Request for Modification or Waivers of Rules

Obtain a modification or a waiver of specific Rules or Articles of the Markets Law where there are appropriate and justifiable reasons.

SERVICE FEES: If complex, USD 5,000; otherwise 0.
PAYMENT METHODS: Bank Transfer

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 Rule GEN 11.2 of the DFSA Rulebook and refer to RPP Chapter 9
Submission of an Authorisation Enquiry and...

Required Documents

Firm can provide any relevent document to support its case

Service Fees

Comprehensive details of fees can be found in the Fees module (FER) of the DFSA Rulebook. Service fees are paid through bank transfer to the DFSA.

Enquire

Apply

Evaluate

Fulfil

Approve

Submit an authorisation enquiry to discuss the modification or waiver.

Duration
TBC

Channel
DFSA Website

Document
Not Applicable.

Complete the application form on the DFSA e-Portal. Pay the invoiced fees to proceed with the application.

Duration
TBC

Channel
DFSA Website

Document
All documents listed under "Required Documents".

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

Duration
TBC

Channel
Email/Phone/Website

Document
Any additional documents requested by the DFSA.

Complete any additional requirements or conditions specified by the DFSA to finalise the approval.

Duration
TBC

Channel
Email/Phone/Website

Document
As specified by the DFSA if further requirements are necessary.

Upon satisfactory assessment, the DFSA will issue a waiver/modification notice.

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