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13 December 2007 — EPRS Notification

TAKE NOTICE THAT:

Pursuant to PIB Rule 1.6.2,

Authorised Firms which are subject to the Rules in PIB are required to:

(a) submit their solo prudential returns as per table 3 in PIB, for any reporting period ending on or after December 31, 2007, using the electronic prudential reporting system; and
(b) continue to submit their consolidated prudential returns, as per table 3 in PIB, when applicable, using the paper-based forms specified in the PRU module of the DFSA Sourcebook.

Pursuant to PIN Rules 6.5.2 and 6.5.8,

Authorised Firms which are subject to the Rules in PIN and authorised to operate as Insurers in the DIFC are required to continue to submit their Annual and Quarterly Regulatory Returns, as defined in Appendix 10 of PIN, for any reporting period ending on or after December 31, 2007, using the electronic prudential reporting system.

TAKE FURTHER NOTICE THAT:

Authorised Firms Licensed from 15 November 2007 to 31 December 2007 inclusive will be permitted additional time to get acquainted with the EPRS and, accordingly, such firms are required to submit the relevant prudential returns, in accordance with the first part of this notice, for any reporting period ending on or after 1 February 2008. Firms will be contacted by their relationship manager who will provide them with the required information and passwords.

David Knott Chief Executive

Issued on 13 December 2007