g) withdraw an authorisation or endorsement on a LicenceG or withdraw the LicenceG (as a whole) of an Authorised PersonG (Articles 50 and 51);
(h) suspend an authorisation or endorsement on a LicenceG or suspend the LicenceG of an Authorised PersonG (Article 52);
(i) restrict, suspend or withdraw an Authorised IndividualG or Key Individual'sG status (Article 58(1);
(j) restrict a person from performing any functions in connection with provision of Financial ServicesG (Article 59), and
(k) impose conditions and restrictions on, or suspend, vary or withdraw the registration of, a Registered AuditorG or Audit PrincipalG (Articles 98 and 98A).
Derived from Notice of Updates (Made 20th December 2012). December 2012 Edition
Amended (Made 21st August 2014). August 2014 Edition