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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]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices
Financial Markets Tribunal
Archive

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  • PIB 8 Guidance

    1. This chapter deals with management of Group Risk exposure of an Authorised Firm. Group Risk refers to the risk of potential losses incurred by an Authorised Firm on account of its relationship with other members of its Financial Group, if it were to be part of one.
    2. This chapter includes requirements that an Authorised Firm implement:
    a. an effective management framework for Group Risk exposure;
    b. a specified methodology for the calculation of Financial Group Capital Resources and Financial Group Capital Requirements.
    3. This chapter also includes requirements limiting Financial Group exposures and restrictions on the ownership or control of deposit-taking firms.
    Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]