Where an Authorised Firm'sTrading BookExposure to a Counterparty or to a group of Closely RelatedCounterparties or to a group of Connected Counterparties, on its own or when added to any Non-Trading BookExposure, is likely to exceed 25% of its Tier 1 Capital, the Authorised Firm must immediately give the DFSA written notice, explaining the nature of its Trading BookExposure and seeking specific guidance from the DFSA regarding the prudential treatment of any such Exposure.
Derived from RM111/2012
(Made 15th October 2012). [VER20/12-12]
[Amended] DFSA RMI293/2021
(Made 24th February 2021). [VER38/04-21]