RPP 2-5-7

Applicants who wish to establish a start-up Bank in the DIFC should consider carefully the implications of the absence of a central bank in the DIFC. For example, the DFSA would expect applicants to address how this fact would affect their:

(a) business plan, including any impact on current or prospective credit ratings;
(b) adequacy of capital and capital management plan;
(c) plans for liquidity management; and
(d) ability to deal with stressed situations, including a resolution plan.
Derived from Notice of Updates (Made 23rd January 2017). February 2017 Edition