DFSA merges prudential returns into a redesigned Form B110 and revises credit rating agency rules

The Dubai Financial Services Authority (DFSA) said on 5 October that it has made targeted amendments following Consultation Paper 174, and published a feedback statement.

For prudential reporting, data that firms previously filed in forms B180 and B120 is now collected in a redesigned Form B110. The form applies to all authorised firms, which complete only the items relevant to them. These changes took effect on 2 October 2026.

For credit rating agencies, the DFSA moves to a more principles-based test of relationships that may cause, or appear to cause, a conflict of interest. It also removes duplicated disclosure rules but keeps the duty to explain how a rating was determined. These changes apply from 1 January 2027.

The DFSA directs firms to the amended rules, the CP 174 feedback statement and its October 2026 notice of amendments to legislation for the full requirements.