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Jan 1 2018 onwards

FER 1.2.9

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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.

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(1) If a fee referred to in Rule 1.2.2, 1.2.5 or 1.2.7 is not paid in full by the due date, the non-payment incurs a late payment fee of:
(a) $1,000 or an amount equal to 3% of the fee due (whichever is the greater); plus
(b) the fee due shall be increased by 1% for each calendar month, or part of a calendar month, that it remains outstanding after the due date.
(2) Nothing in this RuleG limits the right of the DFSAG to take any other action.
Derived from DFSA RM207/2017 (Made 14th June 2017). [VER16/01-18]