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Dubai Financial Services Authority (DFSA): Contents

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Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER33/02-19]
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Location: Dubai Financial Services Authority (DFSA) > Rulebook Modules > Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER33/02-19] > PIB 9 Liquidity Risk > PIB 9.3 Liquidity Requirements > Global Liquidity Concession > PIB 9.3.2
Global Liquidity Concession PIB 9.3.2 Guidance [Deleted]
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(2 versions)
  
Dec 9 2012 - Dec 31 2014Jan 1 2015 onwards

PIB 9.3.2

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(1) An Authorised FirmG which carries on business in or from the DIFCG through a BranchG may apply to the DFSAG for a global liquidity concession.
(2) An application for a global liquidity concession must be made in accordance with the requirements in section PIB A9.1 of App9.
(3) If the DFSAG grants a global liquidity concession to an Authorised FirmG , that Authorised FirmG need not comply with all or any of the requirements of this section as specified by the DFSAG in the concession.
(4) The DFSAG may specify the period for which a global liquidity concession is valid.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
[Amended] DFSA RM148/2014 (Made 1st January 2015). [VER23/01-15]
Global Liquidity Concession PIB 9.3.2 Guidance [Deleted]

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