Back Custom print Link Text Only Rich Text Print

Entire Section

  • PIB 2.3 PIB 2.3 Reporting to the DFSA

    • PIB 2.3.1

      (1) An Authorised Firm must comply with the accounting and prudential reporting requirements set out in this chapter and PRU which apply to it.
      (2) The DFSA may impose additional reporting requirements on an Authorised Firm.
      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]

    • PIB 2.3.2 PIB 2.3.2

      An Authorised Firm must, subject to PIB Rule 2.3.3:

      (a) prepare its returns in accordance with the Rules in this chapter, the instructional guidelines in PRU, and the requirements of the DFSA's electronic prudential reporting system; and
      (b) submit the returns to the DFSA using the electronic prudential reporting system.
      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]

      • PIB 2.3.2 Guidance

        The returns and instructional guidelines are provided in PRU and the DFSA's electronic prudential reporting system.

        Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]

    • PIB 2.3.3

      The DFSA may by way of a written notice direct an Authorised Firm to submit its returns in a form, manner or frequency other than as prescribed in PIB Rule 2.3.2. An Authorised Firm must continue to submit its returns in accordance with this direction until the DFSA by way of written notice directs otherwise.

      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]

    • PIB 2.3.4

      (1) The submission of any return must be accompanied by a Form B100 (Declaration by Authorised Firms) signed by the Authorised Firm in the manner set out in (2) or (3) as applicable.
      (2) In relation to an annual return the form must be signed by two officers of the Authorised Firm each of whom is a Director, Partner or individual previously approved by the DFSA for that purpose.
      (3) In relation to a quarterly return the form must be signed by one officer of the Authorised Firm who is a Director, Partner or individual previously approved by the DFSA for that purpose.
      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]

    • PIB 2.3.5

      An original signed hard copy of Form B100 (Declaration by Authorised Firms), together with a copy of the return submitted to the DFSA must be kept for at least 6 years for inspection by the DFSA.

      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]

    • PIB 2.3.6

      If the DFSA notifies an Authorised Firm, or the Authorised Firm itself forms the view, that a return that has been submitted to the DFSA appears to be inaccurate or incomplete, the Authorised Firm must consider the matter and within a reasonable time it must correct any inaccuracies and make good any omissions, and re-submit the relevant parts of the return.

      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]

    • PIB 2.3.7

      (1) An Authorised Firm must prepare and submit returns in accordance with Table 1 in section A2.4 of PIB App2, which forms part of these Rules.
      (2) All returns must be completed in thousands of dollars ($).
      (3) The requirement in (1) does not apply to an Authorised Firm if the only Financial Service it carries on is Managing a Venture Capital Fund.
      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
      [Amended] DFSA RM135/2014 (Made 21st August 2014). [VER22/06-14]
      [Added] DFSA RMI281/2020 (Made 28th October 2020). [VER37/11-20]

    • PIB 2.3.8

      (1) An Authorised Firm must submit to the DFSA any annual return required by Table 1 in PIB section A2.4 of PIB App2, within four months of the end of the Authorised Firm's financial year.
      (2) An Authorised Firm must submit to the DFSA any other return required by Table 1 in PIB section A2.4 of PIB App2, within one month after the end of the reporting period to which the return relates.
      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
      [Amended] DFSA RM135/2014 (Made 21st August 2014). [VER22/06-14]

    • PIB 2.3.9 PIB 2.3.9 [Deleted]

      [Deleted] DFSA RM209/2017 (Made 4th July 2017). [VER28/08-17]

      • PIB 2.3.9 Guidance [Deleted]

        [Deleted] DFSA RM209/2017 (Made 25th October 2017). [VER30/01-18]