W 22/05 PIB — Banque MeesPierson BGL SA
|To||Banque MeesPierson BGL SA|
|Address||The Gate Building, 5th Floor – East Wing, PO Box 211104, Dubai - UAE|
|DFSA Firm Reference No.||10014|
|Notice No.||W 22/05|
THE DFSA HEREBY GIVES NOTICE THAT:
The Rules specified in the table herein do not apply to the above mentioned Person.
This notice is issued by the DFSA under Article 25 of the Regulatory Law 2004.
Effective Date: This notice comes into effect on 6 September 2005 and expires on 6 September 2007 or the date on which any rule specified herein is amended, which ever is the earlier.
The Rules waived are set out in the table below.
|PIB/VER1/255/09-04||PIB rule 1.2.1|
|PIB/VER1/255/09-04||PIB Rules 1.4.1 to 1.4.3 (inclusive)|
|PIB/VER1/255/09-04||PIB Rules 2.1.1 to 2.10.4 (inclusive)|
The waivers in respect of the Rules specified above remain in effect for the duration of the period set out above on condition that Banque MeesPierson BGL SA submits to the DFSA a copy of the Swiss Federal Banking Commission’s (SFBC’s) Capital Adequacy Summary every six months; to be submitted to the DFSA within ten business days of the due date to the SFBC.
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 :||6 September 2005|