Accuracy of information
Authorised Personmust take reasonable steps to ensure that all information that it provides to the DFSAin accordance with any legislation applicable in the DIFCis:(a) factually accurate or, in the case of estimates and judgements, fairly and properly based; and(b) complete, in that it should include anything of which the DFSAwould reasonably expect to be notified.
GEN 11.10.18(1) An
Authorised Personmust notify the DFSAimmediately it becomes aware, or has information that reasonably suggests, that it:(a) has or may have provided the DFSAwith information which was or may have been false, misleading, incomplete or inaccurate; or(b) has or may have changed in a material particular.(2) Subject to (3), the notification in (1) must include details of the information which is or may be false or misleading, incomplete or inaccurate, or has or may have changed and an explanation why such information was or may have been provided and the correct information.(3) If the correct information in (2) cannot be submitted with the notification it must be submitted as soon as reasonably possible.
In the case of an
Insurerwhich is a Protected Cell Companyor an Incorporated Cell Company, an Insurermust advise the DFSAimmediately if it becomes aware of any actual or prospective significant change in the type or scale of the business conducted through a Cell, or in the ownership of the Cellshares of the Protected Cell Company or of an Incorporated Cell of the ICC.