Versions

 

RM46/2007 Insurance Prudential Regime 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 published the Rules for consultation in accordance with Article 24 of the Regulatory Law 2004, hereby make the rules in the Annexes to this instrument. The Annexes to this instrument also contain the guidance made by the Chief Executive in the exercise of the powers conferred on him under the Regulatory Law 2004.

Commencement

This instrument shall come into force on the 5 July 2007.

Amendments to Rulebook Modules

(1) Conduct of Business Module (COB) — COB/VER10/06-07 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 — COB/VER11/07-07.
(2) General Module (GEN) — GEN/VER14/06-07 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 — GEN/VER15/07-07.
(3) Prudential — Investment, Insurance Intermediation and Banking Business Module (PIB) — PIB/VER9/06-07 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 — PIB/VER10/07-07.
(4) Prudential — Insurance Business Module (PIN) — PIN/VER5/06-07 is amended in accordance with Annex DAnnex D to this instrument and the Module as amended by this instrument may be identified by the following reference — PIN/VER6/07-07.
(5) Glossary Module (GLO) — GLO/VER14/06-07 is amended in accordance with Annex EAnnex E to this instrument and the Module as amended by this instrument may be identified by the following reference — GLO/VER15/07-07.

Citation

(6) This instrument may be cited as the Insurance Prudential Regime Rules Instrument 2007.

By Order of the Board

Mr Abdullah Saleh
Chairman

David Knott
Chief Executive

June 2007
RM 46/2007