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@@ -8,125 +8,152 @@ tags:
8
  - loss:MultipleNegativesRankingLoss
9
  base_model: BAAI/bge-small-en-v1.5
10
  widget:
11
- - source_sentence: Are there any ADGM-specific guidelines or best practices for integrating
12
- anti-money laundering (AML) compliance into our technology and financial systems
13
- to manage operational risks effectively?
 
14
  sentences:
15
- - 42) DISCLOSURE REQUIREMENTS . Material Exploration and drilling results Rule 12.5.1
16
- sets out the reporting requirements relevant to disclosures of material Exploration
17
- and drilling results in relation to Petroleum Resources. Such disclosures should
18
- be presented in a factual and balanced manner, and contain sufficient information
19
- to allow investors and their advisers to make an informed judgement of its materiality.
20
- Care needs to be taken to ensure that a disclosure does not suggest, without reasonable
21
- grounds, that commercially recoverable or potentially recoverable quantities of
22
- Petroleum have been discovered, in the absence of determining and disclosing estimates
23
- of Petroleum Resources in accordance with Chapter 12 and the PRMS.
24
- - 55) DIGITAL SECURITIES SETTLEMENT Digital Settlement Facilities (DSFs) For the
25
- purposes of this Guidance and distinct from RCHs, the FSRA will consider DSFs
26
- suitable for the purposes of settlement (MIR Rule 3.8) and custody (MIR Rule 2.10)
27
- of Digital Securities. A DSF, holding an FSP for Providing Custody, may provide
28
- custody and settlement services in Digital Securities for RIEs and MTFs (as applicable).
29
- Therefore, for the purposes of custody and settlement of Digital Securities, the
30
- arrangements that a RIE or MTF would normally have in place with a RCH can be
31
- replaced with arrangements provided by a DSF, provided that certain requirements,
32
- as described in this section, are met.
33
- - Part 6.Chapter 3.59.(1) The Regulator shall have the power to require an Institution
34
- in Resolution, or any of its Group Entities, to provide any services or facilities
35
- (excluding any financial support) that are necessary to enable the Recipient to
36
- operate the transferred business effectively, including where the Institution
37
- under Resolution or relevant Group Entity has entered into Insolvency Proceedings.
38
- - source_sentence: Can you provide further clarification on the specific measures
39
- deemed adequate for handling conflicts of interest related to the provision and
 
 
 
 
 
 
 
 
40
  management of credit within an Authorised Person's organization?
41
  sentences:
42
- - Part 19.Chapter 2.233.(3) If the Regulator considers that an auditor or actuary
43
- has committed a contravention of these Regulations, it may disqualify the auditor
44
- or actuary from being the auditor of, or (as the case may be), from acting as
45
- an actuary for, any Authorised Person, Recognised Body or Reporting Entity or
46
- any particular class thereof.
47
- - '43) REGULATORY REQUIREMENTS FOR AUTHORISED PERSONS ENGAGED IN REGULATED ACTIVITIES
48
- IN RELATION TO VIRTUAL ASSETS Anti-Money Laundering and Countering Financing of
49
- Terrorism In order to develop a robust and sustainable regulatory framework for
50
- Virtual Assets, FSRA is of the view that a comprehensive application of its AML/CFT
51
- framework should be in place, including full compliance with, among other things,
52
- the: a) UAE AML/CFT Federal Laws, including the UAE Cabinet Resolution No. (10)
53
- of 2019 Concerning the Executive Regulation of the Federal Law No. 20 of 2018
54
- concerning Anti-Money Laundering and Combating Terrorism Financing; b) UAE Cabinet
55
- Resolution 20 of 2019 concerning the procedures of dealing with those listed under
56
- the UN sanctions list and UAE/local terrorist lists issued by the Cabinet, including
57
- the FSRA AML and Sanctions Rules and Guidance (“AML Rules”) or such other AML
58
- rules as may be applicable in ADGM from time to time; and c) adoption of international
59
- best practices (including the FATF Recommendations).'
60
- - 4.4.2.(4) An Authorised Person with one or more branches outside the ADGM must
61
- implement and maintain Credit Risk policies adapted to each local market and its
62
- regulatory conditions.
63
- - source_sentence: How does the ADGM enforce the Market Abuse Provisions, such as
64
- those outlined in section 92 of the FSMR, especially for Accepted Spot Commodities,
65
- and what are the reporting obligations for companies in relation to market abuse
66
- and transaction reporting?
 
 
 
 
 
 
67
  sentences:
68
- - 6.2.6.(b) If appointed, the Trustee must also take reasonable steps to ensure
69
- that its Employees comply with IFR 6.2.6(a) (i)- (iv).
70
- - '8.3.2.Guidance on CDD.9. When employing an eKYC System to assist with CDD, a
71
- Relevant Person should: a. ensure that it has a thorough understanding of the
72
- eKYC System itself and the risks of eKYC, including those outlined by relevant
73
- guidance from FATF and other international standard setting bodies; b. comply
74
- with all the Rules of the Regulator relevant to eKYC including, but not limited
75
- to, applicable requirements regarding the business risk assessment, as per Rule
76
- 6.1, and outsourcing, as per Rule 9.3; c. combine eKYC with transaction monitoring,
77
- anti-fraud and cyber-security measures to support a wider framework preventing
78
- applicable Financial Crime; and d. take appropriate steps to identify, assess
79
- and mitigate the risk of the eKYC system being misused for the purposes of Financial
80
- Crime.'
81
- - 81) REGULATORY REQUIREMENTS - SPOT COMMODITY ACTIVITIES Market Abuse and Transaction
82
- Reporting (FSMR) Importantly, the Market Abuse Provisions (including section 92)
83
- in Part 8 of FSMR specifically cover Market Abuse Behaviour in relation to Accepted
84
- Spot Commodities admitted to trading on an RIE, MTF or OTF. In this regard, the
85
- FSRA imposes the same high regulatory standards to Accepted Spot Commodities traded
86
- on RIEs, MTFs or OTFs as it does to Financial Instruments traded on RIEs, MTFs
87
- or OTFs.
88
- - source_sentence: Can the ADGM provide examples of legal risks associated with securitisation
 
 
 
 
89
  that Authorised Persons should particularly be aware of and manage?
90
  sentences:
91
- - 6.Introduction.Guidance.1. This Chapter includes the detailed Rules and associated
92
- guidance in respect of a firm's obligation to manage effectively its Exposures
93
- to Operational Risk. Operational Risk refers to the risk of incurring losses due
94
- to the failure of systems, processes, and personnel to perform expected tasks.
95
- Operational Risk losses also include losses arising out of legal risk. This Chapter
96
- aims to ensure that an Authorised Person has a robust Operational Risk management
97
- framework commensurate with the nature, scale and complexity of its operations
98
- and that it holds sufficient regulatory capital against Operational Risk Exposures.
99
- - APP4.A4.3.19 Own estimate haircuts . If an Authorised Person fails to comply with
100
- Rule A4.3.18, the Regulator may revoke its approval for the Authorised Person
101
- to use own estimate haircuts. The Authorised Person may also be required to revise
102
- its estimates for the purpose of calculating regulatory Capital Requirements if
103
- its estimates of E*, does not adequately reflect its Exposure to Counterparty
104
- Credit Risk.
105
- - 2.5.6 Financial risk . All applicants are required to demonstrate they have a
106
- sound initial capital base and funding and must be able to meet the relevant prudential
107
- requirements of ADGM legislation, on an ongoing basis. This includes holding enough
108
- capital resources to cover expenses even if expected revenue takes time to materialise.
109
- Start-ups can encounter greater financial risks as they seek to establish and
110
- grow a new business.
111
- - source_sentence: Could you provide detailed guidance on the acceptable threshold
112
- for "significant loss" to clients in the context of IT infrastructure resilience
 
 
 
 
 
113
  for virtual asset service providers?
114
  sentences:
115
- - APP8.A8.11.1 An Insurer must calculate the asset management risk component in
116
- respect of a Long Term Insurance Fund according to the method set out in Rule
117
- A4.13, applied as though all references in that Rule to an Insurer were instead
118
- references to that fund.
119
- - '60) REGULATORY REQUIREMENTS FOR AUTHORISED PERSONS ENGAGED IN REGULATED ACTIVITIES
120
- IN RELATION TO VIRTUAL ASSETS Security measures and procedures IT infrastructures
121
- should be strong enough to resist, without significant loss to Clients, a number
122
- of scenarios, including but not limited to: accidental destruction or breach of
123
- data, collusion or leakage of information by employees/former employees, successful
124
- hack of a cryptographic and hardware security module or server, or access by hackers
125
- of any single set of encryption/decryption keys that could result in a complete
126
- system breach.'
127
- - APP4.A4.3.17.(2) An Authorised Person must not use own estimate haircuts unless
128
- it has received approval to adopt the internal models approach to calculate the
129
- Market Risk Capital Requirement.
 
 
 
130
  pipeline_tag: sentence-similarity
131
  library_name: sentence-transformers
132
  metrics:
@@ -164,6 +191,8 @@ model-index:
164
  - type: dot_score_map@10
165
  value: 0.6312994062801272
166
  name: Dot Score Map@10
 
 
167
  ---
168
 
169
  # SentenceTransformer based on BAAI/bge-small-en-v1.5
 
8
  - loss:MultipleNegativesRankingLoss
9
  base_model: BAAI/bge-small-en-v1.5
10
  widget:
11
+ - source_sentence: >-
12
+ Are there any ADGM-specific guidelines or best practices for integrating
13
+ anti-money laundering (AML) compliance into our technology and financial
14
+ systems to manage operational risks effectively?
15
  sentences:
16
+ - >-
17
+ 42) DISCLOSURE REQUIREMENTS . Material Exploration and drilling results Rule
18
+ 12.5.1 sets out the reporting requirements relevant to disclosures of
19
+ material Exploration and drilling results in relation to Petroleum
20
+ Resources. Such disclosures should be presented in a factual and balanced
21
+ manner, and contain sufficient information to allow investors and their
22
+ advisers to make an informed judgement of its materiality. Care needs to be
23
+ taken to ensure that a disclosure does not suggest, without reasonable
24
+ grounds, that commercially recoverable or potentially recoverable quantities
25
+ of Petroleum have been discovered, in the absence of determining and
26
+ disclosing estimates of Petroleum Resources in accordance with Chapter 12
27
+ and the PRMS.
28
+ - >-
29
+ 55) DIGITAL SECURITIES SETTLEMENT Digital Settlement Facilities (DSFs) For
30
+ the purposes of this Guidance and distinct from RCHs, the FSRA will consider
31
+ DSFs suitable for the purposes of settlement (MIR Rule 3.8) and custody (MIR
32
+ Rule 2.10) of Digital Securities. A DSF, holding an FSP for Providing
33
+ Custody, may provide custody and settlement services in Digital Securities
34
+ for RIEs and MTFs (as applicable). Therefore, for the purposes of custody
35
+ and settlement of Digital Securities, the arrangements that a RIE or MTF
36
+ would normally have in place with a RCH can be replaced with arrangements
37
+ provided by a DSF, provided that certain requirements, as described in this
38
+ section, are met.
39
+ - >-
40
+ Part 6.Chapter 3.59.(1) The Regulator shall have the power to require an
41
+ Institution in Resolution, or any of its Group Entities, to provide any
42
+ services or facilities (excluding any financial support) that are necessary
43
+ to enable the Recipient to operate the transferred business effectively,
44
+ including where the Institution under Resolution or relevant Group Entity
45
+ has entered into Insolvency Proceedings.
46
+ - source_sentence: >-
47
+ Can you provide further clarification on the specific measures deemed
48
+ adequate for handling conflicts of interest related to the provision and
49
  management of credit within an Authorised Person's organization?
50
  sentences:
51
+ - >-
52
+ Part 19.Chapter 2.233.(3) If the Regulator considers that an auditor or
53
+ actuary has committed a contravention of these Regulations, it may
54
+ disqualify the auditor or actuary from being the auditor of, or (as the case
55
+ may be), from acting as an actuary for, any Authorised Person, Recognised
56
+ Body or Reporting Entity or any particular class thereof.
57
+ - >-
58
+ 43) REGULATORY REQUIREMENTS FOR AUTHORISED PERSONS ENGAGED IN REGULATED
59
+ ACTIVITIES IN RELATION TO VIRTUAL ASSETS Anti-Money Laundering and
60
+ Countering Financing of Terrorism In order to develop a robust and
61
+ sustainable regulatory framework for Virtual Assets, FSRA is of the view
62
+ that a comprehensive application of its AML/CFT framework should be in
63
+ place, including full compliance with, among other things, the: a) UAE
64
+ AML/CFT Federal Laws, including the UAE Cabinet Resolution No. (10) of 2019
65
+ Concerning the Executive Regulation of the Federal Law No. 20 of 2018
66
+ concerning Anti-Money Laundering and Combating Terrorism Financing; b) UAE
67
+ Cabinet Resolution 20 of 2019 concerning the procedures of dealing with
68
+ those listed under the UN sanctions list and UAE/local terrorist lists
69
+ issued by the Cabinet, including the FSRA AML and Sanctions Rules and
70
+ Guidance (“AML Rules”) or such other AML rules as may be applicable in ADGM
71
+ from time to time; and c) adoption of international best practices
72
+ (including the FATF Recommendations).
73
+ - >-
74
+ 4.4.2.(4) An Authorised Person with one or more branches outside the ADGM
75
+ must implement and maintain Credit Risk policies adapted to each local
76
+ market and its regulatory conditions.
77
+ - source_sentence: >-
78
+ How does the ADGM enforce the Market Abuse Provisions, such as those
79
+ outlined in section 92 of the FSMR, especially for Accepted Spot
80
+ Commodities, and what are the reporting obligations for companies in
81
+ relation to market abuse and transaction reporting?
82
  sentences:
83
+ - >-
84
+ 6.2.6.(b) If appointed, the Trustee must also take reasonable steps to
85
+ ensure that its Employees comply with IFR 6.2.6(a) (i)- (iv).
86
+ - >-
87
+ 8.3.2.Guidance on CDD.9. When employing an eKYC System to assist with CDD, a
88
+ Relevant Person should: a. ensure that it has a thorough understanding of
89
+ the eKYC System itself and the risks of eKYC, including those outlined by
90
+ relevant guidance from FATF and other international standard setting bodies;
91
+ b. comply with all the Rules of the Regulator relevant to eKYC including,
92
+ but not limited to, applicable requirements regarding the business risk
93
+ assessment, as per Rule 6.1, and outsourcing, as per Rule 9.3; c. combine
94
+ eKYC with transaction monitoring, anti-fraud and cyber-security measures to
95
+ support a wider framework preventing applicable Financial Crime; and d. take
96
+ appropriate steps to identify, assess and mitigate the risk of the eKYC
97
+ system being misused for the purposes of Financial Crime.
98
+ - >-
99
+ 81) REGULATORY REQUIREMENTS - SPOT COMMODITY ACTIVITIES Market Abuse and
100
+ Transaction Reporting (FSMR) Importantly, the Market Abuse Provisions
101
+ (including section 92) in Part 8 of FSMR specifically cover Market Abuse
102
+ Behaviour in relation to Accepted Spot Commodities admitted to trading on an
103
+ RIE, MTF or OTF. In this regard, the FSRA imposes the same high regulatory
104
+ standards to Accepted Spot Commodities traded on RIEs, MTFs or OTFs as it
105
+ does to Financial Instruments traded on RIEs, MTFs or OTFs.
106
+ - source_sentence: >-
107
+ Can the ADGM provide examples of legal risks associated with securitisation
108
  that Authorised Persons should particularly be aware of and manage?
109
  sentences:
110
+ - >-
111
+ 6.Introduction.Guidance.1. This Chapter includes the detailed Rules and
112
+ associated guidance in respect of a firm's obligation to manage effectively
113
+ its Exposures to Operational Risk. Operational Risk refers to the risk of
114
+ incurring losses due to the failure of systems, processes, and personnel to
115
+ perform expected tasks. Operational Risk losses also include losses arising
116
+ out of legal risk. This Chapter aims to ensure that an Authorised Person has
117
+ a robust Operational Risk management framework commensurate with the nature,
118
+ scale and complexity of its operations and that it holds sufficient
119
+ regulatory capital against Operational Risk Exposures.
120
+ - >-
121
+ APP4.A4.3.19 Own estimate haircuts . If an Authorised Person fails to comply
122
+ with Rule A4.3.18, the Regulator may revoke its approval for the Authorised
123
+ Person to use own estimate haircuts. The Authorised Person may also be
124
+ required to revise its estimates for the purpose of calculating regulatory
125
+ Capital Requirements if its estimates of E*, does not adequately reflect its
126
+ Exposure to Counterparty Credit Risk.
127
+ - >-
128
+ 2.5.6 Financial risk . All applicants are required to demonstrate they have
129
+ a sound initial capital base and funding and must be able to meet the
130
+ relevant prudential requirements of ADGM legislation, on an ongoing basis.
131
+ This includes holding enough capital resources to cover expenses even if
132
+ expected revenue takes time to materialise. Start-ups can encounter greater
133
+ financial risks as they seek to establish and grow a new business.
134
+ - source_sentence: >-
135
+ Could you provide detailed guidance on the acceptable threshold for
136
+ "significant loss" to clients in the context of IT infrastructure resilience
137
  for virtual asset service providers?
138
  sentences:
139
+ - >-
140
+ APP8.A8.11.1 An Insurer must calculate the asset management risk component
141
+ in respect of a Long Term Insurance Fund according to the method set out in
142
+ Rule A4.13, applied as though all references in that Rule to an Insurer were
143
+ instead references to that fund.
144
+ - >-
145
+ 60) REGULATORY REQUIREMENTS FOR AUTHORISED PERSONS ENGAGED IN REGULATED
146
+ ACTIVITIES IN RELATION TO VIRTUAL ASSETS Security measures and procedures IT
147
+ infrastructures should be strong enough to resist, without significant loss
148
+ to Clients, a number of scenarios, including but not limited to: accidental
149
+ destruction or breach of data, collusion or leakage of information by
150
+ employees/former employees, successful hack of a cryptographic and hardware
151
+ security module or server, or access by hackers of any single set of
152
+ encryption/decryption keys that could result in a complete system breach.
153
+ - >-
154
+ APP4.A4.3.17.(2) An Authorised Person must not use own estimate haircuts
155
+ unless it has received approval to adopt the internal models approach to
156
+ calculate the Market Risk Capital Requirement.
157
  pipeline_tag: sentence-similarity
158
  library_name: sentence-transformers
159
  metrics:
 
191
  - type: dot_score_map@10
192
  value: 0.6312994062801272
193
  name: Dot Score Map@10
194
+ language:
195
+ - en
196
  ---
197
 
198
  # SentenceTransformer based on BAAI/bge-small-en-v1.5