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  • Reporting of Information About Transactions And Rates of Fraud

    • PIB 6.13.7

      An Authorised Firm must provide the following information to the DFSA at least quarterly:

      (a) rates of fraud or suspected fraud;
      (b) the total value of fraudulent transactions and the total value of all payment transactions;
      (c) the number of payment transactions and the average transaction value; and
      (d) a breakdown by percentage of transactions initiated through SCA and transactions initiated through each exception to the SCA requirements.
      Derived from DFSA RMI270/2020 (Made 26th February 2020). [VER36/04-20]