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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]
PIB App4 Credit Risk
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 A4.11.8 Guidance:

    1. When considering this Rule the Authorised Firm should consider the following factors:
    a. the structure, independence and control of the transaction, including governance arrangements;
    b. the inter relatedness of the underlying Exposures;
    c. beneficial owners of the underlying Exposures and whether they could be deemed Connected or Closely Related; and
    d. whether the transactions are conducted on an arm's length basis.
    2. An Authorised Firm should look through the structure to determine whether there are any Counterparties or Exposures that should be considered a Concentration Risk.
    Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]