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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]
PIB 3 Capital
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases

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  • PIB 3.9A.7

    (1) The Countercyclical Capital Buffer Rate for an exposure:
    (a) in the DIFC or elsewhere in the State, is the rate set by the Central Bank; and
    (b) outside the State, is the rate set by the CCyB Authority for that jurisdiction, unless the DFSA has specified a rate under PIB Rule 3.9A.8, in which case that specified rate applies.
    (2) If the rate specified by a CCyB Authority is more than 2.5% then it is taken to be equal to 2.5%, unless the DFSA specifies otherwise.
    Derived from DFSA RM209/2017 (Made 25th October 2017). [VER30/01-18]