Regulatory Alerts2024-10-11
Notice of Amendments to Legislation: October 2024
The Dubai Financial Services Authority Board has enacted Rulemaking Instrument 389 of 2024 to fully repeal and replace the FEES MODULE within the DFSA Rulebook. Following a consultation period on Consultation Paper 157, the finalized amendments incorporate stakeholder feedback and are scheduled to take effect on 1 January 2025. The updated module will replace the existing legislation on the DFSA website upon commencement while archived versions remain accessible for reference.
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11 Oct 2024, 04:40 pm
Notice of Amendments to Legislation: October 2024
Following the ending of the consultation period on a number of proposed legislative changes that were set out in Consultation Paper No. 157 , the Dubai Financial Services Authority (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 Instrument to come into force on 1 January 2025 :
FEES MODULE (FER) RULE-MAKING INSTRUMENT (No. 389) 2024 , which repeals and replaces the FER module of the DFSA Rulebook with an updated version (see appendix 1 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:
10 October 2024
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