An Authorised Firm must maintain systems and controls that enable it to determine and monitor its Capital Requirements and Capital Resources and ensure that its capital is adequate at all times. An Authorised Firm must also comply with the DFSA regulatory reporting calendar and ensure that all reports and returns are submitted on time via the Electronic Prudential Reporting System. The DFSA also permits Authorised Firms to use internal models and hedging techniques to minimise their Capital Requirements and optimise their capital allocations.

This part, highly participative, introductory course will provide attendees with a practical guide to understanding the terminology, concepts and methodology behind the rules in the Prudential (PIB) Module of the DFSA Rulebook applicable to conventional (non-Islamic) financial business.