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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
Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER34/12-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases

Whole SectionText only Print Print Manager Link

(1 version)
Jan 1 2015 onwards

PIB 9.2A.6 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. The CFP should provide a framework with a high degree of flexibility so that an Authorised FirmG can respond quickly in a variety of situations.
2. The CFP's design, plans and procedures should be closely integrated with the Authorised Firm'sG ongoing analysis of Liquidity RiskG and with the results of the scenarios and assumptions used in stress tests.
3. The CFP should assist the Authorised FirmG to manage a range of scenarios of severe liquidity stress that include both firm-specific and more generalised market-wide stress, as well as the potential interaction between them.
4. The CFP should, for each of the tested scenarios, demonstrate that the Authorised FirmG has sufficient liquid financial resources to meet its liabilities over a range of different time periods, including intraday.
[Added] DFSA RM148/2014 (Made 1st January 2015). [VER23/01-15]