W403/2015 MKT — IFC and IFC Sukuk Company
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MODIFICATION NOTICE
| To | IFC and IFC Sukuk Company |
| Address |
International Finance Corporation 2121 Pennsylvania Ave NW Washington, DC 20433 |
| DFSA Firm Reference No. | F003410 |
| Notice No. | W403/2015 |
THE DFSA HEREBY GIVES NOTICE THAT:
The Rules specified in the left hand column of the table herein do not apply to the above mentioned Person in the form appearing in the Rulebook but instead apply as modified in the right hand column of the table.
RULES MODIFIED
The Rules specified in the left hand column are modified to the extent shown in the right hand column of the table below. In this table, underlining indicates new text and striking through indicates deleted text, otherwise the Rule remains unaltered. Where a significant number of the paragraphs of the Rule remain un-altered the entire Rule may not be reproduced in the table. In such circumstances the un-altered parts of the Rule will be referred to by the relevant identifying paragraph number or letter, as the case may be.
| Rule | Modified Text |
| MKT A5.1.1 |
The following entities are Exempt Offerors:
(a) Properly constituted governments, government agencies, central banks or other national monetary authorities of the following countries or jurisdictions:
(i) Organisation for Economic Co-operation and Development (OECD) member countries;
(ii) member countries of the Gulf Co-operation Council (GCC); or
(iii) the Emirate of Dubai.
(b) The International Monetary Fund and the World Bank.
(c) Any other country, jurisdiction, or supranational organisation, or legal entity established by a country, jurisdiction or supranational organisation, that may be approved as an Exempt Offeror by the DFSA for the purpose of that offer.
|
CONDITIONS
None.
EFFECTIVE PERIOD
This notice comes into effect on the date of issue and remains in force until further notice.
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 IS ISSUED UNDER ARTICLE 25 OF THE REGULATORY LAW 2004 BY:
| Name: | Eric Salomons |
| Position: | Director, Head of Markets |
| DATE OF ISSUE: | 25 August 2015 |