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  • RPP 1-1 Purpose

    • RPP 1-1-1

      The purpose of the Regulatory Policy and Process (RPP) Sourcebook is to provide readers with an understanding of how the Dubai Financial Services Authority (DFSAG ) functions and operates and what we expect from the regulated community.

      Derived from DFSA GM8/2011 (Made 28th April 2011). [VER 1/02-11]

    • RPP 1-1-2

      The RPP contains:

      (a) statements of DFSA'sG regulatory policy;
      (b) descriptions of the regulatory processes that we follow when exercising our statutory powers;
      (c) information as to DFSA'sG risk based approach to authorisation, supervision and enforcement; and
      (d) information on matters which the DFSAG may assess when considering using specific discretionary powers. For example, this would include those matters which the DFSAG may take into consideration when making an assessment of whether an Authorised PersonG or Authorised IndividualG is fit and proper.
      Derived from DFSA GM8/2011 (Made 28th April 2011). [VER 1/02-11]
      Amended (Made 21st August 2014). August 2014 Edition

    • RPP 1-1-3

      RPP is therefore relevant to a PersonG who is:

      (a) seeking to be authorised or registered by the DFSAG ;
      (b) already subject to applicable laws, RulesG and policies administered by the DFSAG such as Authorised PersonsG (i.e. Authorised FirmsG or Authorised Market InstitutionsG ), DNFBPsG , Registered AuditorsG , Audit PrincipalsG , Authorised IndividualsG , Key IndividualsG , Principal RepresentativesG and any other PersonsG subject to the DFSA'sG regulatory oversight; and
      (c) otherwise subject to the jurisdiction of the DFSAG such as by reason of the DFSA'sG authority under a delegated power.
      Derived from DFSA GM8/2011 (Made 28th April 2011). [VER 1/02-11]
      Amended by Notice of Updates (Made 5th July 2012). July 2012 Edition
      Amended by Notice of Updates (Made 14th July 2013). July 2013 Edition
      Amended (Made 21st August 2014). August 2014 Edition

    • RPP 1-1-4

      RPP also concerns PersonsG who have made or intend to make:

      (a) an OfferG of SecuritiesG ; or
      (b) a Financial PromotionG ;

      in or from the DIFCG .

      Derived from DFSA GM8/2011 (Made 28th April 2011). [VER 1/02-11]

    • RPP 1-1-5

      The types of PersonG mentioned above to whom RPP is relevant are not intended to be exhaustive and such PersonsG are generally referred to in this Sourcebook as a “firm” unless the context provides otherwise.

      Derived from DFSA GM8/2011 (Made 28th April 2011). [VER 1/02-11]
      Amended by Notice of Updates (Made 14th July 2013). July 2013 Edition