After attending this session, attendees will be able to:

• Describe the DIFC regulatory environment, particularly the role of the DFSA, including:
  • When, how and why it was established
  • Its structure, responsibilities and powers
• Demonstrate an understanding of the structure of the DFSA Rulebook, including the:
  • Application and Licensing process
  • Firm's scope of business and category
  • Conduct of Business rules
  • Powers and Enforcement
• Describe the obligation on Authorised firms to identify and manage business risks
• Understand the relationship between the DFSA and the other Regulatory Bodies e.g. Central Bank and SCA.