Entire Section

  • GEN 4.4 GEN 4.4 The Principles for Authorised Individuals

    • Principle 1 — Integrity

      • GEN 4.4.1

        An Authorised Individual must observe high standards of integrity and fair dealing in carrying out every Licensed Function.


        Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]

    • Principle 2 — Due skill, care and diligence

      • GEN 4.4.2

        An Authorised Individual must act with due skill, care and diligence in carrying out every Licensed Function.


        Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]

    • Principle 3 — Market conduct

      • GEN 4.4.3

        An Authorised Individual must observe proper standards of conduct in financial markets in carrying out every Licensed Function.


        Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]

    • Principle 4 — Relations with the DFSA

      • GEN 4.4.4

        An Authorised Individual must deal with the DFSA in an open and co-operative manner and must disclose appropriately any information of which the DFSA would reasonably be expected to be notified.


        Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]

    • Principle 5 — Management, systems and control

      • GEN 4.4.5

        An Authorised Individual who has significant responsibility must take reasonable care to ensure that the business of the Authorised Firm for which he is responsible is organised so that it can be managed and controlled effectively.


        Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]

    • Principle 6 — Compliance

      • GEN 4.4.6

        An Authorised Individual who has significant responsibility must take reasonable care to ensure that the business of the Authorised Firm for which he is responsible complies with any legislation applicable in the DIFC.


        Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]