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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER33/02-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

Whole SectionText only Print Print Manager Link

(1 version)
Jan 1 2015 onwards


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 respect of Rule 9.2.2(2)(b), senior management are expected to:

a. oversee the development, establishment and maintenance of procedures and practices that translate the goals, objectives and risk tolerances approved by the Governing BodyG into operating standards that are consistent with the Governing Body'sG intent and which are understood by the relevant members of an Authorised Firm'sG staff;
b. adhere to the lines of authority and responsibility that the Governing BodyG has established for managing Liquidity RiskG ;
c. oversee the establishment and maintenance of management information and other systems that identify, assess, control and monitor the Authorised Firm'sG Liquidity RiskG ; and
d. oversee the establishment of effective internal controls over the Liquidity RiskG management process.
[Added] DFSA RM148/2014 (Made 1st January 2015). [VER23/01-15]