The Dubai Financial Services Authority (DFSA) has published a notice confirming that, following the end of the consultation on proposals set out in Consultation Paper No. 166, its Board has approved amendments to the DFSA Rulebook after considering feedback from consultees. The changes are linked to the Dubai International Financial Centre (DIFC) Markets Law Amendment Law (DIFC Law No. 3 of 2025), enacted on 17 November 2025 and due to come into force on the 30th business day after enactment, with the DFSA’s corresponding Rulebook amendments taking effect on the same date, stated as 31 December 2025. The DFSA Board made three rulemaking instruments covering the Markets Rules (MKT), General Module (GEN) and Islamic Finance Rules (IFR). The notice also points to the amendment law for the changes made to the Regulatory Law 2004, and confirms that the updated modules will replace earlier versions on the DFSA website on commencement, with superseded versions retained in the archive.
Dubai Financial Services Authority 2025-12-04
Dubai Financial Services Authority issues Rulebook amendments implementing DIFC Markets Law changes effective 31 December 2025
The Dubai Financial Services Authority (DFSA) approved amendments to the DFSA Rulebook after feedback on Consultation Paper No. 166, aligning with the Dubai International Financial Centre Markets Law Amendment Law enacted on 17 November 2025. The amendments, affecting the Markets Rules, General Module, and Islamic Finance Rules, will take effect on 31 December 2025. Updated modules will replace earlier versions on the DFSA website, with previous versions archived.