84I. Conditions for Exercise of Early Intervention Powers

The DFSA may exercise one or more of its powers specified in Article 84J (the “Early Intervention Powers”) in relation to an Authorised Firm where it considers that:

(a) an Authorised Firm’s liquidity or solvency is impaired, or may soon be impaired unless there is a major improvement in its financial resources, assets, leverage exposures, risk profile, business model, risk management systems and controls, or quality of its governance and management;
(b) one or more indicators in the Authorised Firm’s Recovery Plan for taking action to restore its financial position are met; or
(c) it is otherwise necessary and desirable to meet the DFSA’s objectives.