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W 13/05 COB — Credit Suisse

This Notice expired on 31st August 2005.




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MODIFICATION NOTICE

To Credit Suisse
Address The Gate Building, 9th Floor East, DIFC, PO Box 33660, Dubai, UAE
DFSA Firm Reference No. 10011
Notice No. W 13/05

THE DFSA HEREBY GIVES NOTICE THAT:

The Rules specified in the table herein do not apply to the above mentioned Person in the form appearing in the Rulebook but instead apply to that Person in the modified form prescribed in that table below.

This notice is issued by the DFSA under Article 25 of the Regulatory Law 2004.

Effective date: This notice comes into effect on 1 June 2005 and expires on 31 August 2005 or the date on which any rule specified herein is amended, which ever is the earlier.

RULES MODIFIED

The Rules listed in the left hand column of the table below are modified as shown in the right hand column of the table. In this table, underlining indicates new text and striking through indicates deleted text.

The version of Rules to which this notice relates is COB/VER1/261/09-04.

Rule Modified Text
COB 3.2.2
(3) A Client includes a Person who:
(a) is an existing Client who has been previously serviced by Credit Suisse’s Dubai Representative Office; and
(b) is an individual who has at least $1 million in liquid assets.

CONDITIONS

The modifications in respect of the Rules specified above remain in effect for the duration of the period set out above on condition that Credit Suisse reports to the DFSA on each of 9 June, 23 June, 7 July, 21 July, 4 August and 18 August 2005 on its progress in obtaining the required Client documentation.

INTERPRETATION

The provisions in this notice are to be construed in accordance with GEN section 6.2 as if these provisions are provisions of the Rulebook.

Defined terms are identified in this notice by the capitalisation of the initial letter of a word or of each word in a phrase and are defined in the Glossary (GLO). Unless the context otherwise requires, where capitalisation of the initial letter is not used, an expression has its natural meaning.

This notice was issued by:

Name : David Knott
Position : Chief Executive
Date : June 01 2005