Entire Section

  • Approval of other types of HQLA

    • PIB A9.2.9 PIB A9.2.9

      (1) The DFSA may approve other types of assets (in addition to those specified in Rules PIB A9.2.6 to PIB A9.2.8) as being eligible to be included in the stock of HQLA for the purposes of the calculation of the LCR.
      (2) If the DFSA approves assets under (1), it must specify whether they are to be classified as Level 1 HQLA or Level 2 HQLA and the haircut, if any, to be applied to them.
      [Added] DFSA RM148/2014 (Made 1st January 2015). [VER23/01-15]

      • PIB A9.2.9 Guidance

        The DFSA may use its discretion under PIB Rule A9.2.9 to approve other types of assets as HQLA including, but not limited to, Shar'iah compliant financial products. When the DFSA approves assets it may define the conditions that the assets must satisfy to be treated as HQLA. It must specify whether the assets are to be treated as Level 1 HQLA or Level 2A or 2B HQLA.

        [Added] DFSA RM148/2014 (Made 1st January 2015). [VER23/01-15]