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RM44/2007 PRU Decoupling Rules Instrument 2007

The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 23 of the Regulatory Law 2004 and having concluded that it would be prejudicial to the interests of the Dubai International Financial Centre to delay the making of these rules in order to allow public consultation to be undertaken in respect of certain rules, hereby make the rules in the Annexes to this instrument.

Commencement

This instrument shall come into force on the 1st June 2007.

Amendments to Modules

(1) The Prudential Returns Module (PRU) — PRU/VER1/06-06 is amended in accordance with Annex AAnnex A to this instrument and the Module as amended by this instrument may be identified by the following reference — PRU/VER2/06-07.
(2) The Prudential — Insurance Business Module (PIN) — PIN/VER4/02- 07 is amended in accordance with Annex BAnnex B to this instrument and the Module as amended by this instrument may be identified by the following reference — PIN/VER5/06-07.
(3) The Glossary Module (GLO) — GLO/VER13/02-07 is amended in accordance with Annex CAnnex C to this instrument and the Module as amended by this instrument may be identified by the following reference — GLO/VER14/06-07.

Citation

(4) This instrument may be cited as the PRU Decoupling Rules Instrument 2007.

By Order of the Board
Mr Abdullah Saleh
Chairman

May 2007
RM 44/2007