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Dubai Financial Services Authority (DFSA): Contents

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

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  • PIB 9.3.5

    An Authorised FirmG must calculate its LCR using the following formula and in accordance with the Rules in section PIB A9.2 of App9.

    LCR = Value of stock of HQLA / Total Net Cash Outflows over the next 30 calendar days

    [Added] DFSA RM148/2014 (Made 1st January 2015). [VER23/01-15]

    • PIB 9.3.5 Guidance

      1. Section PIB A9.2 of App9 sets out how the value of stock of HQLA and Total Net Cash Outflows are to be calculated.
      2. An Authorised FirmG active in multiple currencies should:
      a. maintain HQLA consistent with the distribution of its liquidity needs by currency;
      b. assess its aggregate foreign currency liquidity needs and determine an acceptable level of currency mismatches; and
      c. undertake a separate analysis of its strategy for each currency in which it has material activities, considering potential constraints in times of stress.
      [Added] DFSA RM148/2014 (Made 1st January 2015). [VER23/01-15]