Regulatory Alerts2020-11-01
Notice of Amendments to Legislation (01 Nov 2020)
The DFSA Board issued five Rulemaking Instruments on 1 November 2020 to repeal and replace the General, Collective Investment, Glossary, Prudential, and Fees modules of the DFSA Rulebook. These amendments finalize proposed legislative changes from Consultation Paper Number 133 after incorporating consultees' feedback and minor adjustments to the original proposals. The updated modules, detailed in appendices to the notice, officially came into force on 1 November 2020 and are now available on the DFSA website alongside archived earlier versions.
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01 Nov 2020, 01:51 pm
Notice of Amendments to Legislation
Following the ending of the consultation period on a number of proposed legislative changes that were set out in Consultation Paper No. 133 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 November 1, 2020
GENERAL MODULE (GEN) RULE-MAKING INSTRUMENT (No. 278) 2020 , which repeals and replaces the General Module (GEN) of the DFSA Rulebook with an updated version (see appendix 1 for the detailed amendments);
COLLECTIVE INVESTMENT RULES (CIR) RULE-MAKING INSTRUMENT (No. 279) 2020 , which repeals and replaces the Collective Investment Rules (CIR) of the DFSA Rulebook with an updated version (see appendix 2 for the detailed amendments);
GLOSSARY MODULE (GLO) RULE-MAKING INSTRUMENT (No. 280) 2020 , which repeals and replaces the Glossary Module (GLO) of the DFSA Rulebook with an updated version (see appendix 3 for the detailed amendments);
PRUDENTIAL – INVESTMENT, INSURANCE INTERMEDIATION AND BANKING BUSINESS MODULE (PIB) RULE-MAKING INSTRUMENT (No. 281) 2020 , which repeals and replaces the Prudential – Investment, Insurance Intermediation and Banking Business Module (PIB) of the DFSA Rulebook with an updated version (see appendix 4 for the detailed amendments);
FEES MODULE (FER) RULE-MAKING INSTRUMENT (No. 282) 2020 , which repeals and replaces the Fees Module (FER) of the DFSA Rulebook with an updated version (see appendix 5 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.
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