Financial Collateral Regulations

The Board of directors of the DIFC, in the exercise of the powers conferred on them by Article 44 of the Law, hereby make these Regulations. 

1. INTRODUCTION 

1.1 Application and Interpretation 

1.1.1

These Regulations apply to any person to whom the Law applies. 

1.1.2

Defined terms are identified throughout these Regulations by the capitalisation of the initial letter of a word or phrase. Where capitalisation of the initial letter is not used, an expression has its natural meaning, subject to Regulation 1.1.4. 

1.1.3

The following defined terms have the meaning given below: 

1.1.4

All other defined terms have the same meaning they have under the Law except where the context otherwise requires. 

1.1.5

The Rules of interpretation in the Law apply to these Regulations.

1.2 References to writing 

1.2.1

If a provision in these Regulations refers to a communication, n...