Notice of Amendments to Legislation: December 2024

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20 Dec 2024, 02:33 pm

Notice of Amendments to Legislation: December 2024

Following the ending of the consultation period on a number of proposed legislative changes that were set out in Consultation Paper No 159 , 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 Instruments to come into force on 1 April 2025

PRUDENTIAL – INVESTMENT, INSURANCE INTERMEDIATION AND BANKING BUSINESS MODULE (PIB) RULE-MAKING INSTRUMENT (No. 390) 2024 (see appendix 1 for the detailed amendments);

AND:

The DFSA Board made the following Rulemaking Instrument to come into force on 1 January 2026

PRUDENTIAL – INVESTMENT, INSURANCE INTERMEDIATION AND BANKING BUSINESS MODULE (PIB) RULE-MAKING INSTRUMENT (No. 391) 2024 (see appendix 2 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:

20 December 2024

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