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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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  • Foreign ownership restrictions

    • COB 9.6.7

      An ATS OperatorG must not permit its facility to be used for trading InvestmentsG which are subject to foreign ownership restrictions unless it has adequate and effective arrangements to:

      (a) monitor applicable foreign ownership restrictions;
      (b) promptly identify and take appropriate action where any breaches of such restrictions occur without any undue interruption or negative impact to its trading activities; and
      (c) suspend trading in the relevant InvestmentsG where the ownership restrictions are, or are about to be, breached and reinstate trading when the breaches are remedied.
      [Added] DFSA RM123/2013 (Made 13th June 2013) [VER22/07-13]

      • COB 9.6.7 Guidance

        The kind of arrangements an ATS OperatorG should implement to meet the requirements in Rule 9.6.7 are such as those specified in AMI Rule 6.8.1(2).

        [Added] DFSA RM123/2013 (Made 13th June 2013) [VER22/07-13]