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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
General Module (GEN) [VER46/01-20]
GEN 2 Financial Services
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases

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(1 version)
Feb 1 2017 onwards

GEN 2.28.1 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.

Activities that constitute 'Arranging Credit'

1. Generally, the following activities constitute Arranging CreditG :
a. Introducing potential borrowers to a credit provider (who can be in the DIFC or outside the DIFCG );
b. Assisting a potential borrower to obtain credit, such as completing application forms and other processes relevant to the transaction;
c. Negotiating terms of credit, including any fees payable to the arranger; and
d. Arranging collateral or other assurances needed by the potential borrower to obtain credit.
2. The Guidance under 'Arranging Deals in Investments' is generally relevant for 'Arranging Credit', although the activities relate to 'credit' in this context, instead of 'Investments'. Therefore, a reference to Investment in that Guidance should be read as 'credit' for the purposes of 'Arranging Credit'.
Derived from DFSA RM184/2016 (Made 7th December 2016). [VER38/02-17]