RPP 9-4-3

When considering an application, the DFSA attempts to weigh the net regulatory benefit or detriment which would flow from granting the sought relief on the conditions proposed. The DFSA will generally grant relief where:

(a) it considers that there is a net regulatory benefit; or
(b) the regulatory detriment is minimal as the relief sought does not conflict with the policy intent of the Rule and the associated risks are adequately mitigated.
Derived from Notice of Updates (Made 11th February 2015). February 2015 Edition