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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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  • PIB A5.8.9

    For the purposes of PIB section A5.8, working day 0 is the business day on which a firm that is UnderwritingG or sub-underwriting becomes unconditionally committed to accepting a known quantity of SecuritiesG at a specified price.

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

    • PIB A5.8.9 Guidance

      For debt issues and securities which are issued in a similar manner, working day 0 is the later of the date on which the securities are allotted and the date on which payment for them is due. For equity issues and securities which are issued in a similar manner, working day 0 is the later of the date on which the offer becomes closed for subscriptions and the date on which the allocations are made public. For rights issues, working day 0 is the first day after the date on which the offer becomes closed to acceptances for subscription.

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