Regulatory Alerts2024-10-08
Consultation Paper No. 161 – Enhancing Proportionality in Prudential Regulation
The Dubai Financial Services Authority (DFSA) released Consultation Paper No. 161 to implement enhanced proportionality measures across its prudential regulatory framework for financial institutions. The paper outlines revised capital, liquidity, and governance requirements tailored to firm size and risk profiles, inviting public feedback until 10 January 2025. Approved amendments will subsequently update the DFSA Rulebook to reduce compliance burdens while maintaining financial stability standards.
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