Entire Section

  • Disclosure of Decisions

    • DMC

      • RPP 5-17-9

        The DFSA will generally make public any decision made by the DMC, and will do so in a timely manner after any relevant period to institute a referral of the decision to the FMT has expired or when a matter is referred to the FMT (see RPP 15-17-11).

        Added by Notice of Updates (Made 23rd November 2014). November 2014 Edition
        Amended by Notice of Updates (Made 11th February 2020). February 2020 Edition

      • RPP 5-17-10

        [deleted]

        Added by Notice of Updates (Made 23rd November 2014). November 2014 Edition
        Amended by Notice of Updates (Made 11th February 2020). February 2020 Edition

      • RPP 5-17-11

        If the affected Person exercises its right of referral then, as required by Article 29 of the Regulatory Law, the DFSA will publish appropriate information about the decision which has been referred to the FMT unless publication would, in the DFSA’s opinion, be prejudicial to the interests of the DIFC or the FMT has made an order that such information should not be published. When the referral has been heard and determined, or the FMT proceedings have otherwise come to an end, the DFSA expects to publish information about the outcome of those proceedings (subject only to the FMT ordering otherwise — see 5-17-12).

        Added by Notice of Updates (Made 23rd November 2014). November 2014 Edition
        Amended by Notice of Updates (Made 11th February 2020). February 2020 Edition

    • FMT or a court decision

      • RPP 5-17-12

        The Regulatory Law requires all FMT hearings to be heard in public unless the FMT orders otherwise or its rules of procedure provide otherwise. The FMT may exercise its discretion not to make public any decisions it may make. Where it does determine to publish a decision or interim decision, the FMT will publish these on the DFSA website. Following hearings and decisions by the FMT, the DFSA expects to make timely public disclosure of the FMT's decisions, including any interim decisions, unless otherwise ordered.

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

      • RPP 5-17-13

        Decisions made by the courts will be published by the DFSA in a timely manner, unless ordered otherwise.

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

      • RPP 5-17-14

        This approach is adopted on the basis that any delay in disclosure may hinder and unfairly prejudice the DFSA in achieving some of its primary objectives. For example, non-disclosure may potentially prejudice users and prospective users of financial services in the DIFC if they are acting unaware of facts known in the enforcement action.

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