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(1 version)
 
Jul 14 2013 onwards

AMI 2.4.1 Guidance



Whole Section PDF

The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

To view past versions of this module in PDF format, please visit the Archive.

1. Where an Authorised Market InstitutionG applies to change the scope of its LicenceG , it should provide at least the following information:
a. particulars of the new activities requiring a variation to the scope of LicenceG , and the date of the proposed commencement of such activities;
b. a revised business plan as appropriate, describing the basis of, and rationale for, the proposed change;
c. details of the extent to which existing documentation, procedures, systems and controls will be amended to take into account any additional activities, and how the Authorised Market InstitutionG will be able to comply with any additional regulatory requirements including the applicable Licensing RequirementsG ; and
d. if the Authorised Market InstitutionG is reducing its activities and it has existing MembersG who may be affected by the cessation of a Financial ServiceG , details of any transitional arrangements.
2. If an application for a change of scope of LicenceG involves carrying on a new Financial ServiceG , the application will be assessed against all the requirements applicable to the relevant Financial ServiceG .
Derived from RM118/2013 [VER15/07-13]