COB 4.4 Guidance

Past version: effective from 01/02/2021 - 31/01/2021
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Article 136 of the DIFC Insolvency Law 2019 gives the DFSA a power to modify the application of provisions of that law and the Regulations made for the purposes of it in particular cases or classes of case. It permits the DFSA to make Rules which provide for the orderly conduct of affairs or winding up of an Authorised Firm and to prescribe procedures and priorities for dealing with assets of the Authorised Firm or other persons in the event of pending or actual insolvency or other default.

[Added] DFSA RM144/2014 (Made 24th August 2014). [VER23/08-14]
[Amended] DFSA RMI289/2020 (Made 16th December 2020). [VER37/02-21]