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

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  • Introduction

    • PIB 8 Guidance

      1. This chapter deals with management of Group RiskG exposure of an Authorised FirmG . Group RiskG refers to the risk of potential losses incurred by an Authorised FirmG on account of its relationship with other members of its Financial GroupG , if it were to be part of one.
      2. This chapter includes requirements that an Authorised FirmG implement:
      a. an effective management framework for Group RiskG exposure;
      b. a specified methodology for the calculation of Financial Group Capital ResourcesG and Financial Group Capital RequirementsG .
      3. This chapter also includes requirements limiting Financial GroupG exposures and restrictions on the ownership or control of deposit-taking firms.
      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]