Regulatory Alerts2020-01-13
Notice of Amendments to Legislation (13 Jan 2020)
The Dubai Financial Services Authority (DFSA) Board has issued amendments to the DFSA Rulebook following Consultation Paper No. 128, repealing and replacing the General, Conduct of Business, Glossary, Prudential, Fees, and Collective Investment modules. These updates implement DIFC Law No. 3 of 2020, enacted by the Ruler of Dubai on 7 January 2020, to modernize regulatory frameworks for investment, insurance, and banking intermediation. The revised rulemaking instruments and the amendment law will take effect on 14 January 2020, with complete documentation published on the DFSA website.
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