Home   Browse contents   View updates   Search  
     Quick search
Go
   

BackText onlyPrint

You need the Flash plugin.

Download Macromedia Flash Player



  • 2008

    • RM63/2008 Consequential Amendments following the DIFX's Change of Name Rules Instrument (No. 63) 2008

      The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 23 of the Regulatory Law 2004 and having concluded that it would be prejudicial to the interests of the Dubai International Financial Centre to delay the making of these rules in order to allow public consultation to be undertaken, hereby make the Rules in the appendices to this instrument. The appendices to this instrument also contain the guidance made by the Chief Executive in the exercise of the powers conferred on him under the Regulatory Law 2004.

      Commencement

      This instrument shall come into force on 4 January 2009.

      Amendments to Rulebook Modules

      (1) Authorised Market Institutions Module (AMI) — AMI/VER7/09-08 is amended in accordance with Appendix 1 to this instrument and the module as amended by this instrument may be identified by the following reference — AMI/VER8/01-09.
      (2) Offered Securities Rules Module (OSR) — OSR/VER12/11-08 is amended in accordance with Appendix 2 to this instrument and the module as amended by this instrument may be identified by the following reference — OSR/VER13/01-09.
      (3) Takeover Rules Module (TKO) — TKO/VER3/12-07 is amended in accordance with Appendix 3 to this instrument and the module as amended by this instrument may be identified by the following reference — TKO/VER4/01-09.

      Citation

      (4) This instrument may be cited as the Consequential Amendments following the DIFX's Change of Name, Rules Instrument (No. 63) 2008

      By Order of the Board

      Abdullah Saleh
      Chairman


      December 2008
      RM63/2008
        David Knott
      Chief Executive

    • RM62/2008 Definitions of Investments Rules Instrument (No. 62) 2008

      The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 23 of the Regulatory Law 2004 and having published the rules for consultation in accordance with Article 24 of the Regulatory Law 2004, hereby make the Rules in the appendices to this instrument. The appendices to this instrument also contain the guidance made by the Chief Executive in the exercise of the powers conferred on him under the Regulatory Law 2004.

      Commencement

      This instrument shall come into force on 4 January 2009.

      Amendments to Rulebook Modules

      (1) General Module (GEN) — GEN/VER21/09-08 is amended in accordance with Appendix 1 to this instrument and the module as amended by this instrument may be identified by the following reference — GEN/VER22/01-09.
      (2) Glossary Module (GLO) — GLO/VER19/11-08 is amended in accordance with Appendix 2 to this instrument and the module as amended by this instrument may be identified by the following reference — GLO/VER20/01-09.
      (3) Offered Securities Rules Module (OSR) — OSR/VER12/11-08 is amended in accordance with Appendix 3 to this instrument and the module as amended by this instrument may be identified by the following reference — OSR/VER13/01-09.

      Citation

      (4) This instrument may be cited as the Definitions of Investments Rules Instrument (No. 62) 2008

      By Order of the Board

      Abdullah Saleh
      Chairman


      October 2008
      RM62/2008
            David Knott
      Chief Executive

    • RM61/2008 Miscellaneous Amendments to the DFSA Rulebook Rules Instrument (No. 61) 2008

      The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 23 of the Regulatory Law 2004 and having published the rules for consultation in accordance with Article 24 of the Regulatory Law 2004, hereby make the Rules in the appendices to this instrument. The appendices to this instrument also contain the guidance made by the Chief Executive in the exercise of the powers conferred on him under the Regulatory Law 2004.

      Commencement

      This instrument shall come into force:

      (a) in respect of the rule amendments in Appendix 1 on 4 January 2009; and
      (b) in respect of the rule amendments in all other Appendices on 5 November 2008.

      Amendments to Rulebook Modules

      (1) Conduct of Business Module (COB) — COB/VER14/07-08 is amended in accordance with Appendix 1 to this instrument and the module as amended by this instrument may be identified by the following reference — COB/VER15/01-09.
      (2) Recognition Module (REC) — REC/VER4/12-07 is amended in accordance with Appendix 2 to this instrument and the module as amended by this instrument may be identified by the following reference — REC/VER5/11-08.
      (3) Collective Investment Rules Module (CIR) — CIR/VER9/07-08 is amended in accordance with Appendix 3 to this instrument and the module as amended by this instrument may be identified by the following reference — CIR/VER10/11-08.
      (4) Fees Rules Module (FER) — FER/VER1/12-07 is amended in accordance with Appendix 4 to this instrument and the module as amended by this instrument may be identified by the following reference — FER/VER2/11-08.
      (5) Glossary Module (GLO) — GLO/VER/18/09-08 is amended in accordance with Appendix 5 to this instrument and the module as amended by this instrument may be identified by the following reference — GLO/VER/19/11-08.
      (6) Offered Securities Rules (OSR) — OSR/VER11/07-08 is amended in accordance with Appendix 6 to this instrument and the module as amended by this instrument may be identified by the following reference — OSR/VER12/11-08.

      Citation

      (7) This instrument may be cited as the Miscellaneous Amendments to the DFSA Rulebook Rules Instrument (No. 61) 2008

      By Order of the Board

      Abdullah Saleh
      Chairman


      October 2008
      RM61/2008
            David Knott
      Chief Executive

    • RM60/2008 Regulation of Single Family Offices Rules Instrument (No. 60) 2008

      The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 23 of the Regulatory Law 2004 and having published the rules for consultation in accordance with Article 24 of the Regulatory Law 2004 hereby make the Rules in the appendices to this instrument.

      Commencement

      This instrument shall come into force on the date on which the Single Family Office Regulations made under the Companies Law 2006 by the Dubai International Financial Centre Authority, come into effect.

      Amendments to Rulebook Modules

      (1) General Module (GEN) — GEN/VER20/09-08 is amended in accordance with Appendix 1 to this instrument and the module as amended by this instrument may be identified by the following reference — GEN/VER21/09-08.
      (2) Glossary Module (GLO) — GLO/VER17/07-08 is amended in accordance with Appendix 2 to this instrument and the module as amended by this instrument may be identified by the following reference — GLO/VER18/09-08.

      Citation

      (3) This instrument may be cited as the Regulation of Single Family Offices Rules Instrument (No. 60) 2008

      By Order of the Board

      Abdullah Saleh
      Chairman


      July 2008
      RM60/2008

    • RM59/2008 Enhancement of Provisions Relating to AML and UN Resolutions and Sanctions Rules Instrument (No. 59) 2008

      The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 23 of the Regulatory Law 2004 and having published the rules for consultation in accordance with Article 24 of the Regulatory Law 2004 hereby make the Rules in the appendices to this instrument. The appendices to this instrument also contain the guidance made by the Chief Executive in the exercise of the powers conferred on him under the Regulatory Law 2004.

      Commencement

      This instrument shall come into force on the 1 September 2008.

      Amendments to Rulebook Modules

      (1) Authorised Market Institutions Module (AMI) — AMI/VER6/07-08 is amended in accordance with Appendix 1 to this instrument and the module as amended by this instrument may be identified by the following reference — AMI/VER7/09-08.
      (2) Anti Money Laundering Module (AML) — AML/VER4/10-07 is amended in accordance with Appendix 2 to this instrument and the module as amended by this instrument may be identified by the following reference — AML/VER5/09-08.
      (3) Ancillary Service Providers Module (ASP) — ASP/VER6/12-07 is amended in accordance with Appendix 3 to this instrument and the module as amended by this instrument may be identified by the following reference — ASP/VER7/09-08.
      (4) General Module (GEN) — GEN/VER19/07-08 is amended in accordance with Appendix 4 to this instrument and the module as amended by this instrument may be identified by the following reference — GEN/VER20/09-08.

      Citation

      (5) This instrument may be cited as the Enhancement of Provisions Relating to AML and UN Resolutions and Sanctions Rules Instrument (No. 59) 2008

      By Order of the Board

      Abdullah Saleh
      Chairman


      July 2008
      RM59/2008
            David Knott
      Chief Executive

    • Key Policy Review — the outcome. External presentation given to firms on 28 and 29 April 2008

      Key Policy Review—the outcome. External Presentation given to Firms on 28 and 29 April 2008

    • RM58/2008 Implementation of DFSA's Key Policy Review Rules Instrument (No. 58) 2008

      The DFSA has prepared a note summarising the main issues which arose in consultation on the DFSA's Key Policy Review (Consultation Papers 52, 53 and 54) and the DFSA's responses to the comments received. It has also prepared two "destination tables" to assist interested parties in locating Rules which have been relocated within the COB and CIR modules, or moved from the COB module into the CIR module. These may be accessed by the links below:

      •   Key Policy Review — comments made in consultation: PDF format
      •   Appendix A — COB Destination Table: PDF format
      •   Appendix B — CIR Destination Table: PDF format

      The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 23 of the Regulatory Law 2004 and:

      (a) subject to (b), having published the rules for consultation in accordance with Article 24 of the Regulatory Law 2004; and
      (b) in respect of the rules in Appendix 3 to this instrument (excepting GEN Rule 3.2.5), having concluded that undertaking public consultation would delay the making of these rules, which would be prejudicial to the interest of the DIFC;

      hereby make the Rules in the appendices to this instrument. The appendices to this instrument also contain the guidance made by the Chief Executive in the exercise of the powers conferred on him under the Regulatory Law 2004.

      Commencement

      This instrument shall come into force on the 1 July 2008.

      Amendments to Rulebook Modules

      (1) Authorisation Module (AUT) — AUT/VER9/10-07 is amended in accordance with Appendix 1 to this instrument and the module as amended by this instrument may be identified by the following reference — AUT/VER10/07-08.
      (2) Conduct of Business Module (COB) — COB/VER13/12-07 is amended in accordance with Appendix 2 to this instrument and the module as amended by this instrument may be identified by the following reference — COB/VER14/07-08. Note that the entire module has been replaced by the new version contained in RM56 and these amendments are made to that text.
      (3) General Module (GEN) — GEN/VER18/12-07 is amended in accordance with Appendix 3 to this instrument and the module as amended by this instrument may be identified by the following reference — GEN/VER19/07-08.
      (4) Collective Investment Rules (CIR) — CIR/VER8/01-08 is amended in accordance with Appendix 4 to this instrument and the module as amended by this instrument may be identified by the following reference — CIR/VER9/07-08. Note that the entire module has been replaced by the new version contained in RM56 and these amendments are made to that text.
      (5) Islamic Financial Business Module (ISF) — ISF/VER1/09-04 is amended in accordance with Appendix 5 to this instrument and the module as amended by this instrument may be identified by the following reference — ISF/VER2/07-08.
      (6) Note that rule-making instrument No. 56 also implements amendments to the modules referred to (2), (3), (4) and (5).
      (7) Note that rule-making instrument No. 57 also implements amendments to the ISF module.

      Citation

      (8) This instrument may be cited as the Implementation of DFSA’s Key Policy Review Rules Instrument (No. 58) 2008.

      By Order of the Board

      Abdullah Saleh
      Chairman


      April 2008
      RM 58/2008
            David Knott
      Chief Executive

    • RM57/2008 Islamic Finance Rules Instrument (No. 57) 2008

      The DFSA has prepared a note summarising the main issues which arose in consultation on the DFSA's Key Policy Review (Consultation Papers 52, 53 and 54) and the DFSA's responses to the comments received. It has also prepared two "destination tables" to assist interested parties in locating Rules which have been relocated within the COB and CIR modules, or moved from the COB module into the CIR module. These may be accessed by the links below:

      •   Key Policy Review — comments made in consultation: PDF format
      •   Appendix A — COB Destination Table: PDF format
      •   Appendix B — CIR Destination Table: PDF format

      The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 23 of the Regulatory Law 2004 and having published the rules for consultation in accordance with Article 24 of the Regulatory Law 2004, hereby make the Rules in the appendices to this instrument. The appendices to this instrument also contain the guidance made by the Chief Executive in the exercise of the powers conferred on him under the Regulatory Law 2004.

      Commencement

      This instrument shall come into force on the 1 July 2008.

      Amendments to Rulebook Modules

      (1) Glossary Module (GLO) — GLO/VER16/10-07 is amended in accordance with Appendix 1 to this instrument and the module as amended by this instrument may be identified by the following reference — GLO/VER17/07-08.
      (2) Islamic Financial Business Module (ISF) — ISF/VER1/09-04 is amended in accordance with Appendix 2 to this instrument and the module as amended by this instrument may be identified by the following reference — ISF/VER2/07-08.
      (3) Prudential — Investment Insurance Intermediation and Banking Business Module (PIB) — PIB/VER13/12-07 is amended in accordance with Appendix 3 to this instrument and the module as amended by this instrument may be identified by the following reference — PIB/VER14/07-08.
      (4) Note that rule-making instrument No. 56 also implements amendments to these modules including the title of the PIB module.
      (5) Note that rule-making instrument No. 58 also implements amendments to the ISF module.

      Citation

      (6) This instrument may be cited as the Islamic Finance Rules Instrument (No. 57) 2008.

      By Order of the Board

      Abdullah Saleh
      Chairman


      April 2008
      RM 57/2008
            David Knott
      Chief Executive

    • RM56/2008 Key Policy Review Rules Instrument (No. 56) 2008

      The DFSA has prepared a note summarising the main issues which arose in consultation on the DFSA's Key Policy Review (Consultation Papers 52, 53 and 54) and the DFSA's responses to the comments received. It has also prepared two "destination tables" to assist interested parties in locating Rules which have been relocated within the COB and CIR modules, or moved from the COB module into the CIR module. These may be accessed by the links below:

      •   Key Policy Review — comments made in consultation: PDF format
      •   Appendix A — COB Destination Table: PDF format
      •   Appendix B — CIR Destination Table: PDF format

      The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 23 of the Regulatory Law 2004 and having published the rules for consultation in accordance with Article 24 of the Regulatory Law 2004, hereby make the Rules in the appendices to this instrument. The appendices to this instrument also contain the guidance made by the Chief Executive in the exercise of the powers conferred on him under the Regulatory Law 2004.

      Commencement

      This instrument shall come into force on the 1 July 2008.

      Amendments to Rulebook Modules

      (1) Conduct of Business Module (COB) — COB/VER13/12-07 is amended in accordance with Appendix 1 to this instrument and the module as amended by this instrument may be identified by the following reference — COB/VER14/07-08. Note that the entire module is replaced by the new version.
      (2) Collective Investment Rules Module (CIR) — CIR/VER8/01-08 is amended in accordance with Appendix 2 to this instrument and the module as amended by this instrument may be identified by the following reference — CIR/VER9/07-08. Note that the entire module is replaced by the new version.
      (3) Authorised Market Institutions Module (AMI) — AMI/VER5/12-07 is amended in accordance with Appendix 3 to this instrument and the module as amended by this instrument may be identified by the following reference — AMI/VER6/07-08.
      (4) General Module (GEN) — GEN/VER18/12-07 is amended in accordance with Appendix 4 to this instrument and the module as amended by this instrument may be identified by the following reference — GEN/VER19/07-08.
      (5) Offered Securities Rules (OSR) — OSR/VER10/12-07 is amended in accordance with Appendix 5 to this instrument and the module as amended by this instrument may be identified by the following reference — OSR/VER11/07-08.
      (6) Islamic Financial Business Module (ISF) — ISF/VER1/09-04 is amended in accordance with Appendix 6 to this instrument and the module as amended by this instrument may be identified by the following reference — ISF/VER2/07-08.
      (7) Glossary Module (GLO) — GLO/VER16/10-07 is amended in accordance with Appendix 7 to this instrument and the module as amended by this instrument may be identified by the following reference — GLO/VER17/07-08.
      (8) Prudential - Investment Insurance Intermediation and Banking Business Module (PIB) — PIB/VER13/12-07 is amended in accordance with Appendix 8 to this instrument and the module as amended by this instrument may be identified by the following reference — PIB/VER14/07-08.
      (9) Note that the title of the module in (8) is amended in accordance with Appendix 8 to Prudential - Investment Insurance Intermediation and Banking Module (PIB).
      (10) Prudential - Insurance Business Module (PIN) — PIN/VER9/12-07 is amended in accordance with Appendix 9 to this instrument and the module as amended by this instrument may be identified by the following reference — PIN/VER10/07-08.
      (11) Note that rule-making instrument No. 57 also implements amendments to the modules referred to under (6), (7) and (8).
      (12) Note that rule-making instrument No. 58 also implements amendments to the modules referred to under (1), (2), (4) and (6).

      Citation

      (13) This instrument may be cited as the Key Policy Review Rules Instrument (No. 56) 2008.

      By Order of the Board

      Abdullah Saleh
      Chairman


      April 2008
      RM 56/2008
            David Knott
      Chief Executive