Entire Section

  • FPR 9.4 FPR 9.4 Exercise of DFSA's powers at the request of another authority

    • FPR 9.4.1

      This section applies if the DFSA is the Home Regulator or Host Regulator of a Passported Fund.

      Derived from RMI233/2019 (Made 20th February 2019). [VER1/02-19]

    • FPR 9.4.2

      The DFSA's powers may be exercised at the request of, or for the purpose of assisting, another Authority in relation to a Passported Fund.

      Derived from RMI233/2019 (Made 20th February 2019). [VER1/02-19]

    • FPR 9.4.3

      If a request has been submitted to the DFSA to exercise its powers under these Rules, the DFSA will, in deciding whether or not to exercise those powers in response to the request, consider whether it is necessary and permitted under applicable law to do so.

      Derived from RMI233/2019 (Made 20th February 2019). [VER1/02-19]

    • FPR 9.4.4

      In deciding whether or not to exercise its powers, the DFSA may take into account factors including, but not limited to, the following:

      (a) whether the case concerns the breach of a law, or other requirements, in the DIFC;
      (b) the seriousness of the case and its importance in the public interest to give the assistance sought; and
      (c) whether it would further one or more of the DFSA's statutory objectives.
      Derived from RMI233/2019 (Made 20th February 2019). [VER1/02-19]

    • FPR 9.4.5

      Nothing in this section limits any other powers that DFSA may exercise at the request of, or for the purpose of assisting, another Authority.

      Derived from RMI233/2019 (Made 20th February 2019). [VER1/02-19]