Entire Section

  • Exclusions

    • GEN 2.11.2

      A Person does not Advise on Financial Products by giving advice in any newspaper, journal, magazine, broadcast service or similar service in any medium if the principal purpose of the publication or service, taken as a whole, is neither:

      (a) that of giving advice of the kind mentioned in GEN Rule 2.11.1; nor
      (b) that of leading or enabling Persons to buy, sell, subscribe for or underwrite a particular financial product of the kind in GEN Rule 2.11.1(4).

      Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]
      [Amended] DFSA RM184/2016 (Made 7th December 2016). [VER38/02-17]

    • GEN 2.11.3

      A Person does not Advise on Financial Products if the activity:

      (a) is carried on in the course of providing legal or accountancy services, which do not otherwise consist of the carrying on of Financial Services;
      (b) may reasonably be regarded as a necessary part of any other services provided in the course of providing legal or accountancy services; and
      (c) is not remunerated separately from the other services.
      Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]
      [Amended] DFSA RM166/2016 (Made 10th February 2016). [VER36/04-16]
      [Amended] DFSA RM184/2016 (Made 7th December 2016). [VER38/02-17]