Past version: effective from 01/07/2008 - 31/03/2020
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Authorised Firm may, subject to (2), Provide Credit to a:
Professional Client; and
Retail Client, but only where:
Retail Client is an Undertaking; and
Credit Facility is provided to the Retail Client for a business purpose.
Authorised Firm, in the course of Providing Credit, must not:
Provide Credit in the U.A.E. Dirham; or
(b) undertake currency or foreign exchange transactions involving the U.A.E. Dirham.
Derived from DFSA RM56/2008 (Made 1st July 2008). [VER14/07-08]