Every Authorised Person must keep Accounting Records which are sufficient to show and explain transactions and are such as to:
(a) be capable of disclosing the financial position of the Authorised Person on an ongoing basis; and
(b) record the financial position of the Authorised Person as at its financial year end.
Derived from DFSA RM01/2004
(Made 16th September 2004). [VER1/09-04]
[Amended] DFSA RM119/2013
(Made 14th July 2013). [VER33/07-13]