PRU-EPRS 1.38 PRU-EPRS 1.38 Instructional Guidelines- Form B270 — Related Party Transactions
Form B270 is designed to capture the data pertaining to all the assets and liabilities of an
Authorised Firmwhich involve a Related Personor a Connected Counterpartyto the Authorised Firm. The scope of this form includes all Authorised Firmsfalling under the Rules of the PIBmodule of the DFSA Rulebook.
This form is applicable to all
Authorised Firmsclassified under any of the prudential categories 1 to 5 as per the PIBmodule of the DFSA Rulebook. These include Authorised Firmsoperating as a Branchin the DIFC.
The form is intended to capture information pertaining to assets and liabilities of the
Authorised Firmwhich are owed by or owed to a Related Personor to a Connected Counterparty. The form is structured to seek the data on all the assets and liabilities of the Authorised Firm, split in to assets and liabilities pertaining to Related Person& Groupcompanies and those pertaining to other Counterparties. Authorised firms are required to report all data in USD equivalent.
Structure of the form in EPRS
B270 is a single form which has two main sections. The first section seeks data pertaining to assets and the second section on liabilities. The data being sought is restricted to broad categories of assets and liabilities consistent with the purpose of the form in identifying the extent of
Related Party Transactionsin the overall business of the Authorised Firm.
In both sections, the data is required to be split-up between related party
Exposuresand those relating to other parties in the two columns along with the total of the two classes in the right-most column.Derived from GM5/2007 (Made 16th December 2007). [VER1/12-07]
PRU-EPRS 1.38 Instructional Guidelines
The data being sought in this form are self explanatory given the description provided in the title column.Derived from GM5/2007 (Made 16th December 2007). [VER1/12-07]