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84C. Rules for the Purposes of this Part

The DFSA may make Rules for the purposes of this Part, including Rules relating to:

(a) the class of Authorised Firms to whom this Part applies;
(b) Recovery or Resolution Plans;
(c) Resolvability Assessments;
(d) the holding and maintenance of Loss Absorbing Capacity;
(e) the Resolution Powers and Resolution Tools;
(f) the appointment of independent valuers and the valuations required under this Part;
(g) the recognition of resolution action taken in other jurisdictions;
(h) the effect of action taken under this Part on provisions in agreements or contracts;
(i) the notification of events relevant to the DFSA’s exercise of its powers under this Part;
(j) the conditions and procedures relating to the DFSA exercising any powers under this Part; and
(k) any other matter necessary or incidental to give effect to this Part.