Vary or Withdraw authorisation (Authorised Individuals

Vary or Withdraw authorisation (Authorised Individuals - Principal Representatives)

Withdraw an Authorised Individual's authorisation.

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

Review GEN 7.4 and Rule GEN 11.5.
Submit anAuthorisation enquiry.
Upon eligibility confirmation from the DFSA, you will receive DFSA ePortal login credentials.

Required Documents

The following documents need to be submitted with the application form:

Supporting information, if relevant.

Service Fees

Not applicable

Enquire

Apply

Evaluate

Fulfil

Approve

Submit an initial enquiry to confirm eligibility for withdrawing the authorisation.

Duration
TBC

Channel
DFSA Website

Document
Not applicable.

Complete the application form on the DFSA e-Portal and submit it with all required documents.

Duration
TBC

Channel
DFSA Website

Document
Supporting information, if relevant.

The DFSA will conduct a thorough assessment of the application. If there is insufficient information, additional details will be requested.

Duration
TBC

Channel
Email/Phone/Website

Document
Any additional documents requested by the DFSA during the evaluation.

Ensure all requirements for the withdrawal are met, as specified by the DFSA

Duration
TBC

Channel
Email/Phone/Website

Document
Any supporting evidence required to fulfil the withdrawal conditions.

Upon satisfactory assessment, the DFSA will confirm the withdrawal of the authorisation.

Duration
TBC

Channel
Email/Phone/Website

Document
None, unless explicitly 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 Individuals/Key Individuals