Regulatory Alerts2020-01-29
Notice of Consultation Paper Release – Early Intervention, Recovery and Resolution in the DIFC
The Dubai Financial Services Authority (DFSA) has released Consultation Paper No. 131 to establish comprehensive early intervention, recovery, and resolution frameworks for financial services firms operating within the DIFC. The paper outlines specific regulatory requirements and procedural mechanisms designed to mitigate risks and ensure financial stability during periods of distress. Stakeholders must submit their written comments by 13 April 2020 to influence the finalization of these regulatory standards.
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