Entire Section

  • PIN 6.5 PIN 6.5 Submission of Returns to the DFSA

    • PIN 6.5.1

      Subject to PIN Rule 6.5.2, an Authorised Firm must, submit its Annual Regulatory Return in writing to the DFSA within four months of the Insurer's reporting date to:

      Supervision Division
      DFSA
      Level 13, The Gate
      PO Box 75850
      Dubai, United Arab Emirates

      Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
      [Amended] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]

    • PIN 6.5.2 PIN 6.5.2

      An Authorised Firm must, prepare and submit its Annual Regulatory Return in the following manner:

      (a) the Annual Regulatory Return, excepting the parts of the Annual Regulatory Return referred to in (b) and (c), must be submitted to the DFSA using the electronic prudential reporting system:
      (i) in accordance with any instructions set out in the notice and any instructions provided through such a system or specified in PIN App10 and PRU; and
      (ii) within four months of the Insurer's reporting date;
      (b) the Statement by Directors need not be submitted to the DFSA, but must be signed and a copy maintained in accordance with Rules PIN 6.5.3 and PIN 6.5.4; and
      (c) the Global Return for a Branch must be submitted in the manner provided in Rule PIN 6.5.1.
      [Added] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]
      [Amended] DFSA RM54/2007 (Made 1st December 2007). [VER9/12-07]
      [Amended] DFSA RM128/2013 (Made 14th July 2013). [VER13/07-13]

      • PIN 6.5.2 Guidance

        The Returns and instructional guidelines are provided in PIN App10, PRU and the DFSA's electronic prudential reporting system.

        [Added] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]

    • PIN 6.5.3

      The Statement by Directors forming part of the Annual Regulatory Return must be signed before the time of submission by:

      (a) the Senior Executive Officer; and
      (b) a Director of the Insurer not being the Person in (a).
      Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
      [Amended] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]
      [Amended] DFSA RM54/2007 (Made 1st December 2007). [VER9/12-07]

    • PIN 6.5.4

      An original signed hard copy of the Statement by Directors together with a copy of the Annual Regulatory Return submitted to the DFSA using the DFSA’s electronic prudential reporting system, must be kept for at least 6 years for inspection by the DFSA.

      [Added] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]
      [Amended] DFSA RM54/2007 (Made 1st December 2007). [VER9/12-07]

    • PIN 6.5.5

      The auditor's report on the Annual Regulatory Return, and any actuarial report prepared as at the reporting date in accordance with section PIN 7.2 or PIN 7.3, must be submitted in writing by the Insurer with the DFSA within four months of the Insurer's reporting date.

      [Added] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]

    • PIN 6.5.6

      An auditor's report or an actuarial report submitted to the DFSA must be signed by the auditor or the Actuary preparing that report.

      Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
      [Amended] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]

    • PIN 6.5.7

      Subject to PIN Rule 6.5.8, an Authorised Firm must, submit its Quarterly Regulatory Return in writing to the DFSA within one month of the end of each period in respect of which the Insurer is required to prepare a Quarterly Regulatory Return to:

      Supervision Division
      DFSA
      Level 13, The Gate
      PO Box 75850
      Dubai, United Arab Emirates

      [Added] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]
      [Amended] DFSA RM136/2014 (Made 21st August 2014). [VER14/06-14]

    • PIN 6.5.8 PIN 6.5.8

      An Authorised Firm must, prepare and submit its Quarterly Regulatory Return in the following manner:

      (a) the Quarterly Regulatory Return, excepting the parts of the Quarterly Regulatory Return referred to in (b) and (c), must be submitted to the DFSA using the DFSA's electronic prudential reporting system:
      (i) in accordance with any instructions set out in the notice and any instructions provided through such a system or specified in PIN App10 and PRU; and
      (ii) within one month of the Insurer'sreporting date;
      (b) the Statement by Directors must be signed and a copy maintained in accordance with Rules PIN 6.5.9 and PIN 6.5.10; and
      (c) the Global Return for a Branch must be submitted in the manner provided in Rule PIN 6.5.7.
      Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
      [Amended] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]
      [Amended] DFSA RM54/2007 (Made 1st December 2007). [VER9/12-07]
      [Amended] DFSA RM128/2013 (Made 14th July 2013). [VER13/07-13]
      [Amended] DFSA RM136/2014 (Made 21st August 2014). [VER14/06-14]

      • PIN 6.5.8 Guidance

        The Returns and instructional guidelines are provided in PIN App10, PRU and the DFSA's electronic prudential reporting system.

        [Added] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]

    • PIN 6.5.9

      The Statement by Directors forming part of the Quarterly Regulatory Return must be signed before the time of submission by:

      (a) if the Insurer is a DIFC Incorporated Insurer, one Director of the Insurer; or
      (b) if the Insurer is not a DIFC Incorporated Insurer, the Senior Executive Officer and, if that Person is not a Director, one Director of the Insurer.
      Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
      [Amended] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]
      [Amended] DFSA RM54/2007 (Made 1st December 2007). [VER9/12-07]

    • PIN 6.5.10

      An original signed hard copy of the Statement by Directors together with a copy of the Quarterly Regulatory Return submitted to the DFSA using the DFSA's electronic prudential reporting system, must be kept for at least 6 years for inspection by the DFSA.

      [Added] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]
      [Amended] DFSA RM54/2007 (Made 1st December 2007). [VER9/12-07]

    • PIN 6.5.11

      If within 24 months of the date that an Annual Regulatory Return or Quarterly Regulatory Return is submitted to the DFSA, the DFSA notifies the Insurer that a Return appears to be inaccurate or incomplete, the Insurer must consider the matter and within one month of the date of notification it must correct any inaccuracies and make good any omissions and re-submit the relevant parts of the Return.

      Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
      [Amended] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]

    • PIN 6.5.12 PIN 6.5.12

      An Insurer must submit, at the same time as every Annual Regulatory Return of that Insurer or as soon as practicable thereafter, any report on the affairs of the Insurer submitted to the shareholders or policyholders of the Insurer in respect of the reporting period to which the Annual Regulatory Return relates.

      Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
      [Amended] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]

      • [Deleted]

        [Deleted] DFSA RM51/2007 (Made 1st November 2007). [VER8/11-07]

    • PIN 6.5.13 PIN 6.5.13 [Deleted]

      [Deleted] DFSA RM199/2017 (Made 19th April 2017). [VER15/01-18]

      • PIN 6.5.13 Guidance

        Derived from DFSA RM128/2013 (Made 14th July 2013). [VER13/07-13]
        [Amended] DFSA RM199/2017 (Made 19th April 2017). [VER15/01-18]