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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Glossary Module (GLO) [VER43/02-19]
GLO 2 Glossary
[ A ] [Accepting Deposits—Authorised Person]
Approved Asset
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices
Financial Markets Tribunal
Archive

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Approved Asset



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) A certificate of deposit with a maximum term to maturity of six months issued by and held with an Eligible BankG ;
(2) a term deposit with an Eligible BankG with a remaining term to maturity of one year or less;
(3) a negotiable debt instrument, with a remaining term to maturity of five years or less, where the instrument, or issuer thereof, is RatedG at least AA- by Standard & Poor's, or the equivalent by another Rating AgencyG ;
(4) a repurchase agreement which is fully collateralised with negotiable debt instruments meeting the rating criterion in (3), and where the credit rating of the counterparty also meets the criteria; or
(5) a bond fund meeting the rating criterion in (3) and where the designated bank account for redeemed investment is the an Insurance Bank AccountG held by the Authorised FirmG in accordance with the requirement of COB section 14.3.

Derived from DFSA RM12/2004 (Made 16th September 2004). [VER1/09-04]