Regulatory Alerts2023-10-18
Notice of Consultation Paper Release (18 Oct 2023)
The Dubai Financial Services Authority (DFSA) has released Consultation Paper No. 152 to propose updated regulatory requirements for banking credit and counterparty credit risk management. The framework outlines revised capital assessment methodologies, risk weighting standards, and disclosure obligations for regulated financial institutions operating within the Dubai International Financial Centre. Regulated entities must submit written feedback by 19 January 2024 to shape the final implementation guidelines.
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