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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 4-7-3

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.

In determining whether to exercise its Article 50 and 51 powers, the DFSA will have regard to all relevant matters. These include, but are not limited to, the following:

(a) when the DFSA has serious concerns about the manner in which the business of the Authorised PersonG has been or is being conducted;
(b) when the DFSA considers it necessary to protect regulated entities and customers in the DIFC;
(c) whether any alleged contraventions affect or have the potential to affect the DFSA's objectives;
(d) the nature, seriousness and impact of any alleged contravention and whether the alleged contravention is ongoing;
(e) when the Authorised PersonG no longer satisfies the relevant criteria set out in chapter 7 of the GEN module, chapters 2 and 7 of the AMI module and section 2-2 of this module in respect of the fitness and propriety to carry on a Financial ServiceG or hold a LicenceG ;
(f) when the activities of the Authorised PersonG have ceased; and
(g) when the Authorised Person'sG resources seem to the DFSA inadequate for the scale or type of activity which the firm is authorised to undertake.
Derived from Notice of Updates (Made 20th December 2012). December 2012 Edition
Amended (Made 21st August 2014). August 2014 Edition