The Dubai Financial Services Authority, has repealed its fees rules module as of 1st January and has replaced it.

The module (FER) has been replaced with an appendix to an instrument that may be identified by the following reference — (FER/VER09/01-15). The regulator has changed it under Article 23 Regulatory Law 2004. The appendix also contains the guidance made by the Ian Johnston, the chief executive, in the exercise of the powers conferred on him under that law. The instrument [which may be cited as the Fees Rules Rule-making Instrument (No. 145) 2014] was made on 29 October 2014 and shall come into force on 1 January 2015.

The regulator, in consultation paper 100, is in the meantime consulting authorised market institutions (which can include private banks) and applicants for recognition by the DFSA for exchange-related activity about fees in general. Comments must be in by 8th February. The listing authority function was transferred from the NASDAQ Dubai to the DFSA in 2011.