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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
General Module (GEN) [VER44/07-19]
GEN 2 Financial Services
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

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  • GEN 2.28.1

    (1) In GEN Rule 2.2.2, Arranging Credit and Advising on Credit means:
    (a) making arrangements for another Person, whether as principal or agent, to borrow money by way of a Credit Facility; or
    (b) giving advice to a Person in his capacity as a borrower or potential borrower or as agent for a borrower or potential borrower on the merits of his entering into a particular Credit Facility.
    (2) Advice in (1)(b) includes a statement, opinion or report:
    (a) where the intention is to influence a Person, in making a decision, to enter into a particular Credit Facility; or
    (b) which could reasonably be regarded as being intended to have such an influence.
    [Added] DFSA RM131/2014 (Made 21st August 2014). [VER34/06-14]
    [Amended] DFSA RM184/2016 (Made 7th December 2016). [VER38/02-17]