DFSA may require an Authorised Firm to:
(a) form a
Financial Group with any other entity within its Group; or
(b) include within its
Financial Group any other entity within its Group;
DFSA considers it necessary or desirable to do so in the interests of effective supervision of the Authorised Firm.
Authorised Firm may, for the purposes of this section, exclude from its Financial Group any entity the inclusion of which would be misleading or inappropriate for the purposes of Financial Group supervision, provided the Authorised Firm has obtained the DFSA's prior written approval.
Authorised Firm must provide to the DFSA, if requested, any of the following information in relation to its Group or Financial Group:
(a) details as to the entities within the
Group or Financial Group;
(b) the structure of the
Group or Financial Group; and
(c) the systems and controls in place to manage
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]