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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
Conduct of Business Module (COB) [VER34/01-20]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases

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  • COB 3.2.6

    An Authorised FirmG must ensure that any information or representation relating to past performance, or any future forecast based on past performance or other assumptions, which is provided to or targeted at Retail ClientsG :

    (a) presents a fair and balanced view of the financial products or financial services to which the information or representation relates;
    (b) identifies, in an easy to understand manner, the source of information from which the past performance is derived and any key facts and assumptions used in that context are drawn; and
    (c) contains a prominent warning that past performance is not necessarily a reliable indicator of future results.
    Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]

    • COB 3.2.6 Guidance

      In presenting information relating to past performance of a financial product or financial service, the Authorised FirmG should follow, to the extent relevant, the Global Investment Performance StandardsG (GIPS) issued by InstituteG of Chartered Financial AnalystsG of the USA or a reputable independent actuarial, financial or statistical reporting service provider.

      Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]