2020-01-29
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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29 Jan 2020, 01:01 am
Notice of Consultation Paper Release
TAKE NOTICE THAT: The DFSA has released the following for consultation: Consultation Paper No. 131 – Early Intervention, Recovery and Resolution in the DIFC The deadline for providing comments on this Consultation Paper is 13 April 2020. This paper can be viewed on the DFSA website or by clicking on the above link.
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