DFSA | THE INDEPENDENT REGULATOR OF FINANCIAL SERVICES

2020 PRIORITIES 

  • Develop and implement IFRS 17 in our rules and prudential returns and engage insurance entities during the process
  • Review professional indemnity insurance covers obtained by authorised firms and assess adequacy of those covers in mitigating the risks 
  • Continue to focus on underwriting standards, and review accumulation of risks and the DIFC insurance market’s exposure to large losses 

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