PRU 9.3.2

(1) An Authorised Person which carries on business in the ADGM through a Branch may apply to the Regulator for a global liquidity concession.
(2) An application for a global liquidity concession must be made in accordance with the requirements in section A10.1 of App10.
(3) If the Regulator grants a global liquidity concession to an Authorised Person, that Authorised Person need not comply with the quantitative liquidity requirements of this Section.
(4) The Regulator may specify the period for which a global liquidity concession is valid.