2024-08-01
The DFSA Board issued three rulemaking instruments to amend the Dubai Financial Services Authority Rulebook following a consultation period on Papers No. 156 and 158. These instruments replace the Conduct of Business, Markets Rules, and Collective Investment Rules modules with updated provisions that incorporate consultees' feedback. All amendments formally come into force on August 1, 2024, and the revised modules are accessible via the DFSA website.
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01 Aug 2024, 02:22 pm
Notice of Amendments to Legislation: July 2024 (updated)
Following the ending of the consultation period on a number of proposed legislative changes that were set out in Consultation Papers No. 156 and 158 the DFSA Board, after due consideration of consultees’ comments, made amendments to the DFSA Rulebook as described below. Please bear in mind that changes may have been made to the legislation originally proposed in the relevant consultation paper.
TAKE NOTICE THAT:
The DFSA Board made the following Rulemaking Instruments to come into force on August 1, 2024 )
CONDUCT OF BUSINESS MODULE (COB) RULE-MAKING INSTRUMENT (No. 386) 2024 , which repeals and replaces the Conduct of Business (COB) module of the DFSA Rulebook with an updated version (see appendix 1 (updated) for the detailed amendments);
MARKETS RULES (MKT) RULE-MAKING INSTRUMENT (No. 387) 2024 , which repeals and replaces the Markets Rules (MKT) of the DFSA Rulebook with an updated version (see appendix 2 for the detailed amendments);
COLLECTIVE INVESTMENT RULES (CIR) RULE-MAKING INSTRUMENT (No. 388) 2024 , which repeals and replaces the Collective Investment Rules (CIR) of the DFSA Rulebook with an updated version (see appendix 3 for the detailed amendments);
The rule-making instruments mentioned above and the appendices to this notice can be viewed under the “ Amendments to Legislation ” section of the DFSA website and the relevant modules will be replaced on the DFSA website on the date of their coming into force as described above. Earlier versions of the relevant modules are to be found in the archive.
Issued
16 July 2024 (updated 1 August 2024)
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