RPP 3-2-21

There are also a number of trigger events which may affect the frequency of a risk assessment and the Authorised Firm's overall risk classification. Examples include:

(a) a notification from a non-DIFC regulator or other authority of an issue concerning the Authorised Firm or its Group;
(b) a material change in an Authorised Firm's business and new business activities;
(c) a change in the Authorised Firm's Controllers;
(d) an Authorised Firm's development of high risk products or business lines;
(e) an Authorised Firm's development of business areas with characteristics such as unusual profitability;
(f) an Authorised Firm's appointment of new personnel in key business areas;
(g) an Authorised Firm's acquisition of new or revised information systems or new technology;
(h) a rapid growth in specific areas of activity of an Authorised Firm;
(i) an Authorised Firm's corporate restructuring, merger or acquisitions;
(j) an Authorised Firm's expansion or acquisition of non-DIFC operations including the impact of changes in related economic and regulatory environments; or
(k) the DFSA's response to industry-wide concerns or themes.
Derived from DFSA GM8/2011 (Made 28th April 2011). [VER 1/02-11]