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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Glossary Module (GLO) [VER43/02-19]
GLO 2 Glossary
[ C ] [Capital Requirement—Customer Due Diligence (CDD)]
Close Links
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices
Financial Markets Tribunal
Archive

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  • Close Links

    A Person (Person A) has Close Links with a Person (Person B) if:

    (a) Person B:
    (i) is a Holding Company of Person A;
    (ii) is a Subsidiary of Person A;
    (iii) is a Holding Company of the Subsidiary of Person A;
    (iv) is a Subsidiary of a Holding Company of Person A; or
    (v) owns and controls 20% or more of the voting rights or shares of Person A; or
    (b) Person A owns and controls 20% or more of the voting rights or shares of Person B.

    Derived from DFSA RM12/2004 (Made 16th September 2004). [VER1/09-04]