[ U ] [ U ] [U.A.E.—Unrestricted Profit Sharing Account]
United Arab Emirates.
Has the meaning given in CIR Rule 3.1.10
Body Corporateor Partnership; or(b) an unincorporated association carrying on a trade or business, with or without a view to profit.
An arrangement under which a party agrees to buy, before issue, a specified quantity of
Securitiesin an issue of Securitieson a given date at a given price, if no other party has purchased or acquired them.
Has the meaning given in GEN Rule A2.2.1(e).
In relation to a
Fund, means any holder of a Unitin the Fundor of any right or interest in such a Unit, and whose name is entered on the Fund'sregister in relation to that Unit.[Added][VER8/04-06]
[Amended] DFSA RM56/2008 (Made 1st July 2008). [VER17/07-08]
Unrestricted Profit Sharing Investment Account
PSIAin respect of which the investment account holder authorises the Authorised Firmto invest the account holder's funds in a manner which the Authorised Firmdeems appropriate without laying down any restrictions as to where, how and for what purpose the funds should be invested.
Unsettled Transaction [Deleted][Deleted] DFSA RM114/2012 (Made 15th October 2012). [VER28/12-12]
Generally Accepted Accounting Principles as issued and amended from time to time by the Financial Accounting Standards Board in the United States.[Added] DFSA RM143/2014 (Made 21st August 2014). [VER31/06-14]
In relation to Providing Money Services or Arranging or Advising on Money Services, means a Client using that service and includes, in relation to a Payment Service, a Person acting in the capacity of payer, payee or both.Derived from DFSA RMI269/2020 (Made 26th February 2020). [VER47/04-20]