DFSA Compliance is an ongoing top priority for many organizations. The Dubai Financial Services Authority (DFSA) is the independent regulator of all financial services conducted in or from the DIFC. Every financial services business based or operating in the DIFC needs to be compliant with the DFSA rulebooks, and in particular the Prudential – Investment, Insurance, Intermediation and Banking Module (PIB).
When it comes to IT risks, the DFSA’s PIB rulebook has set strict rules to govern IT systems, information security, the outsourcing of IT functions, and the disaster recovery measures related to business continuity. These rules require companies to establish and maintain the appropriate systems and controls in place to manage their IT risks, and to get staff trained on an annual basis to maintain their compliance knowledge.
Complying with such intricate rules and requirements, and reporting back to the DFSA can be a challenge for many, and that is where we at Penta can help. With our DFSA Compliance advisory and management services we can take that burden off your shoulders so you can focus on your core business. In addition, with our range of compliance-ready IT products and services, we can help you bridge all the compliance gaps and address all the IT risks that may exist in your IT infrastructure and processes.
Operating out of two global financial centers, Penta is the first choice for financial services providers when it comes to IT regulatory compliance.
Speak to one of our consultants today to learn more
