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: USD 4000
PAYMENT METHODS: Bank Transfer
SLA Time: Only 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

Compliance with Rule GEN 11.2 of the DFSA Rulebook and refer to RPP Chapter 9
Submitted 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

Request DFSA to answer your queries regarding your Eligibility of being Authorised.

Duration
1-3 weeks

Channel
DFSA Website

Document
Organigram Structure

Begin the authorization process by submitting necessary documents for review.

Duration
1-3 weeks

Channel
DFSA Website

Document
Regulatory Business Plan AML Compliance Reports Financial Statements

DFSA reviews your submission to assess compliance with regulatory standards.

Duration
1-3 weeks

Channel
Email/Phone/Website

Document
Regulatory Business Plan AML Compliance Reports Financial Statements

Provide additional documentation as requested to finalize the authorization process.

Duration
1-3 weeks

Channel
Email/Phone/Website

Document
N/A

Receive confirmation of your firm’s authorization, along with the official license to operate.

Duration
1-3 weeks

Channel
Email/Phone/Website

Document
DFSA Authorisation Letter DFSA License

Paired Services

Request for New Authorisation
Financial Services

Obtain 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 be 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