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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Markets Rules (MKT) [VER15/07-19]
Sourcebook Modules
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DFSA Codes of Practice
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Financial Markets Tribunal
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  • MKT 2.13.3

    (1) The DFSA may, during the Offer Period or such other longer period as specified, impose a requirement that the monies held by a Person making a Prospectus Offer or his agent pursuant to the Prospectus Offer or issuance are held in an escrow account for a specified period and on specified terms.
    (2) The DFSA may also require the appointment of a paying agent during the offer period.
    (3) The procedures in Schedule 3 to the Regulatory Law apply to a decision of the DFSA under this Rule.
    (4) If the DFSA decides to exercise its power under this Rule, the Offeror may refer the matter to the FMT for review.
    Derived from RM81/2011 (Made 30th November 2011). [VER1/11-11]
    [Amended] DFSA RM134/2014 (Made 21st August 2014). [VER5/06-14]