Entire Section

  • Guidance Making Instruments

    • 2017 2017

      • GM12/2017 Code of Market Conduct (CMC) Guidance Instrument (No. 12) 2017

        Click herehere to view the Rulemaking Instrument in PDF format.

        The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 23 of the Regulatory Law 2004, hereby make the Rules in the appendix to this instrument. The appendix to this instrument also contains the guidance made by the Chief Executive in the exercise of the powers conferred on him under the Regulatory Law 2004.

        Commencement:
        (1) This instrument is made on 14 June 2017 and shall come into force on 1 August 2017.
        Amendments to Modules:
        (2) The updated Code of Market Conduct (CMC) Module in Appendix 1Appendix 1 to this instrument may be identified by the following reference — CMC/VER03/08-17.
        Citation:
        (3) This instrument may be cited as the Code of Market Conduct Guidance Instrument (No.12) 2017.
        (4) Appendix 1Appendix 1 to this instrument may be cited as the Code of Market Conduct Module or CMC.

        By Order of the Board

        Saeb Eigner
        Chairman
                  Ian Johnston
        Chief Executive

        14 June 2017

        GMI 12/2017

      • GM11/2017 General Module (GEN) Guidance Instrument (No.11) 2017

        Click herehere to view the Guidance Instrument in PDF format.

        The Chief Executive of the Dubai Financial Services Authority ("DFSA") in the exercise of the powers conferred on him by Article 36 of the Regulatory Law 2004, hereby:

        (a) makes and issues the Guidance in Appendix 1Appendix 1 to this instrument; and
        (b) approves the publication of the updated GEN Module in Appendix 2Appendix 2 incorporating the Guidance in Appendix 1Appendix 1.

        Commencement:

        (1) This instrument is made on 23 May 2017 and shall come into effect on 24 May 2017.

        Modules:

        (2) The updated General (GEN) Module in Appendix 2Appendix 2 to this instrument may be identified by the following reference – GEN VER39_05-17.

        Citation:

        (3) This instrument may be cited as the General Module Guidance Instrument (No.11) 2017.
        (4) Appendix 2Appendix 2 to this instrument may be cited as the General Module or GEN.

        Ian Johnston
        Chief Executive
        DFSA

        23 May 2017

        GMI 11/2017

    • 2016

      • GM10/2016 Code of Market Conduct Guidance Instrument (No.10) 2016

        Click herehere to view the Guidance Instrument in PDF format.

        The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 20 (2) of the Regulatory Law 2004, hereby approves and issues the Guidance in the appendix to this instrument.

        Commencement:

        (1) This instrument is made on 7 December 2016 and shall come into force on 1 February 2017.

        Modules:

        (2) The Code of Market Conduct (CMC) module in Appendix 1Appendix 1 to this instrument may be identified by the following reference — CMC/VER02/02-17.

        Citation:

        (3) This instrument may be cited as the Code of Market Conduct Guidance Instrument (No.10) 2016.
        (4) Appendix 1Appendix 1 to this instrument may be cited as the Code of Market Conduct module or CMC.

        By Order of the Board

        Saeb Eigner
        Chairman

        7 December 2016

        GMI10/2016

    • 2014

      • GM9/2014 Code of Market Conduct (CMC) Guidance Instrument (No. 9) 2014

        Click here to view the Guidance InstrumentGuidance Instrument in PDF format.

        The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 20 (2) of the Regulatory Law 2004, hereby approves and issues the Guidance in the appendix to this instrument.

        Commencement:

        (1) This instrument is made on 10 December 2014 and shall come into effect on 1 January 2015.

        Modules:

        (2) The Code of Market Conduct (CMC) module in Appendix 1Appendix 1 to this instrument may be identified by the following reference – CMC/VER1/01-15.

        Citation

        (3) This instrument may be cited as the Code of Market Conduct Guidance Instrument (No.9) 2014.
        (4) Appendix 1Appendix 1 to this instrument may be cited as the Code of Market Conduct module or CMC.

        By Order of the Board

        Saeb Eigner
        Chairman

        10 December 2014
        GMI9/2014


        Click herehere to view Appendix 1 in PDF format.

    • 2011

      • GM8/2011 Regulatory Policy and Process Guidance Instrument (No. 8) 2011

        The Chief Executive of the Dubai Financial Services Authority in the exercise of the powers conferred on him under the Regulatory Law 2004, hereby makes the guidance in the appendices to this instrument.

        Commencement

        (1) This instrument is made on 27 February 2011 and is conditional upon the enactment of a law to be called "Regulatory Law Amendment Law 2011"; and this instrument shall come into force on the same day as that law.

        Sourcebook Module

        (2) The Regulatory Policy and Process Sourcebook module in Appendix 1Appendix 1 to this instrument may be identified by the following reference — RPP/VER1/02-11.

        Amendments to Rulebook Modules:

        (3) The Authorised Market Institutions (AMI) module — (AMI/VER9/03-10) is amended in accordance with Appendix 2Appendix 2 to this instrument and the Module as amended by this instrument may be identified by the following reference — (AMI/VER10/02-11).
        (4) The Anti Money Laundering (AML) module — (AML/VER6/01-10) is amended in accordance with Appendix 3Appendix 3 to this instrument and the Module as amended by this instrument may be identified by the following reference — (AML/VER7/02-11)
        (5) The Ancillary Service Providers (ASP) module — (ASP/VER7/09-08) is amended in accordance with Appendix 4Appendix 4 to this instrument and the Module as amended by this instrument may be identified by the following reference — (ASP /VER8/02-11)
        (6) The Prudential — Insurance Business (PIN) module — (PIN/VER10/07-08) is amended in accordance with Appendix 5Appendix 5 to this instrument and the Module as amended by this instrument may be identified by the following reference — (PIN/VER11/02-11)

        Citation

        (7) This instrument may be cited as the Regulatory Policy and Process Guidance Instrument (No. 8) 2011.
        (8) Appendix 1Appendix 1 to this instrument may be cited as the Regulatory Policy and Process Sourcebook module or RPP.

        Paul M Koster
        Chief Executive

        February 2011
        GM 8/2011


        Click herehere to view Appendix 1 in PDF format.
        Click herehere to view Appendix 2 in PDF format.
        Click herehere to view Appendix 3 in PDF format.
        Click herehere to view Appendix 4 in PDF format.
        Click herehere to view Appendix 5 in PDF format.

    • 2010

      • GM7/2010 Hedge Fund Code of Practice 2010 Instrument No. 7 of 2010

        The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 20 of the Regulatory Law 2004, hereby issues the code in the appendix to this instrument.

        Commencement

        This instrument shall come into force on the date the Collective Investment Law 2010 comes into force.

        Amendments to Code of Practice

        (1) The Hedge Fund Code of Practice 2008 is amended in accordance with the AppendixAppendix to this instrument and the Code of Practice as amended by this instrument may be cited as Hedge Fund Code of Practice 2010.

        Citation

        (2) This instrument may be cited as the Hedge Fund Code of Practice 2010 Instrument No. 7 of 2010.

        By Order of the Board

        Abdullah Saleh

        June 2010

    • 2007

      • GM6/2007 Hedge Fund Code Guidance Instrument (No. 6) 2007

        The Chief Executive of the Dubai Financial Services Authority in the exercise of the powers conferred on him under the Regulatory Law 2004, hereby makes the guidance in the appendix to this instrument.

        Commencement

        This instrument shall come into force on the 20 January 2008.

        Amendments to Rulebook Modules

        (1) The Collective Investment Rules Module (CIR) — CIR/VER7/12-07 is amended in accordance with the AppendixAppendix to this instrument and the Module as amended by this instrument may be identified by the following reference — CIR/VER8/01-08.

        Citation

        (2) This instrument may be cited as the Hedge Fund Code Guidance Instrument (No.6) 2007.

        David Knott
        Chief Executive

        November 2007
        GM 6/2007

      • GM5/2007 Electronic Prudential Reporting System Guidance Instrument (No. 5) 2007

        The Chief Executive of the Dubai Financial Services Authority in the exercise of the powers conferred on him under the Regulatory Law 2004, hereby makes the guidance (in the form of instructional guidelines) in the appendix to this instrument.

        Commencement

        This instrument shall come into force on the 16 December 2007.

        Amendments to Rulebook Modules

        (1) The Prudential Returns Module (PRU) — PRU/VER4/09-07 is amended in accordance with the AppendixAppendix to this instrument and the Module as amended by this instrument may be identified by the following reference — PRU - EPRS/VER1/12-07.
        (2) The effect of this instrument is to replace the current version of PRU, that is, "VER4" with the first EPRS version set out in the appendixappendix.

        Citation

        (3) This instrument may be cited as the Electronic Prudential Reporting System Guidance Instrument (No.5) 2007.

        David Knott
        Chief Executive

        November 2007
        GM 5/2007

      • GM4/2007 International Standards Guidance Instrument (No. 4) 2007

        The Chief Executive of the Dubai Financial Services Authority in the exercise of the powers conferred on him under the Regulatory Law 2004, hereby makes the guidance (in the form of instructional guidelines) in the Appendices to this instrument.

        Commencement

        This instrument shall come into force on the 13 September 2007.

        Amendments to Rulebook Modules

        (1) The Prudential Returns Module (PRU) — PRU/VER3/07-07 is amended in accordance with the Appendices 11 and 22 to this instrument and the Module as amended by this instrument may be identified by the following reference — PRU/VER4/09-07.

        Citation

        (2) This instrument may be cited as the International Standards Guidance Instrument (No. 4) 2007.

        David Knott
        Chief Executive

        September 2007
        GM 4/2007

      • GM3/2007 Principal Commodity Futures Trading Participants Guidance Instrument 2007

        The Chief Executive of the Dubai Financial Services Authority in the exercise of the powers conferred on him under the Regulatory Law 2004, hereby makes the guidance in the Annex to this instrument.

        Commencement

        This instrument shall come into force on the 5 July 2007.

        Amendments to Rulebook Modules

        (1) The General Module (GEN) — GEN/VER14/06-07 is amended in accordance with the AnnexAnnex to this instrument and the Module as amended by this instrument may be identified by the following reference — GEN/VER15/07-07.

        Citation

        (2) This instrument may be cited as the Principal Commodity Futures Trading Participants Guidance Instrument 2007.

        David Knott
        Chief Executive

        July 2007
        GM 3/2007

      • GM2/2007 Insurance Prudential Regime Guidance Instrument 2007

        The Chief Executive of the Dubai Financial Services Authority in the exercise of the powers conferred on him under the Regulatory Law 2004, hereby makes the guidance (in the form of instructional guidelines) in the Annexes to this instrument.

        Commencement

        This instrument shall come into force on the 5 July 2007.

        Amendments to Sourcebook Modules

        (1) The Prudential Returns Module (PRU) — PRU/VER2/06-07 is amended in accordance with Annexes AA, BB, CC, DD, EE and FF to this instrument and the Module as amended by this instrument may be identified by the following reference — PRU/VER3/08-07.

        Citation

        (2) This instrument may be cited as the Insurance Prudential Regime Guidance Instrument 2007.

        David Knott
        Chief Executive

        June 2007
        GM 2/2007

    • 2006

      • GM1/2006 Interpreting the Rulebook Guidance Instrument 2006

        The Chief Executive of the Dubai Financial Services Authority in the exercise of the powers conferred on him under the Regulatory Law 2004, hereby makes the guidance in the Annex to this instrument.

        Commencement

        This instrument shall come into force on the 17th May 2006.

        Amendments to Rulebook Modules

        (1) The General Module (GEN) — GEN/VER8/04-06 is amended in accordance with the AnnexAnnex to this instrument and the Module as amended by this instrument may be identified by the following reference — GEN/VER9/05-06.

        Citation

        (2) This instrument may be cited as the Interpreting the Rulebook Guidance Instrument 2006.

        Jane Coakley
        Acting Chief Executive

        May 2006
        GM 1/2006