RegAlertRule · DFSA · 4 Apr 2024
Notice of Amendments to Legislation April 2024
The DFSA Board, following stakeholder consultation on Paper 149, has enacted DIFC Law 5 of 2024 and issued three Rulemaking Instruments to revise the DFSA Rulebook. These instruments repeal and replace the General, Fees, and Glossary modules with updated versions that reflect consultees’ feedback. The amendments take effect on April 15, 2024, and the final texts are accessible via the DFSA website’s Amendments to Legislation section.
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04 Apr 2024, 12:23 pm
Notice of Amendments to Legislation April 2024
Following the ending of the consultation period on a number of proposed legislative changes that were set out in Consultation Paper No. 149 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:
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, in his capacity as Ruler of Dubai on 1 March 2024 enacted the Regulatory Law Amendment Law, DIFC Law No. 5 of 2024 to come into force on the 30 th business day after the date of enactment.
To view the changes made to the Regulatory Law 2004, please consult the amendment law which is published on the “ Amendments to Legislation ” section of the DFSA website.
AND
The DFSA Board made the following Rulemaking Instruments to come into force on the date the Law comes into force ( April 15, 2024 )
-
GENERAL MODULE (GEN) RULE-MAKING INSTRUMENT (No. 366) 2023 , which repeals and replaces the General Module (GEN) of the DFSA Rulebook with an updated version (see appendix 1 for the detailed amendments);
-
FEES MODULE (FER) RULE-MAKING INSTRUMENT (No. 367) 2023 , which repeals and replaces the Fees Module (FER) of the DFSA Rulebook with an updated version (see appendix 2 for the detailed amendments);
-
GLOSSARY MODULE (GLO) RULE-MAKING INSTRUMENT (No. 368) 2023 , which repeals and replaces the Glossary Module (GLO) of the DFSA Rulebook with an updated version (see appendix 3 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
4 April 2024
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- Definition / condition 5
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Lineage: No known changes
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The links and the sentences they come from (3)
- Supersedes
“FEES MODULE (FER) RULE-MAKING INSTRUMENT (No. 367) 2023 , which repeals and replaces the Fees Module (FER) of the DFSA Rulebook”
“GENERAL MODULE (GEN) RULE-MAKING INSTRUMENT (No. 366) 2023 , which repeals and replaces the General Module (GEN) of the DFSA Rulebook”
“GLOSSARY MODULE (GLO) RULE-MAKING INSTRUMENT (No. 368) 2023 , which repeals and replaces the Glossary Module (GLO) of the DFSA Rulebook”
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