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RMI 322/2021 Prudential – Investment, Insurance Intermediation and Banking Business Module (PIB) Rule-Making Instrument (No. 322) 2021

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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, hereby make the Rules in the appendix to this instrument. The appendix to this instrument also contains the guidance made by the Chief Executive in the exercise of the powers conferred on him under the Regulatory Law 2004.

Commencement:

(1) This instrument is made on 27 October 2021 and shall come into force on 1 January 2022.

Amendments to Modules:

(2) The Prudential – Investment, Insurance Intermediation and Banking Business Module (PIB) – (PIB/VER40/10-21) is repealed and replaced by Appendix 1 to this instrument and may be identified by the following reference – (PIB/VER41/01-22).

Citation

(3) This instrument may be cited as the Prudential – Investment, Insurance Intermediation and Banking Business Module Rule-making Instrument (No. 322) 2021.
(4) Appendix 1 to this instrument may be cited as the Prudential – Investment, Insurance Intermediation and Banking Business Module or PIB.

By Order of the Board

Fadel Al Ali
Chairman
          Christopher Calabia
Chairman Chief Executive

27 October 2021

RMI 322/2021