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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Fees Module (FER) [VER20/02-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices
Financial Markets Tribunal
Archive

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  • FER 2.7 Applications relating to Authorised Individuals and Key Individuals

    • FER 2.7.1

      An Authorised FirmG applying to the DFSA:

      (a) for Authorised IndividualG status for an individual;
      (b) to amend an Authorised Individual's authorisation to include a new Licensed FunctionG ; or
      (c) to substitute one Authorised IndividualG for another performing a particular Licensed FunctionG in the Authorised FirmG ,

      must pay to the DFSAG an application fee of $500 for each Authorised IndividualG for whom it is seeking authorisation; to amend the scope of his authorisation; or to substitute as an Authorised IndividualG (as the case may be).

      [Added] DFSA RM145/2014 (Made 1st January 2015). [VER9/01-15]
      [Amended] DFSA RM207/2017 (Made 14th June 2017). [VER16/01-18]

    • FER 2.7.2

      An Authorised Market InstitutionG applying to the DFSAG :

      (a) for Key IndividualG status for an individual;
      (b) to amend a Key Individual'sG authorisation to include a new Licensed FunctionG ; or
      (c) to substitute one Key IndividualG for another performing a particular Licensed FunctionG in the Authorised Market InstitutionG ,

      must pay to the DFSAG an application fee of $500 for each Key IndividualG for whom it is seeking authorisation; to amend the scope of his authorisation; or to substitute as a Key IndividualG (as the case may be).

      Derived from DFSA RM207/2017 (Made 14th June 2017). [VER16/01-18]

      • FER 2.7.2 Guidance

        Rules 2.7.1 and 2.7.2 apply if a PersonG is already licensed by the DFSAG and applies to add or change an Authorised IndividualG or Key IndividualG . A fee is not payable for an application for Authorised IndividualG or Key IndividualG status if the application is made at the same time as an initial application for a LicenceG .

        Derived from DFSA RM207/2017 (Made 14th June 2017). [VER16/01-18]