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    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

     

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    Effective Date: July 01, 2019

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

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