Featured Product

    Dubai FSA Updates Several Modules of Its Rulebook

    June 27, 2019

    Dubai FSA updated several modules of its Rulebook, following consultation on a number of proposed legislative changes that were set out in the consultation paper No. 124. The updated modules, which come into force on July 01, 2019, include General Module, Code of Conduct Business Module, Collective Investment Rules Module, Market rules Module, and Glossary Module.

    The Dubai FSA Board published the following rule-making Instruments (or notices):

    • General Module (GEN) Rule-Making Instrument (No. 253) 2019, which repeals and replaces the General Module (GEN) of the Dubai FSA Rulebook with an updated version.
    • Conduct of Business Module (COB) Rule-Making Instrument (No. 254) 2019, which repeals and replaces the Conduct of Business (COB) module of the Dubai FSA Rulebook with an updated version.
    • Collective Investment Rules (CIR) Instrument (No. 255) 2019, which repeals and replaces the Collective Investment Rules (CIR) module of the Dubai FSA Rulebook with an updated version
    • Markets Rules (MKT) Rule-Making Instrument (No. 256) 2019, which repeals and replaces the Markets Rules (MKT) module of the Dubai FSA Rulebook with an updated version
    • Glossary Module (GLO) Rule-Making Instrument (No. 257) 2019, which repeals and replaces the Glossary Module (GLO) of the Dubai FSA Rulebook with an updated version

     

    Related Links

    Effective Date: July 01, 2019

    Keywords: Middle East and Africa, United Arab Emirates, Banking, Securities, Rulebook, Dubai FSA

    Related Articles
    News

    EBA Clarifies Use of COVID-19-Impacted Data for IRB Credit Risk Models

    The European Banking Authority (EBA) published four draft principles to support supervisory efforts in assessing the representativeness of COVID-19-impacted data for banks using the internal ratings based (IRB) credit risk models.

    June 21, 2022 WebPage Regulatory News
    News

    EP Reaches Agreement on Corporate Sustainability Reporting Directive

    The European Council and the European Parliament (EP) reached a provisional political agreement on the Corporate Sustainability Reporting Directive (CSRD).

    June 21, 2022 WebPage Regulatory News
    News

    PRA Consults on Model Risk Management Principles for Banks

    The Prudential Regulation Authority (PRA) launched a consultation (CP6/22) that sets out proposal for a new Supervisory Statement on expectations for management of model risk by banks.

    June 21, 2022 WebPage Regulatory News
    News

    EC Regulation Amends Standards for Calculating Credit Risk Adjustments

    The European Commission (EC) published the Delegated Regulation 2022/954, which amends regulatory technical standards on specification of the calculation of specific and general credit risk adjustments.

    June 21, 2022 WebPage Regulatory News
    News

    BIS Hub Updates Work Program for 2022, Announces New Projects

    The Bank for International Settlements (BIS) Innovation Hub updated its work program, announcing a set of projects across various centers.

    June 17, 2022 WebPage Regulatory News
    News

    EIOPA Issues Cyber Underwriting Proposal, Statement on Open Insurance

    The European Insurance and Occupational Pensions Authority (EIOPA) published two consultation papers—one on the supervisory statement on exclusions related to systemic events and the other on the supervisory statement on the management of non-affirmative cyber exposures.

    June 17, 2022 WebPage Regulatory News
    News

    US Senate Members Seek Details on SEC Proposed Climate Disclosure Rule

    Certain members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs issued a letter to the Securities and Exchange Commission (SEC)

    June 16, 2022 WebPage Regulatory News
    News

    EIOPA Consults on Review of Securitization Framework in Solvency II

    The European Insurance and Occupational Pensions Authority (EIOPA) published a consultation paper on the advice on the review of the securitization prudential framework in Solvency II.

    June 16, 2022 WebPage Regulatory News
    News

    UK Authorities Issue Regulatory and Reporting Updates for Banks

    The Prudential Regulation Authority (PRA) issued a statement on PRA buffer adjustment while the Bank of England (BoE) published a notice on the statistical reporting requirements for banks.

    June 15, 2022 WebPage Regulatory News
    News

    BCBS Issues Climate Risk Principles while HKMA Expresses Its Support

    The Basel Committee on Banking Supervision (BCBS) issued principles for the effective management and supervision of climate-related financial risks.

    June 15, 2022 WebPage Regulatory News
    RESULTS 1 - 10 OF 8286