The assets referred to in PIN Rule 9.4.2 must be made available in one of the following two manners or in a combination of those two manners:
(a) assets of a type described in PIN Rule 4.7.3 may be deposited with a custodian nominated or approved in writing by the
(b) a financial institution nominated or approved in writing by the
DFSA may issue a confirmed letter of credit in favour of the DFSA, for the amount of the assets required to be made available.
Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]