Regulatory Alerts2020-03-05
Notice of Amendments to DFSA Legislation
The Dubai Financial Services Authority (DFSA) Board has enacted amendments to the DFSA Rulebook, effective April 1, 2020, incorporating feedback from recent public consultations. Twelve new rulemaking instruments will repeal and replace the General, Conduct of Business, Fees, Glossary, Prudential, Anti-Money Laundering, Auditor, Markets, Islamic Finance, Collective Investment, Takeover, and Insurance Business modules with updated regulatory standards. Detailed provisions for each revised module are published in the notice appendices, requiring authorized firms to implement the changes upon commencement.
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