Rule · DFSA · 30 Nov 2011 · RMI 82/2011
The Board of the Dubai Financial Services Authority repeals the existing Recognition (REC) module (REC/VER5/11-08) and replaces it with a new version identified as (REC/VER6/11-11) contained in Appendix 1. This instrument was made on 30 November 2011 and comes into force on the same day as the enactment of the Regulatory Law Amendment Law 2012 and Markets Law 2012. The document also incorporates guidance made by the Chief Executive under the Regulatory Law 2004.
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 and having published the rules for consultation in accordance with Article 24 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 30 November 2011 and is conditional upon the enactment of laws to be called “Regulatory Law Amendment Law 2012” and “Markets Law 2012”; and this instrument shall come into force on the same day as those laws.
Amendments to Modules:
(2) The Recognition (REC) module — (REC/VER5/11-08) is repealed and replaced by Appendix 1Appendix 1 to this instrument and may be identified by the following reference — (REC/VER6/11-11).
Citation:
(3) This instrument may be cited as the Recognition (REC) Rule-making Instrument (No. 82) 2011.
(4) Appendix 1Appendix 1 to this instrument may be cited as the Recognition module or REC.
By Order of the Board
| Saeb Eigner Chairman | Paul M Koster Chief Executive |
November 2011
RM82/2011
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“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 and having published the rules for consultation in accordance with Article 24 of the Regulatory La…”
“conditional upon the enactment of laws to be called “Regulatory Law Amendment Law 2012” and “Markets Law 2012””
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