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  Versions
(1 version)
 
May 24 2017 onwards

Withdrawal of Licence



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.

24. Without limiting any other grounds on which it may act, the DFSA may take action to withdraw a restricted LicenceG at any time if the Fintech operator:
(a) is no longer fit and proper to hold a LicenceG ;
(b) has breached any restrictions or conditions imposed on the LicenceG ;
(c) has breached the LawG or any RulesG ;
(d) is not carrying on testing under the LicenceG as set out in its Test Plan; or
(e) has completed its testing but has not promptly taken steps either to apply to remove the restrictions or to withdraw its LicenceG .
Derived from DFSA GMI11/2017 (Made 24th May 2017) [VER39/05-17]