[R]
RBA
Risk-Based Approach, as described in AML 4.1.1.
Real Estate Management and Servicing Activities
Activities relating to managing and supervising real estate on behalf of the owner, including (but not limited to) carrying out or contracting for the provision of maintenance, cleaning and administration and appointing of leasing agents, but excluding selling or renting such real estate
Real Property
Any form of direct or indirect interest in real estate.
REC
The Recognition Rules.
Recognised Jurisdiction
A jurisdiction which has been recognised by the AFSA in accordance with CIS Schedule 2.
Recognised NonAIFC Clearing House
A Person declared by the AFSA to be a Recognised Non-AIFC Clearing House under section 89 of the Framework Regulations.
Recognised NonAIFC Investment Exchange
A Person declared by the AFSA to be a Recognised Non-AIFC Investment Exchange under section 89 of the Framework Regulations.
Recognised NonAIFC Market Institutions
Either a Recognised Non-AIFC Clearing House or a Recognised Non-AIFC Investment Exchange.
Recognised NonAIFC Member
A Person declared by the AFSA to be a Recognised Non-AIFC Member under section 91 of the Framework Regulations.
Recognition Requirements
The requirements specified in section 89(3) of the Framework Regulations in relation to the declaration by the AFSA of a Person to be either Recognised NonAIFC Investment Exchange or Recognised Non-AIFC Clearing House.
Registered Auditor
An auditor or audit firm registered, licensed, or otherwise regulated by any competent authority worldwide.
Registrar of Companies
The registrar of companies appointed pursuant to the AIFC Companies Regulations.
Registration Document
In relation to a Prospectus structured as multiple documents, the document referred to in MAR 1.3.1(a)(ii).
Regulated Activity
An activity specified of Schedule 1 of GEN.
Regulated Exchange
An exchange regulated by a financial services regulator.
Regulated Financial Institution
A Person who does not hold a Licence but who is authorised in a jurisdiction other than the AIFC to carry on any financial service by another Financial Services Regulator.
Regulation
A regulation enacted under Article 4(3) of the Constitutional Law.
Regulatory Capital
Has the meaning given in BBR 4.13.
Regulatory Objectives
The objectives of the AFSA identified in section 7(3) of the Framework Regulations.
Related Party
In MAR has the meaning given in MAR 2.5.2(a).
Related Party Transaction
In MAR has the meaning given in MAR 2.5.2(b).
Related Person
A Person (the second Person) is a Related Person of that Firm if:
- (a) the Firm and the second Person are members of the same Group;
- (b) the second Person is an individual who is a director or officer of the Firm or of another member of the same Group;
- (c) the second Person is the spouse or minor child of an individual mentioned in paragraph (b); or
- (d) the second Person is a company that is subject to significant influence by or from an individual mentioned in paragraph (b) or (c).
Relevant Person
In AML has the meaning given in AML 1.2(a).
REP
The Representative Office Rules.
Reporting Entity
A Person who:
- (a) has Securities or Units admitted to an Official List;
- (b) is the Fund Manager of a Listed Fund; or
- (c) is declared by the AFSA to be a Reporting Entity.
Retail Client
A Client that is not classified as a Professional Client or Market Counterparty.
Risk Management Policy
A written policy that complies with the requirements of PINS 3.1.3 (Contents of Risk Management Policy).
A written policy that complies with the requirements of TRR 3.1.3 (Contents of Risk Management Policy).
Risk Management Strategy
A written strategy document that complies with the requirements of PINS 3.1.2 (Contents of Risk Management Strategy).
A written strategy document that complies with the requirements of TRR 3.1.2 (Contents of Risk Management Strategy).
Risk Officer
The Approved Individual performing the role identified at PINS 2.2.3 (Risk Officer).
The Approved Individual performing the role identified at TRR 2.4.3.
Risk Weighted Assets (RWAs)
Has the meaning given in BBR 4.7.
Risk-Weight
In relation to an asset or an off-balance sheet exposure of a PRU Dealing Investment Firm.
Risk-Weighted Assets Amount
The amount calculated in respect of a PRU Dealing Investment Firm as identified in guidance to PRU(INV) 3.3(4).
Rule
A rule made by the AFSA under Article 4(3) of the Constitutional Law.