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PIB 1.4.5 Guidance

The Schedule 3 procedures and the right of review by the FMT do not apply to the designation of a G-SIB under Rule 1.4.1 (see Rule 1.4.4(5)). This is because the DFSA, under Rule 1.4.1, will designate a bank as a G-SIB if it is included on the list of global systemically important banks published by the Financial Stability Board.

Derived from DFSA RM209/2017 (Made 25th October 2017). [VER30/01-18]