The Dubai Financial Services Authority has finalized amendments to its credit rating agency and prudential reporting requirements following Consultation Paper No. 174. The credit rating agency rules, effective Jan. 1, 2027, introduce a principles-based assessment of relationships that may cause, or may reasonably be perceived as causing, conflicts of interest. They also remove prescriptive or duplicative disclosures while retaining the obligation to provide enough information for users to understand how a credit rating was determined. The prudential reporting amendments took effect Oct. 2, 2026. They consolidate data previously reported through forms B180 and B120 into a redesigned form B110, which applies to all authorized firms, although firms need only complete relevant data items. The expenditure based capital minimum continues to apply despite the removal of form B180. The authority is not proceeding with the consultation’s Crypto and Investment Token proposals at this stage and will consider them further before communicating any next steps separately.
Dubai Financial Services Authority finalizes credit rating agency and prudential reporting changes, defers token proposals
The Dubai Financial Services Authority has finalized principles-based conflict-of-interest and streamlined disclosure rules for credit rating agencies, effective Jan. 1, 2027. Prudential reporting changes effective Oct. 2, 2026, consolidate forms B180 and B120 into form B110 for all authorized firms. Crypto and Investment Token proposals have been deferred for further consideration.