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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Conduct of Business Module (COB) [VER33/07-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices
Financial Markets Tribunal
Archive

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  • Disclosure

    • COB 6.3.8

      For the purposes of COB Rule 6.3.7, when an Authorised FirmG accepts a mandate to manage an OfferG , it must take reasonable steps to disclose to its corporate finance ClientG :

      (a) the process the Authorised FirmG proposes to adopt in order to determine what recommendations it will make about allocations for the OfferG ;
      (b) details of how the target investor group, to whom it is planned to OfferG the SecuritiesG , will be identified;
      (c) the process through which recommendations are prepared and by whom; and
      (d) (if relevant) that it may recommend placing SecuritiesG with a ClientG of the Authorised FirmG for whom the Authorised FirmG provides other services, with the Authorised Firm'sG own proprietary book, or with an AssociateG , and that this represents a potential conflict of interest.
      Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]

      • COB 6.3.8 Guidance

        It is the DFSA's expectation that an Authorised Firm'sG procedures to identify and manage conflicts of interest should extend to the allocation process for an offering of SecuritiesG .

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