Financial Group

A group of entities which includes an Authorised Firm and:

(a) any Parent incorporated in the DIFC;
(b) any Financial Institution subsidiaries (whether direct or indirect) of the Parent or Parents in (a) or of the Authorised Firm;
(c) any Financial Institution in which the Parent or Parents in (a), the Financial Institution subsidiaries in (b) or the Authorised Firm (whether direct or indirect) hold 20% or more of the voting rights or capital; and
(d) any entity which the DFSA directs the Authorised Firm to include in accordance with PIB Rule 8.1.2 or PIN Rule 8.1.2.
Derived from DFSA RM12/2004 (Made 16th September 2004). [VER1/09-04]
[Amended] DFSA RM46/2007 (Made 5th July 2007). [VER15/07-07]
[Amended] DFSA RM114/2012 (Made 15th October 2012). [VER28/12-12]