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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Conduct of Business Module (COB) [VER33/07-19]
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)
Aug 1 2016 onwards

COB 7.1.3

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.

(1) In this chapter, unless otherwise stated, a reference to a ClientG of an Insurance ManagerG is a reference to:
(a) an insurer to whom the Insurance ManagerG provides its Insurance ManagementG services; and
(b) a PolicyholderG with whom the Insurance ManagerG interacts when carrying out its Insurance ManagementG activities.
(2) In COB section 7.12, when an Insurance ManagerG provides Insurance ManagementG services to a Captive InsurerG , a reference to a ClientG in (1)(a) is a reference to:
(a) the Captive InsurerG ;
(b) any shareholder of the Captive InsurerG ; and
(c) any PersonG on whose behalf the Insurance ManagerG undertakes to establish that PersonG as an insurer.
(3) In (2):
(a) a Captive InsurerG includes a CellG of a Protected Cell CompanyG which is an InsurerG ; and
(b) a shareholder includes a holder of Cell SharesG .
Derived from DFSA RM182/2016 (Made 19th June 2016) [VER27/08-16]