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IFR 5.4.15

An Authorised FirmManaging a PSIA, which is an Unrestricted PSIA, must not have an Exposure to a Counterparty or to a group of Closely Related Counterparties or to a group of Connected Counterparties that exceeds any one of the following percentages of its Tier 1 Capital:

(a) 25% if financed by its Tier 1 Capital, Unrestricted PSIAs or a non-PSIA funding source; or
(b) 40% if financed by the total of its own Tier 1 Capital, Unrestricted PSIAs and a non-PSIA funding source.
Derived from DFSA RM69/2010 (Made 1st March 2010). [VER1/03-10]
[Amended] DFSA RM115/2012 (Made 15th October 2012). [VER5/12-12]
[Amended] DFSA RM294/2021 (Made 24th February 2021). [VER17/04-21]