PIB 3.2.5

(1) An Authorised Firm must have systems and controls to enable it to determine and monitor:
(a) its Capital Requirement; and
(b) whether the amount of its Capital Resources is, and is likely to remain, greater than the amount of its Capital Requirement.
(2) Such systems and controls must include an analysis of:
(a) realistic scenarios which are relevant to the circumstances of the Authorised Firm; and
(b) the effects on the Capital Requirement of the Authorised Firm and on its Capital Resources if those scenarios occurred.
(3) An Authorised Firm must notify the DFSA immediately and confirm in writing any breach, or expected breach, of any of the provisions of this chapter by the Authorised Firm.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]