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The Dubai Financial Services Authority (DFSA) has issued a Feedback Statement on the public comments received on Consultation Paper No 161 (CP161) – Enhancing Proportionality in Prudential Regulation. In October 2024, the DFSA published CP161 and consulted on proposals to enhance the proportionality of the DFSA’s prudential regime for a large subset of Authorised Firms.
The relevant rule making instruments containing the final amendments to the DFSA’s Rules, which will come into force on 1 July 2025 and 1 July 2026, were also published today.
