Following the ending of the consultation period on a number of proposed legislative changes that were set out in Consultation Papers No 168 and 165 the 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.

Please refer to the DFSA Feedback Statement on the public comments received on Consultation Paper No 165.

TAKE NOTICE THAT:

The DFSA Board made the following Rulemaking Instrument to come into force on 12 January 2026 (CP 168)

• GENERAL MODULE (GEN) RULE-MAKING INSTRUMENT (No. 423) 2025 (see appendix 1 for the detailed amendments);
• CONDUCT OF BUSINESS MODULE (COB) RULE-MAKING INSTRUMENT (No. 424) 2025 (see appendix 2 for the detailed amendments);
• COLLECTIVE INVESTMENT RULES MODULE (CIR) RULE-MAKING INSTRUMENT (No. 425) 2025 (see appendix 3 for the detailed amendments);
• FEES MODULE (FER) RULE-MAKING INSTRUMENT (No. 426) 2025 (see appendix 4 for the detailed amendments);
• AUTHORISED MARKETS INSTITUTIONS MODULE (AMI) RULE-MAKING INSTRUMENT (No. 427) 2025 (see appendix 5 for the detailed amendments);
• MARKETS RULES MODULE (MKT) RULE-MAKING INSTRUMENT (No. 428) 2025 (see appendix 6 for the detailed amendments);
• GLOSSARY MODULE (GLO) RULE-MAKING INSTRUMENT (No. 429) 2025 (see appendix 7 for the detailed amendments).

AND 

The DFSA Board made the following Rulemaking Instrument to come into force on 1 July 2026 (CP 165)

• GENERAL MODULE (GEN) RULE-MAKING INSTRUMENT (No. 430) 2025 (see appendix 8 for the detailed amendments);
• GLOSSARY MODULE (GLO) RULE-MAKING INSTRUMENT (No. 431) 2025 (see appendix 9 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: 15 December 2025