Request by AMI for approval of Business Rule Change

Authorised Market Institutions (AMIs) can request for approval of Business Rules change.

SERVICE FEES: Not applicable
PAYMENT METHODS: Not applicable

Service Process

Enquire

Generate and get your
enquiry screened

Apply

Submit your
application

Evaluate

Undergo application
review

Fulfil

Complete invoicing
and acceptance

Approve

Receive service delivery
and approval

Service Pre-requisites

Compliance with AMI Rule 5.6.4 - 5.6.7 of the DFSA Rulebook
Redlined text of the Business Rules changes

Required Documents

If applicable, the documents the DFSA is likely to request to be submitted with the application form include but are not limited to:

Detailed description of the Business Rules changes.
Redlined text of the Business Rules changes.
Any relevant and necessary supporting documents.

Service Fees

Not Applicable

Enquire

Apply

Evaluate

Fulfil

Approve

Not Applicable.

Duration
Not Applicable.

Channel
DFSA Website

Document
Not Applicable.

Complete the prerequisites and submit the relevant application form on the DFSA e-Portal.

Duration
TBC

Channel
DFSA Website

Document
All documents listed under "Required Documents".

Upon receipt of the application, the DFSA conducts a thorough assessment. If further information is required, additional documentation will be requested.

Duration
TBC

Channel
Email/Phone/Website

Document
Any additional documents requested by the DFSA.

If applicable, complete any additional requirements or conditions specified by the DFSA to finalise the approval process.

Duration
TBC

Channel
Email/Phone/Website

Document
As specified by the DFSA in case of further requirements.

If the outcome of the assessment is satisfactory, the DFSA will approve the changes to the Business Rules.

Duration
TBC

Channel
Email/Phone/Website

Document
None, unless requested by the DFSA.

Paired Services

Request for New Authorisation
Financial Services

Request authorisation to carry Financial Services in or from the DIFC.

Request for New Authorisation
Representative Offices

Obtain authorisation to operate a Representative Office in the DIFC.

Request for New Authorisation
Credit Rating Agencies

Obtain authorisation to operate as a Credit Rating Agency in or from the DIFC.

Request for Information to DFSA
Supervision

Seek clarification or guidance on specific regulatory requirements of supervisory processes.

Request for Amendment of
Supervision Scope

Apply to change the scope of your licence

Request for Amendment to
Ownership and Control Structure

Notify, or seek approval from, the DFSA on changes in the ownership or control structure of your Authorised Firm.

Withdraw
Authorisation

Request to withdraw your licence as an Authorised Firm, ceasing to carry Financial Services in or from the DIFC.

Submit
Reports

Submit financial reports produced by your auditor.

Submit
Notifications

Submit Notifications

Authorised Firms