W585/2018 — Motion Re (Underwriting Agency) Ltd
WAIVER AND MODIFICATION NOTICE
|To||Motion Re (Underwriting Agency) Ltd|
Office No ST 20-06, Level 20, Emirates Financial Towers,
DIFC,PO Box 9803, Dubai, UAE
|DFSA Firm Reference No.||F002018|
THE DFSA HEREBY GIVES NOTICE THAT:
1. The Rules specified in Table A herein do not apply to the above mentioned Person.
2. The Rules specified in the left hand column of Table B 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.
|AML Chapter 11||Rule 11.2.1(2)|
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.
The Authorised Individual
This notice comes into effect on the date of issue and remains in force for 12 months thereafter or until further notice, whichever is the earlier.
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:
|Position:||Acting Managing Director, Supervision|
|DATE OF ISSUE:||8 November 2018|