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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER33/02-19]
PIB 3 Capital
Sourcebook Modules
Consultation Papers
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DFSA Codes of Practice
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Financial Markets Tribunal
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  Versions
(1 version)
 
Jan 1 2018 onwards

PIB 3.9A.8



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) If the DFSA considers that the CCyB RateG in a jurisdiction outside the StateG is not sufficient to protect Authorised FirmsG from the risks of excessive credit growth in that jurisdiction, it may, for credit exposures in that jurisdiction:
(a) specify a CCyB RateG even though no rate is imposed by the CCyB AuthorityG for that jurisdiction; or
(b) specify a CCyB RateG that is higher than the rate imposed by the CCyB AuthorityG for that jurisdiction.
(2) If the DFSAG specifies a rate under this RuleG , then that rate applies for Non- Financial Private Sector Credit ExposuresG in the jurisdiction.
(3) The DFSAG may vary or cancel a specified rate under this RuleG .
(4) The DFSA must notify affected Authorised FirmsG if it specifies a rate, or if it varies or cancels a rate, under this RuleG .
Derived from DFSA RM209/2017 (Made 25th October 2017). [VER30/01-18]