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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Recognised Jurisdictions and Funds
Declaration Notices
Financial Markets Tribunal
Rulebook Modules
Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER34/12-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases

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  • PIB A1.1 Guidance

    1. This section contains the table referred to in the Guidance notes at the commencement of PIB section 1.3 of PIB. This table is for guidance purposes only.
    2. The Financial Services described in the emboldened boxes in the table are the determinants for the prudential Category. The activities set out in the boxes in the table are Financial Services (see GEN chapter 2). The Financial Services that an Authorised Firm is authorised to carry on are specified on its Licence.
    3. If a Person carries on any one or more of the Financial Services specified in an emboldened box under a particular Category, then the highest such Category is that Person's Category for the purposes of this module.
    4. An exception to the above is an Islamic Financial Institution which Manages a PSIA which is an PSIAu. Such an institution falls in Category 5.
    Category 1 Category 2 Category 3A Category 3B Category 3C Category 4 Category 5
    Accepting Deposits Dealing in Investments as Principal (not as Matched Principal) Dealing in Investments as Principal (only as a Matched Principal) Providing Custody (only if for a Fund) Managing a Collective Investment Fund Arranging Deals in Investments An Islamic Financial Institution which Manages a PSIAu
    Managing a PSIAu Providing Credit Dealing as Agent Acting as the Trustee of a Fund Managing Assets Advising on Financial Products
      Providing Trust Services as a trustee of an express trust Arranging Custody
    Managing a PSIAr Insurance Intermediation
    Providing Custody (other than for a Fund) Insurance Management
      Operating an Alternative Trading System
    Providing Fund Administration
    Providing Trust Services other than as a trustee of an express trust
    Arranging Credit and Advising on Credit
    Operating a Crowdfunding Platform
    Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
    [Amended] DFSA RM188/2016 (Made 7th December 2016). [VER26/02-17]
    [Amended] DSFA RM203/2017 (Made 14th June 2017). [VER28/08-17]