Entire Section

  • Referrals

    • RPP 5-3-9

      There are two types of referrals, internal and external. Internal referrals originate from the DFSA's supervisory activities conducted by the Supervision or Markets Division. The DFSA's supervisory framework is designed to detect and mitigate risks to the DIFC and the financial services industry in the DIFC. An internal referral occurs when a DFSA supervisory division refers a matter to the Enforcement Division, when the supervisory division has identified possible contraventions of Laws and Rules.

      Added by Notice of Updates (Made 23rd November 2014). November 2014 Edition

    • RPP 5-3-10

      When Enforcement receives an internal referral, the referring division may continue to be responsible for the on-going supervision of the Person who is the subject of the referral.

      Added by Notice of Updates (Made 23rd November 2014). November 2014 Edition

    • RPP 5-3-11

      The DFSA may also receive allegations of misconduct through an external referral from other regulatory authorities and law enforcement agencies. Such allegations are generally received pursuant to the IOSCO or IAIS Multilateral Memoranda of Understanding (MMoU), or bilateral arrangements for the exchange of information between the DFSA and other regulatory and enforcement agencies.

      Added by Notice of Updates (Made 23rd November 2014). November 2014 Edition