[ E ] [ E ] [Effecting Contracts of Insurance—External Fund Manager]
Effecting Contracts of Insurance
Has the meaning given in GEN section 2.15.
Bank;(b) a legal entity that is authorised to accept deposits and supervised by the Central Bankof the State; or(c) a legal entity that is:(i) authorised to accept deposits and supervised by a Financial Services Regulatorin a jurisdiction outside the State; and(ii) Rated at least A- by Standard & Poor's, or the equivalent by another Rating Agency.Derived from DFSA RM12/2004 (Made 16th September 2004). [VER1/09-04]
[Amended] DFSA RM180/2016 (Made 19th June 2016) [VER36/08-16]
Has the meaning given in CIR Rule 8.2.4
Eligible Person [Deleted][Deleted] DFSA RM56/2008 (Made 1st July 2008). [VER17/07-08]
Share, Debenture, Certificateover a Shareor Debenture, Warrantover a Shareor Debentureor a Unitthat is a share representing the rights or interests of a Unitholderin a Fund.
An individual:(a) who is employed or appointed by a
Personin connection with that Person'sbusiness, whether under a contract of service or for services or otherwise; or(b) whose services, under an arrangement between that Personand a third party, are placed at the disposal and under the control of that Person.
Employee Money Purchase Scheme
Has the meaning given in Schedule 1 to the Regulatory Law.[Added]DFSA RM262/2019 (Made 18th December 2019). [VER46/01-20]
Employee Share Scheme
A scheme or arrangement for encouraging or facilitating the holding of Securities of a Body Corporate by or for the benefit of:(a) existing or former Employees of the Body Corporate or an entity in its Group; or(b) Close Relatives of the Employees referred to in (a).Derived from DFSA RMI269/2020 (Made 26th February 2020). [VER47/04-20]
The DIFC Employment Law 2019.
The Regulations made under the DIFC Employment Law as amended from time to time.[Added]DFSA RM262/2019 (Made 18th December 2019). [VER46/01-20]
Enforceable Undertaking [Deleted]
Enforcement Decisions Committee [Deleted]
Equity Risk Capital Requirement
A component of the
Market Risk Capital Requirement, calculated in accordance with PIB section 5.5.
Exchange Traded Fund.
ETF Fund Manager
Fund Managerof an ETF.
In relation to an:(a)
Authorised Market Institution, has the meaning given in AMI Rule 6.6.1; and(b) Authorised Firm, has the meaning given in COB Rule 9.6.5(3)[Added] DFSA RM124/2013 (Made 13th June 2013) [VER30/07-13]
Authorised Market Institutionwhich is authorised under its Licenceto carry on the Financial Serviceof Operating an Exchange.[Added] DFSA RM19/2005 (as from 19th April 2005). [VER3/04-05]
Exchange Traded Fund
Has the meaning given in CIR Rule 3.1.12.
(In relation to a transaction) carry into effect or perform the transaction, whether as principal or as agent, including instructing another
Personto execute the transaction.
Execution — Only Transaction
Transactionexecuted by an Authorised Firmupon the specific instructions of a Clientwhere the Authorised Firmdoes not give advice of the kind prescribed under GEN Rule 2.11.1 in relation to the Transactionand where, in the case only of Units, the Authorised Firmhas not Offeredthose particular Unitsto that Person.[Added] DFSA RM56/2008 (Made 1st July 2008). [VER17/07-08]
Communications referred to in MKT Rule 2.2.1.
Has the meaning given in Article 16(4) of the Collective Investment Law 2010.[Added] DFSA RM143/2014 (Made 21st August 2014). [VER31/06-14]
Exempt Offer [Deleted][Deleted] DFSA RM91/2012 (Made 14th June 2012). [VER26/06-12]
Exempt Offeror [Deleted][Deleted] DFSA RM91/2012 (Made 14th June 2012). [VER26/06-12]
Offers prescribed in MKT Rule 2.3.1.
Exempt Property Fund
Property Fundthat is also an Exempt Fund.[Added] RM162/2015 (Made 9th December 2015). [VER34/02-16]
In the case of
Securitiesother than Units, Securitiesprescribed in MKT Rule 2.4.1.
In the case of
Units, those prescribed in Rule 6.3.3.
Expenditure Based Capital Minimum
A capital requirement calculated in accordance with PIB section 3.7.
The maximum loss that an
Authorised Firm(and, where applicable, its PSIAholders) might suffer as a result of the default or failure of a Counterparty, or a group of Closely Related Counterpartiesor an issuer or group of Closely Relatedissuers.
Has the meaning given in Article 14 of the Collective Investment Law 2010.[Added] DFSA RM72/2010 (Made 11th July 2010) [VER23/07-10]