Rule · DFSA · 26 Feb 2020 · RMI 270/2020
The Board of the Dubai Financial Services Authority repeals the Prudential – Investment, Insurance Intermediation and Banking Business Module (PIB/VER35/01-20) and replaces it with Appendix 1, identified as (PIB/VER36/04-20). This instrument, made on 26 February 2020, comes into force on 1 April 2020. The document also includes guidance made by the Chief Executive under the Regulatory Law 2004.
PRUDENTIAL – INVESTMENT, INSURANCE INTERMEDIATION AND BANKING BUSINESS MODULE (PIB) RULE-MAKING INSTRUMENT (No. 270) 2020 The Board of the Dubai Financial Services Authority in the exercise of the powers conferred on them by Article 23 of the Regulatory Law 2004, hereby make the Rules in the appendix to this instrument. The appendix to this instrument also contains the guidance made by the Chief Executive in the exercise of the powers conferred on him under the Regulatory Law 2004. Commencement:
(1) This instrument is made on 26 February 2020 and shall come into force on 1 April 2020. Amendments to Modules:
(2) The Prudential – Investment, Insurance Intermediation and Banking Business Module (PIB) – (PIB/VER35/01-20) is repealed and replaced by Appendix 1 to this instrument and may be identified by the following reference – (PIB/VER36/04-20). Citation (3) This instrument may be cited as the Prudential – Investment, Insurance Intermediation and Banking Business Module Rule-making Instrument (No.
270) 2020.
(4) Appendix 1 to this instrument may be cited as the Prudential – Investment, Insurance Intermediation and Banking Business Module or PIB. By Order of the Board Saeb Eigner Bryan Stirewalt Chairman Chief Executive 26 February 2020 RMI 270/2020
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