RMI 209/2017 Prudential — Investment, Insurance Intermediation and Banking Business Module (PIB) Rule-Making Instrument

RMI209/2017 Prudential — Investment, Insurance Intermediation and Banking Business Module (PIB) Rule-Making Instrument (No. 209) 2017

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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, 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 25 October 2017 and shall come into force on 1 January 2018.

Amendments to Modules:

(2) The Prudential – Investment, Insurance Intermediation and Banking Business Module (PIB) — (PIB/VER29/01-18) is repealed and replaced by Appendix 1Appendix 1 to this instrument and may be identified by the following reference — (PIB/VER30/01-18).

Citation:

(3) This instrument may be cited as the Prudential – Investment, Insurance Intermediation and Banking Business Module Rule-making Instrument (No. 209) 2017.

(4) Appendix 1Appendix 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 Chairman		Ian Johnston Chief Executive

25 October 2017

RMI 209/2017