GEN 2.5.3 Guidance
1. Where an Authorised Firm is providing brokerage services pursuant to its Financial Service of Dealing in Investments as Agent , it may in the ordinary course of that business also be necessary to provide margin lending facilities to its Clients . In doing so the Authorised Firm will not be considered to be Providing Credit to its Client .
2. Where an Authorised Firm is Effecting Contracts of Insurance or Carrying Out Contracts of Insurance , it may in the ordinary course of that Insurance Business be necessary to provide an instalment contract to a Client with respect to the payment of an insurance premium. In doing so the Authorised Firm will not be considered to be Providing Credit to its Client.
[Added] DFSA RMI201/2017 (Made 14th June 2017). [VER40/08-17]