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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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  • PIB A1.1 Categorisation of Authorised Firms

    • PIB A1.1 Guidance

      1. This section contains the table referred to in the GuidanceG notes at the commencement of PIB section 1.3 of PIBG . This table is for guidance purposes only.
      2. The Financial ServicesG described in the emboldened boxes in the table are the determinants for the prudential CategoryG . The activities set out in the boxes in the table are Financial ServicesG (see GEN chapter 2). The Financial ServicesG that an Authorised FirmG is authorised to carry on are specified on its LicenceG .
      3. If a PersonG carries on any one or more of the Financial ServicesG specified in an emboldened box under a particular CategoryG , then the highest such CategoryG is that Person'sG CategoryG for the purposes of this module.
      4. An exception to the above is an Islamic Financial InstitutionG which Manages a PSIAG which is an PSIAuG . Such an institution falls in CategoryG 5.
      CategoryG 1 CategoryG 2 CategoryG 3A CategoryG 3B CategoryG 3C CategoryG 4 CategoryG 5
      Accepting DepositsG Dealing in Investments as PrincipalG (not as Matched PrincipalG ) Dealing in Investments as PrincipalG (only as a Matched PrincipalG ) Providing CustodyG (only if for a FundG ) Managing a Collective Investment FundG Arranging Deals in InvestmentsG An Islamic Financial InstitutionG which Manages a PSIAuG
      Managing a PSIAuG Providing CreditG Dealing as AgentG Acting as the Trustee of a FundG Managing AssetsG Advising on Financial ProductsG
        Providing Trust ServicesG as a trustee of an express trust Arranging CustodyG
      Managing a PSIArG Insurance IntermediationG
      Providing CustodyG (other than for a FundG ) Insurance ManagementG
        Operating an Alternative Trading SystemG
      Providing Fund AdministrationG
      Providing Trust ServicesG other than as a trustee of an express trust
      Arranging Credit and Advising on CreditG
      Operating a Crowdfunding PlatformG
      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
      [Amended] DFSA RM188/2016 (Made 7th December 2016). [VER26/02-17]
      [Amended] DSFA RM203/2017 (Made 14th June 2017). [VER28/08-17]