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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Prudential — Investment, Insurance Intermediation and Banking Module (PIB) [VER33/02-19]
PIB App5 Market Risk
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices
Financial Markets Tribunal
Archive

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  • Cash Legs of Repos

    • PIB A5.2.11

      The forward cash leg of a repo must be treated as a notional short position in a government SecurityG with a maturity equal to that of the repo and coupon equal to the repo rate.

      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]

      • PIB A5.2.11 Guidance

        If a SecurityG is repo'd, the Authorised FirmG continues to calculate an Interest Rate Risk Capital RequirementG on the SecurityG because, although legal ownership transfers to the CounterpartyG , the economic benefit or loss remains with the Authorised FirmG .

        Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]