Entire Section

  • RPP 1-1 RPP 1-1 Purpose

    • RPP 1-1-1

      The purpose of the Regulatory Policy and Process (RPP) Sourcebook is to provide readers with an understanding of how the Dubai Financial Services Authority (DFSA) functions and operates and what we expect from the regulated community.

      Derived from DFSA GM8/2011 (Made 28th April 2011). [VER 1/02-11]

    • RPP 1-1-2

      The RPP contains:

      (a) statements of DFSA's regulatory policy;
      (b) descriptions of the regulatory processes that we follow when exercising our statutory powers;
      (c) information as to DFSA's risk based approach to authorisation, supervision and enforcement; and
      (d) information on matters which the DFSA may assess when considering to exercise specific discretionary powers. For example, this would include those matters which the DFSA may take into consideration when making an assessment of whether an Authorised Person or Authorised Individual is fit and proper.
      Derived from DFSA GM8/2011 (Made 28th April 2011). [VER 1/02-11]

    • RPP 1-1-3

      RPP is therefore relevant to a Person who is:

      (a) seeking to be authorised or registered by the DFSA;
      (b) al subject to applicable Laws, Rules and policies administered by the DFSA such as Authorised Persons (i.e. Authorised Firms or Authorised Market Institutions), Ancillary Service Providers, Auditors, Authorised Individuals, Principal Representatives and any other Persons subject to the DFSA's regulatory oversight; and
      (c) otherwise subject to the jurisdiction of the DFSA such as by reason of the DFSA's authority under delegated powers.
      Derived from DFSA GM8/2011 (Made 28th April 2011). [VER 1/02-11]
      Amended by Notice of Updates (Made 5th July 2012). July 2012 Edition

    • RPP 1-1-4

      RPP also concerns Persons who have made or intend to make:

      (a) an Offer of Securities; or
      (b) a Financial Promotion;

      in or from the DIFC.

      Derived from DFSA GM8/2011 (Made 28th April 2011). [VER 1/02-11]

    • RPP 1-1-5

      The types of Person mentioned above to whom RPP is relevant are not intended to be exhaustive.

      Derived from DFSA GM8/2011 (Made 28th April 2011). [VER 1/02-11]